In the world of digital payments,
PayPal Holdings (PYPL) stands as a widely discussed contender. Analysts have shifted towards a positive perception of the stock, highlighting upside potential, surging growth, and a strong balance sheet as key reasons. However, the stock has also witnessed a decline due to
European troubles and tariff hits. For instance, it witnessed a
6.58% decrease on
April 10. Contrary to this, some investment firms, such as
Quinn Opportunity Partners LLC and
Scotia Capital Inc., are growing their stake in the company. Notably, PayPal's increasing footprint in cryptocurrency could also contribute beneficially to the stock. However, the company did face a dip in investors' confidence meriting selling of the stock. PayPal joined forces with
Checkbook to improve seamless payments via its platform and Venmo. Despite these, the stock still underperformed the financial sector. Experiences by renowned players like
Jim Cramer suggest high potential growth rates in the company, although other views were bearish about the company’s long term prospects.
Paypal Holdings PYPL News Analytics from Wed, 16 Oct 2024 07:00:00 GMT to Sat, 12 Apr 2025 12:14:33 GMT -
Rating 4
- Innovation 6
- Information 8
- Rumor -4
