1 Warning Sign PayPal Investors Need to Know
(NASDAQ: PYPL) benefited greatly from the coronavirus pandemic -- growing active accounts, total payment volume (TPV), revenue, and earnings at impressive rates. Consumers flush with cash and spending a lot of time at home turned to online shopping, boosting the digital payments giant.
At its all-time high, the stock was up a remarkable 740% from its July 2015 spinoff from eBay.
Like many pandemic darlings, however, PayPal is facing a slump as consumer behavior normalizes. The uncertain economic environment isn't helping the situation, either. This top fintech stock is currently down 79% from its peak price -- and growth has slowed dramatically.
Source Fool.com
Paypal Holdings Inc Stock
€54.45
1.430%
The stock is one of the favorites of our community with 58 Buy predictions and 2 Sell predictions.
As a result the target price of 74 € shows a positive potential of 35.9% compared to the current price of 54.45 € for Paypal Holdings Inc.
