We recently published a list of 10 Best Cash App Stocks To Buy According to Hedge Funds. In this article, we are going to take a look at where PayPal Holdings, Inc. (NASDAQ:PYPL) stands against other best cash app stocks to buy according to hedge funds.
PayPal is in the hacker and scammer crosshairs as cyberattacks continue—here’s what you need to know to protect your account and your money.
PayPal (NASDAQ: PYPL) was a big winner in 2024, with shares rising by 39% for the year. This handily outpaced the S&P 500 and even beat the high-flying Nasdaq Composite index by more than 10 percentage points.
Jefferies analyst Trevor Williams has maintained their neutral stance on PYPL stock, giving a Hold rating yesterday.Invest with Confidence:
Read here for an analysis of PayPal's potential for growth in 2025, supported by strong cash flow and margins, driving a buy rating and target price of $121.
During the three-month period that ended Sept. 30, 2024, PayPal handled a whopping $423 billion in total payment volume. That figure was up 9% year over year and 136% higher than in the third quarter (Q3) of 2019. What's more, revenue in the past five years has climbed at a 12.4% annualized clip. PayPal is clearly still growing nicely.
PayPal's turnaround story isn't finished, but it's in the process of happening. The market was pleased with its progress last year, and PayPal stock ended 2024 up 39%. It's not the cheapest it's been over the past three years, but it's close. Plus, it's a lot lower than the three-year average.
PayPal's stock has gained over 40% in six months, but long-term technicals and fundamentals indicate potential overvaluation and weakness. Read more here.
Olé Life, an insurance technology startup that serves markets in Latin America, secured $13 million in funding from investors. The Miami company offers flexible term life insurance policies online and through its mobile app. Olé Life plans to use the capital to grow its customer base and add new products beyond life insurance.
In a blog article, a victim describes the criminals' approach. It cannot be traced, but Paypal may have already reacted.
YouTube has been awash with videos about PayPal's browser extension Honey allegedly ripping off creators and it's led to a class action lawsuit. Here's a break down of what's going on.
Analysts expect its revenue and GAAP EPS to have grown 6% and 4%, respectively, in 2024. For 2025, they expect its revenue and GAAP EPS to rise 6% and 17%, respectively, as the macroeconomic environment improves and it expands its ecosystem. That stable growth indicates it can keep growing over the long term without eBay's support.