Where Will PayPal Holdings Be in 10 Years?
PayPal Holdings (NASDAQ: PYPL) stock is up almost 85% year to date as the company continues to fire on all cylinders. From 2012 through 2016, PayPal's revenue increased 91% and earnings per share grew 80%. Given that the e-commerce and mobile payments markets continue to grow at a fast rate, there is every reason to believe PayPal will continue putting up similar numbers over the next 10 years.
In the third quarter of 2017, PayPal reported revenue growth of 21% year over year, and non-GAAP (adjusted) earnings per share grew of 31% year over year. These kinds of great results are becoming just another typical quarter for the mobile payments leader.
Let's review the strategy that is producing these impressive results and what that tells us about where PayPal will be in 10 years.
Source: Fool.com
Paypal Holdings Inc Stock
Currently there is a rather positive sentiment for Paypal Holdings Inc with 80 Buy predictions and 5 Sell predictions.
With a target price of 70 € there is a positive potential of 23.89% for Paypal Holdings Inc compared to the current price of 56.5 €.
