3 Things You Need to Know If You Buy PayPal Today
Most investors have probably heard of (NASDAQ: PYPL). Founded more than two decades ago, the leader in digital payments has helped to spearhead the growth of cashless transactions. And it now has become an important part of how consumers and businesses do commerce.
It's smart to take the time to understand more about the company. That said, here are three things you need to know if you want to buy this fintech stock today.
Three key aspects of PayPal drive payment volume. Investors are likely most familiar with the branded checkout solution, which is what consumers use when they want to purchase something on their favorite websites. PayPal has become so ubiquitous, that at the end of 2022, it was accepted at nearly 80% of the top 1,500 retailers in North America and Europe, a huge lead versus the next best rival.
Source Fool.com
Paypal Holdings Inc Stock
The stock is one of the favorites of our community with 70 Buy predictions and 3 Sell predictions.
As a result the target price of 75 € shows a slightly positive potential of 16.23% compared to the current price of 64.53 € for Paypal Holdings Inc.