PayPay (NASDAQ:PAYP) Research Coverage Started at Wolfe Research

Wolfe Research began coverage on shares of PayPay (NASDAQ:PAYP) in a research report released on Monday morning, MarketBeat reports. The brokerage issued an outperform rating and a $26.00 price objective on the fintech company’s stock.

PAYP has been the topic of several other reports. Benchmark began coverage on PayPay in a report on Monday. They set a “buy” rating and a $31.00 price objective on the stock. Mizuho began coverage on PayPay in a report on Monday. They set an “outperform” rating and a $26.00 price objective on the stock. Bank of America initiated coverage on PayPay in a report on Monday. They set a “buy” rating and a $26.00 price objective on the stock. Morgan Stanley initiated coverage on PayPay in a report on Monday. They set an “equal weight” rating and a $24.00 price target on the stock. Finally, Wall Street Zen upgraded PayPay to a “hold” rating in a report on Saturday, March 21st. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $25.73.

PayPay Trading Up 1.3%

Shares of PAYP opened at $20.36 on Monday. PayPay has a 1 year low of $17.00 and a 1 year high of $24.89.

PayPay (NASDAQ:PAYP) last issued its quarterly earnings data on Thursday, February 12th. The fintech company reported $0.18 earnings per share (EPS) for the quarter. The firm had revenue of $636.46 million for the quarter.

Key Headlines Impacting PayPay

Here are the key news stories impacting PayPay this week:

• Positive Sentiment: Goldman Sachs upgraded PayPay to “strong-buy” (and reported a buy view with a $29 price target, ~42% upside from the current price), boosting conviction among growth/fintech investors. Read More.
• Positive Sentiment: JPMorgan initiated coverage with an “overweight” rating and a $25 price target (~23% upside), adding another blue‑chip endorsement that likely supports the rally. Read More.
• Positive Sentiment: Investor’s Business Daily (IBD) upgraded PayPay’s rating for improved price strength — a technical recognition that can attract momentum and retail traders. Read More.
• Positive Sentiment: Media/analysis coverage noted the share jump (articles explaining a ~5% intraday move), which can create follow‑on buying from momentum traders and algorithms. Read More.
• Neutral Sentiment: A broad set of firms (Morgan Stanley, Deutsche Bank, Benchmark, Mizuho, Wolfe Research, Cantor Fitzgerald, Citi, Jefferies and others) initiated coverage on PAYP over the same 24‑hour period. New coverage increases analyst attention and liquidity, but the impact will hinge on each shop’s specific ratings and price targets (not all initiations were accompanied by detailed PTs in initial reports). Read More. Read More. Read More. Read More. Read More. Read More. Read More. Read More.

About PayPay

As Japan’s leading financial technology company, we are dedicated to our goal of becoming a digital finance platform for all. We strive to empower the everyday lives of users and businesses by transforming their smartphones into a comprehensive, easy-to-use, and accessible financial platform that centralizes and simplifies numerous daily activities for ultimate convenience. Through a seamless ecosystem of payment, financial and everyday services, we have served as a game-changer in driving the shift to a cashless and digitally empowered economy.