PayPal (NASDAQ:PYPL – Get Free Report) updated its FY25 earnings guidance on Tuesday. The company provided EPS guidance of $4.95-5.10 for the period, compared to the consensus EPS estimate of $5.04.
Wall Street Analyst Weigh In
A number of equities research analysts recently weighed in on PYPL shares. Bank of America raised shares of PayPal from a “neutral” rating to a “buy” rating and raised their price target for the company from $86.00 to $103.00 in a report on Monday, December 9th. JPMorgan Chase & Co. restated an “overweight” rating on shares of PayPal in a research note on Tuesday, February 4th. StockNews.com upgraded PayPal from a “hold” rating to a “buy” rating in a research note on Tuesday, December 24th. Citigroup restated an “outperform” rating on shares of PayPal in a research note on Wednesday, February 5th. Finally, Keefe, Bruyette & Woods lifted their price objective on PayPal from $92.00 to $104.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. Fourteen equities research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $90.52.
Check Out Our Latest Stock Report on PYPL
PayPal Stock Performance
PayPal (NASDAQ:PYPL – Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The credit services provider reported $1.19 EPS for the quarter, beating the consensus estimate of $1.11 by $0.08. The company had revenue of $8.37 billion for the quarter, compared to analyst estimates of $8.27 billion. PayPal had a net margin of 13.04% and a return on equity of 23.67%. PayPal’s revenue was up 4.2% compared to the same quarter last year. During the same quarter last year, the business earned $1.48 earnings per share. As a group, sell-side analysts anticipate that PayPal will post 5.03 EPS for the current year.
About PayPal
PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.
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