#PAYPAL STOCK PRICE TARGET 2022 UPDATE#
#PAYPAL STOCK PRICE TARGET 2022 SOFTWARE#

The company reported an operating cash flow. Street estimates have PayPal reporting 6.4 billion for the quarter - 6. Q1 of 2023 Result In the first quarter of 2023, the revenues of Paypal rose by 9 year-over-year to 7.04 billion. Price Action: PYPL shares traded lower by 4.79% at $60.24 on the last check Tuesday. Track Troika Media Group Inc (TRKA) Stock Price, Quote, latest community. Perlin is not quite so optimistic about what PayPal will report for Q1 2022, as the rest of Wall Street seems to be. The question remains regarding what that means for investment spend and fundamentals in the near to medium term.

Since he is not an industry insider, Sakhrani thinks it may take some time to assess what the right go-forward strategy would be to reinvigorate growth.

#PAYPAL STOCK PRICE TARGET 2022 SOFTWARE#

While his experience in technology and product leadership and with a software platform within the SMB vertical make him suitable for the position, the market will likely perceive this as continued uncertainty regarding the impact he can have on PYPL.

#PAYPAL STOCK PRICE TARGET 2022 UPDATE#

The CEO update adds clarity following news of Dan Schulman's intention to retire earlier this year in February.Ĭhriss is not among the name brands viewed as top candidates for the role by the investment community.

KBW analyst Sanjay Sakhrani had an Outperform rating with a price target of $90.00.

The price target reflects a discount to Visa Inc V & Mastercard Inc MA. Canaccord Genuity Capital Markets analysts, who maintained a buy rating on the stock but lowered their price target from 315 to 215, wrote in a note Tuesday that PayPal’s challenges are. First and foremost, PayPal will need to change the Apple Inc AAPL Apple Pay share loss narrative, which he considers the #1 drag on the stock.Ĭhriss must also decide on the possibility of combining the PayPal and Venmo brands.ĭolev expects a modest positive stock reaction, mainly on improved clarity regarding management change. Analysts typically do not provide long-term PayPals share price forecasts, but algorithm-based price prediction. The company named Intuit Inc's INTU Alex Chriss as CEO, effective September 27, 2023.Ĭhriss will be inheriting a challenged but not unfixable story. The analyst expressed surprise at the recent CEO appointment. All Rights Reserved.Mizuho analyst Dan Dolev reiterated a Buy on PayPal Holdings, Inc PYPL with a price target of $92.00. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2019 and/or its affiliates. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. Factset: FactSet Research Systems Inc.2019. GLOBAL DOW NASDAQ Financial Services Compare to Open 62.27 Prior Close 62.79 (08/10/23) 1 Day PYPL -1.99 DJIA 0.30 S&P 500 -0.11 Financial Services 0.09 Overview Per-Share Earnings, Actuals &. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes.

Paypal stock price target 2022