PayPal (NASDAQ:PYPL) Given New $59.00 Price Target at TD Cowen

PayPal (NASDAQ:PYPL) had its target price raised by equities research analysts at TD Cowen from $48.00 to $59.00 in a report issued on Wednesday,Benzinga reports. The firm presently has a “hold” rating on the credit services provider’s stock. TD Cowen’s price target indicates a potential downside of 0.22% from the stock’s previous close.

Several other equities research analysts also recently commented on the stock. HSBC started coverage on shares of PayPal in a report on Friday. They issued a “buy” rating on the stock. Piper Sandler decreased their price target on shares of PayPal from $46.00 to $42.00 and set a “neutral” rating for the company in a report on Monday, June 29th. Wells Fargo & Company upped their price objective on shares of PayPal from $48.00 to $56.00 and gave the company an “equal weight” rating in a research report on Wednesday. Telsey Advisory Group downgraded PayPal to a “market perform” rating in a research note on Friday. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of PayPal in a report on Friday, May 8th. Nine investment analysts have rated the stock with a Buy rating, thirty-four have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, PayPal has a consensus rating of “Hold” and a consensus price target of $56.19.

PayPal Trading Up 1.4%

Shares of PayPal stock traded up $0.81 during trading on Wednesday, hitting $59.13. 7,316,732 shares of the company were exchanged, compared to its average volume of 19,599,029. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.26 and a quick ratio of 1.26. The firm has a market capitalization of $52.16 billion, a P/E ratio of 11.09, a price-to-earnings-growth ratio of 1.40 and a beta of 1.33. The firm’s fifty day moving average price is $46.22 and its 200 day moving average price is $47.02. PayPal has a 1-year low of $38.46 and a 1-year high of $79.21.

PayPal (NASDAQ:PYPL) last announced its quarterly earnings results on Tuesday, July 28th. The credit services provider reported $1.38 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.10. PayPal had a net margin of 15.00% and a return on equity of 25.02%. The business had revenue of $8.68 billion for the quarter, compared to the consensus estimate of $8.47 billion. During the same period last year, the company posted $1.40 EPS. PayPal’s revenue for the quarter was up 4.8% on a year-over-year basis. As a group, sell-side analysts expect that PayPal will post 5.32 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Suzan Kereere sold 3,379 shares of the company’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $42.79, for a total value of $144,587.41. Following the completion of the transaction, the insider directly owned 30,983 shares of the company’s stock, valued at approximately $1,325,762.57. This represents a 9.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Frank Keller sold 4,612 shares of the stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $42.54, for a total value of $196,194.48. Following the transaction, the insider owned 41,567 shares of the company’s stock, valued at approximately $1,768,260.18. This trade represents a 9.99% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 8,543 shares of company stock valued at $364,325. Company insiders own 0.63% of the company’s stock.

Institutional Investors Weigh In On PayPal

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Brighton Jones LLC boosted its position in PayPal by 15.2% during the 4th quarter. Brighton Jones LLC now owns 6,989 shares of the credit services provider’s stock worth $596,000 after acquiring an additional 924 shares during the last quarter. Revolve Wealth Partners LLC acquired a new stake in shares of PayPal in the fourth quarter valued at approximately $248,000. Sivia Capital Partners LLC raised its holdings in shares of PayPal by 41.5% in the second quarter. Sivia Capital Partners LLC now owns 4,470 shares of the credit services provider’s stock valued at $332,000 after purchasing an additional 1,310 shares during the last quarter. United Bank lifted its position in shares of PayPal by 40.1% in the second quarter. United Bank now owns 17,388 shares of the credit services provider’s stock worth $1,292,000 after purchasing an additional 4,974 shares in the last quarter. Finally, Federated Hermes Inc. lifted its position in shares of PayPal by 17.9% in the second quarter. Federated Hermes Inc. now owns 18,909 shares of the credit services provider’s stock worth $1,405,000 after purchasing an additional 2,865 shares in the last quarter. Institutional investors and hedge funds own 68.32% of the company’s stock.

PayPal News Summary

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: Q2 beat and higher outlook: PayPal reported adjusted earnings of $1.38 per share versus the $1.28 consensus and revenue of $8.68 billion versus $8.47 billion expected. Revenue rose 4.8% year over year, while management raised 2026 adjusted EPS guidance to approximately $5.38 and increased its transaction-margin outlook. PayPal Reports Second Quarter 2026 Results
• Positive Sentiment: Turnaround indicators improved: Total payment volume grew 10% to $486.4 billion, transactions increased 8% to 6.8 billion, and the company highlighted stabilization in branded checkout, continued Venmo expansion and cost-saving initiatives. PayPal also generated $1.8 billion in free cash flow and repurchased about $1.5 billion of stock. PayPal’s Q2 Earnings Call Focuses on Checkout Stability
• Positive Sentiment: Some analysts raised targets: Keefe, Bruyette & Woods increased its target to $70 and upgraded PayPal to Outperform. Mizuho and Citi also raised targets to $60 and $61, respectively, following the earnings report. Analysts Boost PayPal Forecasts
• Neutral Sentiment: Takeover interest remains a catalyst: Stripe and Advent International reportedly offered $60.50 per share, valuing PayPal at roughly $53 billion. The board viewed the offer as too low, while CEO Enrique Lores left the door open to a higher bid but emphasized the standalone turnaround. PayPal Becomes a Takeover Target
• Negative Sentiment: Execution and valuation concerns persist: GAAP earnings declined year over year, investment spending pressured margins, and some coverage characterized third-quarter guidance as soft. Wolfe Research, Needham, Canaccord and others maintained Hold or neutral ratings; Wells Fargo set a $56 target, below the recent trading level. Analysts continue to await stronger branded-checkout momentum and evidence that cost cuts can be delivered. PayPal Q2 Analyst Rating

PayPal Company Profile

PayPal Holdings, Inc operates a global digital payments platform that enables consumers and merchants to send and receive payments online, on mobile devices and at the point of sale. The company provides a broad set of payment solutions, including a digital wallet, merchant payment processing, checkout services, invoicing and fraud-management tools. PayPal’s platform is designed to support e-commerce, in-person retail and person-to-person transfers, targeting both individual consumers and businesses of varying sizes.

Key products and services in PayPal’s portfolio include the PayPal wallet and checkout ecosystem, the Venmo peer-to-peer mobile app, Braintree’s developer-focused payment gateway, Xoom for international money transfers, and PayPal Credit and buy-now-pay-later options.