Can PayPal Double in 5 Years? Here's What It Would Take.
PayPal (NASDAQ: PYPL) has been a frustrating investment over the years. It has only gained about 60% since it split from eBay in 2015. That's a meager 5.6% annual return. It has significantly underperformed the S 500, which is up nearly 150% (11.1% annualized).
What makes that underperformance worse is that at its peak in 2021, PayPal stock had surged more than 600%, only to lose nearly all its gain over the last two years.
That prior surge suggests that PayPal could have lots of upside potential if it can recover its lost momentum. Here's a look at what it would take for the fintech company to double in value over the next five years.
Source Fool.com
Paypal Holdings Inc Stock
The stock is one of the favorites of our community with 69 Buy predictions and 2 Sell predictions.
As a result the target price of 75 € shows a slightly positive potential of 18.5% compared to the current price of 63.29 € for Paypal Holdings Inc.