This Nasdaq Stock Is Down 5% Since Earnings. Is It a Buy Now?
In a world where more and more transactions occur digitally, it would be logical to assume a company specializing in digital payments would be a massive winner for investors. However, (NASDAQ: PYPL) is only up 64% since its 2015 IPO, lagging the S 500's return over that same time frame.
More recently, PayPal's stock fell sharply after its Q4 and full-year 2023 results were released. The stock has recovered a bit after falling nearly 12% initially, but is still down 5% since the report.
This may all sound bad, but there's a lot of reason for hope. Let's dig in to see if PayPal is a buy after its post-earnings dip.
Source Fool.com
Paypal Holdings Inc Aktie
61,64 €
-0,42 %
Paypal Holdings Inc sticht hervor mit 64 Buy- und nur 4 Sell-Einschätzungen.
Das von der Community festgelegte Kursziel von 75 € für Paypal Holdings Inc bedeutet eine mögliche Steigerung um über 20% im Vergleich zu 61.64 €.
