Is It Too Late to Buy PayPal Stock?
's (NASDAQ: PYPL) stock plunged 12% on Aug. 3 after the digital payments leader posted its second-quarter earnings report. Its revenue rose 7% year over year to $7.29 billion, just narrowly beating analysts' estimates. Its adjusted earnings grew 24% to $1.16 per share and matched the consensus forecast.
Those headline numbers weren't disastrous, but a deeper dive exposes a few red flags. Let's review those issues and see if it's too late to bet on PayPal's turnaround.
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Source Fool.com
Paypal Holdings Inc Stock
€54.45
1.430%
With 58 Buy predictions and 2 Sell predictions Paypal Holdings Inc is one of the favorites of our community.
With a target price of 74 € there is a positive potential of 35.9% for Paypal Holdings Inc compared to the current price of 54.45 €.
