PayPal Holdings Inc (NASDAQ: PYPL) Stock: Does It Have The Potential To Rise?

In the last trading session, 9.94 million shares of the PayPal Holdings Inc (NASDAQ:PYPL) were traded, and its beta was 1.43. Most recently the company’s share price was $63.19, and it changed around $0.88 or 1.41% from the last close, which brings the market valuation of the company to $66.52B. PYPL currently trades at a discount to its 52-week high of $76.54, offering almost -21.13% off that amount. The share price’s 52-week low was $50.25, which indicates that the current value has risen by an impressive 20.48% since then. We note from PayPal Holdings Inc’s average daily trading volume that its 3-month average coming to 16.11 million.

PayPal Holdings Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.25. If we narrow it down even further, the data shows that 0 out of 44 analysts rate the stock as a Sell; another 14 rate it as Overweight. Among the rest, 12 recommended PYPL as a Hold, whereas 18 deemed it a Buy, and 0 rated it as Underweight. PayPal Holdings Inc is expected to report earnings per share of $Tidal Trust II for the current quarter.

PayPal Holdings Inc (NASDAQ:PYPL) trade information

Instantly PYPL has showed a green trend with a performance of 1.41% at the end of last trading. The performance over the last five days has remained in the red territory. The company’s shares are currently up 2.90% year-to-date, but still down -0.50% over the last five days. On the other hand, PayPal Holdings Inc (NASDAQ:PYPL) is -4.46% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $125.1, which translates to bulls needing to increase their stock price by 49.49% from its current value. Analyst projections state that PYPL is forecast to be at a low of $62 and a high of $290.

PayPal Holdings Inc (PYPL) estimates and forecasts

PayPal Holdings Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 15.29 percent over the past six months and at a 0.00% annual growth rate that is well below the industry average of 20.50%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 17.54%. PayPal Holdings Inc earnings are expected to increase by 0.80% in 2024, but the outlook is positive 12.47% per year for the next five years.