PayPal Is Great. Here's Why You Shouldn't Buy It
(NASDAQ: PYPL) recently reported its second-quarter 2023 financial results. Revenue totaled $7.3 billion (up 7% year over year), with adjusted diluted earnings per share coming in at $1.16 (up 24%). These figures beat Wall Street estimates.
Besides these key headline figures, which show a business that is still expanding, there are other reasons that PayPal is a good company. But that doesn't mean investors should rush to buy the stock just yet.
Here's why.
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 €.
