BNP Paribas Exane Cuts PayPal (NASDAQ:PYPL) Price Target to $69.00

PayPal (NASDAQ:PYPL) had its target price reduced by BNP Paribas Exane from $71.00 to $69.00 in a research note published on Tuesday,MarketScreener reports. BNP Paribas Exane currently has a neutral rating on the credit services provider’s stock.

Several other brokerages also recently weighed in on PYPL. Citigroup upgraded PayPal to a “hold” rating in a report on Thursday, October 23rd. Keefe, Bruyette & Woods lifted their price objective on PayPal from $85.00 to $90.00 and gave the company an “outperform” rating in a research report on Wednesday, October 29th. Canaccord Genuity Group upped their target price on PayPal from $96.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Dbs Bank decreased their price target on PayPal from $75.00 to $70.00 and set a “hold” rating on the stock in a research note on Thursday, November 13th. Finally, The Goldman Sachs Group lifted their price target on PayPal from $70.00 to $72.00 and gave the company a “sell” rating in a report on Wednesday, October 29th. Fifteen research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $81.67.

PayPal Price Performance

NASDAQ:PYPL opened at $61.73 on Tuesday. PayPal has a 12-month low of $55.85 and a 12-month high of $93.66. The firm has a market cap of $57.76 billion, a price-to-earnings ratio of 12.37, a price-to-earnings-growth ratio of 0.83 and a beta of 1.43. The company’s 50-day moving average is $66.70 and its two-hundred day moving average is $69.58. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.56.

PayPal (NASDAQ:PYPL) last issued its quarterly earnings results on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.14. The business had revenue of $8.42 billion during the quarter, compared to the consensus estimate of $8.21 billion. PayPal had a net margin of 14.96% and a return on equity of 25.64%. The company’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.20 earnings per share. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS and its FY 2025 guidance at 5.350-5.390 EPS. Research analysts expect that PayPal will post 5.03 EPS for the current year.

PayPal Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th will be paid a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, November 19th. PayPal’s payout ratio is currently 11.22%.

Insider Transactions at PayPal

In related news, insider Suzan Kereere sold 4,162 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $59.84, for a total value of $249,054.08. Following the transaction, the insider owned 30,983 shares in the company, valued at approximately $1,854,022.72. This trade represents a 11.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Aaron Webster sold 9,282 shares of the business’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $66.29, for a total transaction of $615,303.78. Following the sale, the executive vice president owned 35,699 shares of the company’s stock, valued at approximately $2,366,486.71. This represents a 20.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 36,156 shares of company stock worth $2,432,524 over the last 90 days. Company insiders own 0.08% of the company’s stock.

Hedge Funds Weigh In On PayPal

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Norges Bank purchased a new position in PayPal in the second quarter valued at about $921,570,000. Nuveen LLC acquired a new stake in shares of PayPal in the first quarter valued at about $529,264,000. Goldman Sachs Group Inc. raised its holdings in shares of PayPal by 44.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider’s stock valued at $558,499,000 after buying an additional 2,638,815 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of PayPal by 35.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 8,177,536 shares of the credit services provider’s stock valued at $548,520,000 after buying an additional 2,160,227 shares during the period. Finally, Lazard Asset Management LLC lifted its position in PayPal by 1,066.0% during the 2nd quarter. Lazard Asset Management LLC now owns 2,106,215 shares of the credit services provider’s stock worth $156,532,000 after acquiring an additional 1,925,583 shares in the last quarter. Institutional investors and hedge funds own 68.32% of the company’s stock.

PayPal Company Profile

PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.