PayPalPYPL
About: PayPal was spun off from eBay in 2015 and provides electronic payment solutions to merchants and consumers, with a focus on online transactions. The company had 426 million active accounts at the end of 2023. The company also owns Venmo, a person-to-person payment platform.
Employees: 27,200
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
56% more funds holding in top 10
Funds holding in top 10: 32 [Q2] → 50 (+18) [Q3]
48% more first-time investments, than exits
New positions opened: 265 | Existing positions closed: 179
26% more capital invested
Capital invested by funds: $43.1B [Q2] → $54.3B (+$11.2B) [Q3]
20% more call options, than puts
Call options by funds: $4.8B | Put options by funds: $4.01B
5% more funds holding
Funds holding: 1,709 [Q2] → 1,795 (+86) [Q3]
0.43% less ownership
Funds ownership: 70.13% [Q2] → 69.71% (-0.43%) [Q3]
12% less repeat investments, than reductions
Existing positions increased: 617 | Existing positions reduced: 700
Research analyst outlook
24 Wall Street Analysts provided 1 year price targets over the past 3 months
24 analyst ratings
Phillip Securities | 5%upside $90 | Accumulate Downgraded | 1 Nov 2024 |
Canaccord Genuity Joseph Vafi 86% 1-year accuracy 76 / 88 met price target | 12%upside $96 | Buy Maintained | 30 Oct 2024 |
Macquarie Paul Golding 88% 1-year accuracy 35 / 40 met price target | 11%upside $95 | Outperform Maintained | 30 Oct 2024 |
Goldman Sachs Will Nance 81% 1-year accuracy 30 / 37 met price target | 1%upside $87 | Neutral Maintained | 30 Oct 2024 |
RBC Capital Daniel Perlin 86% 1-year accuracy 48 / 56 met price target | 4%upside $89 | Outperform Maintained | 30 Oct 2024 |
Financial journalist opinion
Based on 79 articles about PYPL published over the past 30 days
