3 Reasons Smart Investors Are Buying PayPal
(NASDAQ: PYPL) recently warned of some short-term headwinds to the business, but it could be providing a great opportunity for long-term investors.
Shares plummeted after PayPal released its first-quarter earnings report and revised its 2023 full-year operating margin guidance. Management now expects adjusted operating margin to expand 100 basis points versus prior guidance of 125 basis points. The weakness stems from slower growth in branded checkout (the PayPal button on e-commerce sites) versus unbranded checkout.
But there's still a lot of room for the fintech specialist to boost its operating margin over time, and there's a lot of value to unlock within the unbranded business. Here are three reasons smart investors are loading up on PayPal stock right now.
Source Fool.com
Paypal Holdings Inc Stock
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.
