Where Will PayPal Stock Be in 1 Year?
Digital payments are becoming the norm for many around the world, and (NASDAQ: PYPL) is the industry leader in the segment. But being at the top and having a first-mover advantage in the market hasn't been enough to satisfy investors who are disappointed with its performance over the past couple of years. Maintaining such high growth rates can be tough to sustain, especially as new companies come with fresh thinking that a large, established company can sometimes miss.
PayPal is working hard to stay at the top and regain some of this lost investor confidence. The changes it is working toward are likely to mean this fintech will look somewhat different a year from now. What should investors expect?
PayPal's growth rates have slowed, but business is still booming. It got a boost at the beginning of the pandemic when digital retail sales skyrocketed, but since it also works with physical stores, the headwinds of store reopenings haven't been fierce.
Source Fool.com
Paypal Holdings Inc Stock
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With a target price of 75 € there is a slightly positive potential of 14.78% for Paypal Holdings Inc compared to the current price of 65.34 €.