Where Will PayPal Stock Be in 5 Years?
On Jan. 31, 2018, 's (NASDAQ: PYPL) former parent company and longtime e-commerce partner eBay (NASDAQ: EBAY) made a shocking announcement. Instead of sticking with PayPal as its preferred payment platform, eBay partnered with its Dutch rival Adyen (OTC: ADYE.Y) to replace all its services over the following five years.
That five-year transition, which concluded this month, throttled PayPal's top-line growth. A surge in online and peer-to-peer payments throughout the pandemic temporarily masked that problem, but its growth decelerated after those tailwinds dissipated -- and that slowdown was exacerbated by inflation and other macro headwinds.
Image source: PayPal.
Source Fool.com
Paypal Holdings Inc Stock
€54.21
-1.580%
Our community is currently high on Paypal Holdings Inc with 66 Buy predictions and 5 Sell predictions.
As a result the target price of 73 € shows a positive potential of 34.66% compared to the current price of 54.21 € for Paypal Holdings Inc.
