3 Things About PayPal That Smart Investors Know
Ever since its founding more than two decades ago, (NASDAQ: PYPL) has been a true trailblazer in the world of electronic payments. However, the stock has largely been a disappointment for shareholders. As of this writing, shares are 76% below their all-time high, and they are down 2% in 2023, missing the broader market's rally.
Before deciding to add this popular fintech stock to your portfolio, it's best to gain a better understanding about the business. Here are three things the smartest investors know about PayPal.
Shareholders might know that PayPal has 433 million active accounts and processed $1.36 trillion of total payment volume (TPV) in 2022. But investors may not know the PayPal network is made up of some major pieces.
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.