PayPal (PYPL) PT Lowered to $75 at Jefferies

Go back to PayPal (PYPL) PT Lowered to $75 at Jefferies

PayPal (PYPL) PT Lowered to $95 at Wells Fargo

November 4, 2022 7:39 AM EDT

Wells Fargo analyst Jeff Cantwell lowered the price target on PayPal (NASDAQ: PYPL) to $95.00 (from $120.00) while maintaining a Overweight rating.... More

PayPal (PYPL) PT Lowered to $115 at MoffettNathanson

November 4, 2022 7:23 AM EDT

MoffettNathanson analyst Lisa Ellis lowered the price target on PayPal (NASDAQ: PYPL) to $115.00 (from $120.00) while maintaining a Outperform rating.... More

PayPal (PYPL) PT Lowered to $95 at SMBC Nikko Securities

November 4, 2022 7:17 AM EDT

SMBC Nikko Securities analyst Andrew Bauch lowered the price target on PayPal (NASDAQ: PYPL) to $95.00 (from $100.00) while maintaining a Neutral rating.... More

PayPal (PYPL) PT Lowered to $100 at Wedbush

November 4, 2022 7:11 AM EDT

Wedbush analyst David Chiaverini lowered the price target on PayPal (NASDAQ: PYPL) to $100.00 (from $130.00) while maintaining a Outperform rating.... More

PayPal (PYPL) PT Lowered to $80 at Stephens

November 4, 2022 6:50 AM EDT

Stephens analyst Charles Nabhan lowered the price target on PayPal (NASDAQ: PYPL) to $80.00 (from $105.00) while maintaining a Equal Weight rating.... More

PayPal shares tumble after forecast cut, spending slowdown warning

November 4, 2022 6:44 AM EDT

By Manya Saini and Niket Nishant

(Reuters) - PayPal Holdings shares dropped nearly 6% in morning trade on Friday after the digital payments heavyweight lowered its annual revenue forecast, warning of a bleak holiday quarter as consumers cut back on discretionary spends.

Decades-high inflation has hit the purchasing power of consumers who also have to contend with the threat of a looming recession.

"Consumers have been trading down from high-end, expensive to more affordable brands while also spending more on non-discretionary... More

PayPal (PYPL) PT Lowered to $110 at Goldman Sachs

November 4, 2022 6:29 AM EDT

Goldman Sachs analyst Michael Ng lowered the price target on PayPal (NASDAQ: PYPL) to $110.00 (from $127.00) while maintaining a Buy rating.... More

PayPal (PYPL) Drops 7% After Cutting FY Revenue Forecast, MS Remains Bullish

November 4, 2022 5:55 AM EDT

Shares of PayPal (NASDAQ: PYPL) are down about 7% in pre-open Friday trading after the company reported its Q3 earnings.

PayPal reported EPS of $1.08 on revenue of $6.85 billion, beating the consensus that called for EPS of $0.96 on revenue of $6.82 billion. Total payment volume (TPV) increased by nearly 9% to $336.97 billion.

The company also reported it has 432 million active accounts, just below the estimate of 433.2 million. The adjusted operating margin came in at 22%, beating the consensus of 19.8%.

"We delivered strong third-quarter results. We... More

PayPal (PYPL) PT Lowered to $100 at Credit Suisse

November 4, 2022 5:51 AM EDT

Credit Suisse analyst Timothy Chiodo lowered the price target on PayPal (NASDAQ: PYPL) to $100.00 (from $110.00) while maintaining a Outperform rating.... More

PayPal (PYPL) PT Lowered to $75 at Truist Securities

November 4, 2022 5:29 AM EDT

Truist Securities analyst Daniel Perlin lowered the price target on PayPal (NASDAQ: PYPL) to $75.00 (from $90.00) while maintaining a Hold rating.... More

PayPal (PYPL) PT Lowered to $107 at Raymond James

November 4, 2022 5:29 AM EDT

Raymond James analyst John Davis lowered the price target on PayPal (NASDAQ: PYPL) to $107.00 (from $123.00) while maintaining a Outperform rating.... More

Popular stocks increasing volume: PBR ROKU NKLA PYPL BA WBD F C T SQ BABA

November 4, 2022 4:28 AM EDT

Popular stocks increasing volume: PBR ROKU NKLA PYPL BA WBD F C T SQ BABA

... More

Popular stocks increasing volume: PBR ROKU NKLA PYPL BA WBD F C T SQ BABA

November 4, 2022 4:28 AM EDT

Popular stocks increasing volume: PBR ROKU NKLA PYPL BA WBD F C T SQ BABA

... More

PayPal (PYPL) PT Raised to $136 at Morgan Stanley

November 4, 2022 4:26 AM EDT

Morgan Stanley analyst James Faucette raised the price target on PayPal (NASDAQ: PYPL) to $136.00 (from $135.00) while maintaining a Overweight rating.... More

After-Hours Movers: Block, DoorDash, Coinbase Gain Following EPS; PayPal Falls

November 3, 2022 5:55 PM EDT

After-Hours Stock Movers:

Atlassian (NASDAQ: TEAM) 23% LOWER; reported Q1 EPS of $0.36, $0.04 worse than the analyst estimate of $0.40. Revenue for the quarter came in at $807 million versus the consensus estimate of $806.35 million. Atlassian sees Q2 2023 revenue of $835-855 million, versus the consensus of $879 million.

Apellis Pharmaceuticals, Inc. (Nasdaq: APLS) 17% LOWER; plans to submit the 24-month efficacy data from the Phase 3 DERBY and OAKS studies as part of its application. As previously announced, these data showed... More

PayPal (PYPL) Stock Continues to Decline - Full-Year Revenue Guidance Misses

November 3, 2022 4:30 PM EDT

PayPal (NASDAQ: PYPL) shares are down in after-hours trading Thursday following its third-quarter earnings release, which saw it top earnings and revenue expectations.

PayPal shares are currently down over 12% in post-market trading.

The financial technology company, which has been under fire recently,... More

PayPal's "prudent" revenue growth forecast cut sinks shares

November 3, 2022 4:20 PM EDT

By Mehnaz Yasmin

(Reuters) -Online payments firm PayPal Holdings Inc cut its annual revenue growth forecast in anticipation of a broader economic downturn and said it did not expect much growth in its U.S. e-commerce business in the holiday quarter.

Shares in PayPal, owner of the popular Venmo payments app, fell as much as 11% in extended trading on Thursday after the company also reported a decline in third-quarter profit, but they later... More

PayPal (PYPL) Tops Q3 EPS by 12c, Updates Guidance

November 3, 2022 4:17 PM EDT

PayPal (NASDAQ: PYPL) reported Q3 EPS of $1.08, $0.12 better than the analyst estimate of $0.96. Revenue for the quarter came in at $6.85 billion versus the consensus estimate of $6.82 billion.

GUIDANCE:

PayPal sees FY2022 EPS of $4.07-$4.08, versus the consensus of $3.93. PayPal sees... More