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Where Will PayPal Stock Be in 1 Year?

TheMotleyFool

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Where Will PayPal Stock Be in 1 Year?: https://g.foolcdn.com/editorial/images/720452/paypal-operations-center-in-dublin-ireland.jpg

PayPal's (NASDAQ: PYPL) stock rose 3% on Feb. 10 after it posted its fourth-quarter report. The digital payment company's revenue rose 7% year over year (9% in constant currency terms) to $7.4 billion and beat analysts' estimates by $10 million. Its adjusted earnings rose 12% to $1.24 per share and cleared the consensus forecast by $0.04.

Those growth rates look stable, but PayPal's stock remains down more than 30% over the past 12 months. Let's see why this fintech leader lost its luster, if its business is stabilizing, and if it can recover and outperform the market by the end of 2023.

Image source: PayPal.

Source Fool.com

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