PayPal Shares Jump on Strong Guidance. Is It Too Late to Buy the Stock?
Shares of (NASDAQ: PYPL) were climbing higher after the company reported strong second-quarter results and raised its full-year guidance. Even with the jump in price, the stock is still down more than 20% over the past year.
Let's look at the payment company's most recent results, long-term prospects, valuation, and whether or not it's too late to buy the stock.
For the second time this year, PayPal increased its full-year guidance following a strong earnings report.
Source Fool.com
Paypal Holdings Inc Stock
€56.80
-6.100%
The stock is one of the favorites of our community with 63 Buy predictions and 2 Sell predictions.
As a result the target price of 75 € shows a positive potential of 32.04% compared to the current price of 56.8 € for Paypal Holdings Inc.
