PayPal Stock Price Today NASDAQ: PYPL Quote, Market Cap, Chart

In 2023, PayPal expected to repurchase about $5 billion of its shares. The company expects to continue growing revenue at an above-average rate. PayPal’s revenues rose 8% in the third quarter of 2023, and the company expected 6% to white label bitcoin and cryptocurrency exchange software 7% revenue growth in the fourth quarter. As that chart shows, PayPal’s rising operating income has driven its share price higher since its split from eBay. PayPal’s stock is owned by a number of retail and institutional investors.

  1. PayPal (PYPL -2.07%) is a leader in digital payments, which is why many investors seek to invest in PayPal stock.
  2. Once you complete the order page, click the Place Order button at the bottom and become a PayPal shareholder.
  3. View analysts price targets for PYPL or view top-rated stocks among Wall Street analysts.
  4. Dan Shulman was tapped as CEO-designee in 2014 and worked with the company extensively during the build-up to the IPO.
  5. With a forward price-to-earnings (P/E) ratio of less than 17 times in late 2023, PayPal traded at a relatively low valuation.

Here are broker reviews of the top FX brokers that accept PayPal. Gain deeper insights into company revenues with a detailed analysis of revenue sources. Explore the updated Options feature, providing in-depth data, and a 3D viewing option. The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024. Sign-up to receive the latest news and ratings for PayPal and its competitors with MarketBeat’s FREE daily newsletter. Together, eBay and Paypal will change the course of eCommerce forever but the match did not last forever.

On average, they anticipate the company’s share price to reach $70.63 in the next twelve months. This suggests a possible upside of 9.0% from the stock’s current price. View analysts price targets for PYPL or view top-rated stocks among Wall Street analysts. Plus500 offers a user-friendly simplified trading platform that may appeal to traders just learning the ropes of forex trading.

Historical Prices for PayPal

The biggest holder was the Invesco QQQ Trust (QQQ 0.11%), with 19.2 million shares. However, PayPal had a relatively small portfolio weighting at 0.5% of the ETF’s holdings. MetaTrader 5 itself does not process payments, but many brokers that support MT5 also accept PayPal for deposits and withdrawals. Use these ten stocks to generate a safe and reliable source of investment income. Many forex brokerages accept PayPal as a deposit and withdrawal method for added convenience and security. Many reliable brokers cater to currency trading, but those featured in Benzinga’s top list stand out by offering the added convenience of PayPal withdrawals and deposits.

Notable brands include its peer-to-peer payments app Venmo and shopping experience platform Honey. PayPal also offers a buy now, pay later solution to finance transactions. FOREX.com is one of the top forex brokers that accepts PayPal and other deposit and payment methods.

PYPL price to earnings (PE)

Since the split from eBay, PayPal has traded as an independent public company. IG offers a user-friendly platform that accepts deposits and withdrawals with PayPal, making it ideal for beginners and experienced traders. It offers an excellent selection of trading tools and provides access to virtually every global market and trading instrument. Dan Shulman was tapped as CEO-designee in 2014 and worked with the company extensively during the build-up to the IPO. Since then, Mr. Shulman has worked diligently as CEO to democratize and transform digital payments for the benefit of individuals, families, and businesses worldwide.

Get a Forex Pro on Your Side

The company operates a portfolio of web-based applications that provide a host of other services as well. The payments giant seemed unlikely to split its stock anytime soon. The stock would need to surge again before PayPal would likely consider a stock split. Profit growth is a big factor in powering stock price appreciation over the longer term. It’s an ideal area for beginning investors to focus on before buying shares of any company. PayPal is one of the world’s largest and most ubiquitous digital payment platforms.

PayPal’s improving profitability, value-enhancing share repurchases, and attractive valuation mean it could be an incredibly enriching stock to buy for the long term. However, eBay (EBAY -1.11%) acquired the company a few months later for $1.5 billion in stock. PayPal investors received 0.39 shares of eBay for each PayPal share they held. However, it does return cash to investors by repurchasing shares. The company used over 80% of its free cash flow to repurchase $4.2 billion in shares in 2022.

In terms of scale, the company boasts more than 430,000,000 active accounts including merchants and consumers. In Q2 of 2022, that equated to 5.5 billion individual transactions https://www.day-trading.info/how-to-create-your-own-cryptocurrency/ and more than $340 billion in total payment volume. In regards to depth, the average account made more than 48 transactions or just over 4 transactions per week.

Here’s a step-by-step guide on buying PayPal shares and some factors to consider before investing in the fintech stock. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world https://www.forexbox.info/evidence-based-technical-analysis/ smarter, happier, and richer. EToro is a pioneer in social trading, allowing users to track and copy the trades of top investors. It offers a wide range of trading instruments and an easy-to-use platform.

More advanced traders may find its narrow selection of market research limiting. Paypal provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle, Hyperwallet, Honey, and Paidy names. The company began working with cryptocurrency late in 2020 and now supports four currencies. Paypal users can access the cryptocurrency wallet through their accounts and buy, sell, and trade the top four currencies including Bitcoin and Ethereum. The financial technology (fintech) company operates its namesake payments platform and several branded and non-branded platforms.

PayPal (PYPL -2.07%) is a leader in digital payments, which is why many investors seek to invest in PayPal stock. The company’s technology enables people to make digital payments to other PayPal users and merchants that accept PayPal. Dive into the world of forex trading with ease and security by using the top PayPal forex brokers. This comprehensive guide unveils the eight best brokers that offer seamless and secure transactions through the globally-trusted PayPal platform. Trade confidently with a PayPal forex broker that suits your forex trading account needs and preferences. 35 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for PayPal in the last twelve months.

PayPal Holdings, Inc. is one of the world’s largest and oldest fintech companies having gotten its start in 1998. Originally a payment processing application named Confinity, the company will join forces with eBay in 2000 and then merge with the company in 2002. It generates significant free cash flow, the bulk of which it’s already returning to shareholders through share repurchases. It could eventually start allocating some of that cash toward dividend payments. However, many brokers will allow you to transfer your PayPal balance into an account and use it to buy stocks. You’ll need to open a brokerage account with a platform that supports PayPal and link your accounts to buy stocks with your PayPal account.

January 18, 2024