PayPal (PYPL) Stock Forecast 2023
PayPal Stock Forecast: Latest Price
Paypal Stock Performance, Last 12 Months
- Last 1 Month: -10.3%
- Last 3 Months: -17.3%
- Last 12 Months: -12.3%
PayPal Stock Forecast 2023: Quarterly Result
Q1 of 2023 Result
- In the first quarter of 2023, the revenues of Paypal rose by 9% year-over-year to $7.04 billion.
- The company reported an operating cash flow of $1.2 billion and a free cash flow of $1.0 billion.
- Adjusted earnings were $1.17 per share compared to $0.88 per share in the same period of last year.
- Net profit was $795 million or $0.70 per share.
Last 4 Quarters Result
| (USD) | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 |
| Revenue | 7.04B | 7.38B | 6.85B | 6.81B |
| Net income | 795M | 921M | 1.33B | -341M |
| Diluted EPS | 0.7 | 0.8 | 1.15 | -0.29 |
| Net profit margin | 11.29% | 12.47% | 19.43% | -5.01% |
| Operating income | 1.16B | 1.27B | 1.17B | 854M |
| Net change in cash | -1.46B | 2.43B | 40M | -1.16B |
| Cash on hand | – | – | – | – |
| Cost of revenue | 4.21B | 4.25B | 3.86B | 4.03B |
PAYPAL Stock Forecast: 12 Months Target
| Average Target | $100.6 |
| Truist Securities | $95 |
| Piper Sandler | $85 |
| Barclays | $108 |
| Mizuho | $105 |
| DA Davidson | $110 |
Paypal Latest News
Paypal shifts to AI to cut costs
PayPal (PYPL) is the most recent company to employ the new technology to entice investors during an earnings season when every business seems to need an AI strategy. PayPal claims that the corporation will be able to operate more effectively going forward due to the changing A.I. scenario.
On the company’s earnings call, PayPal CEO Dan Schulman stated, “We expect A.I. will enable us to meaningfully lower our costs for years to come.” The combination of our special size and data sets with artificial intelligence, in their words, “will drive not only efficiencies but also a differentiated and unique set of value propositions for our merchants and consumers,” they continue.
Paypal Stock Price Prediction for next 5 Years (Aggregated)
- Paypal Stock Price Prediction 2023 is $86.4
- Paypal Stock Price Prediction 2024 is $115
- Paypal Stock Price Prediction 2025 is $162
- Paypal Stock Price Prediction 2026 is $206
- Paypal Stock Price Prediction 2027 is $225
Performance on the last Trading Day
- Open Price: $63.38
- Close Price: $64.18
- Gain/Loss: +1.26%
- Overall Market Cap: $73.95B
Paypal stock was recently rejected below $76 and the stock went close to falling below $60. The reason behind the fall was the Q1 result of Paypal. The revenue of Paypal fell WRT to the Q4 of 2022 and even the earnings reported was lower compared to the Q4 of 2022.
On the chart above, Paypal stock is once again on the uptrend. On the last trend, Paypal closed around 1% higher. The buyers are once again trying to reverse the overall bearish momentum.
The latest pullback led to the Paypal stock price falling below both the 50-day as well as the 200-day moving averages. The 50-day MA for Paypal is $73.32 and the 200-day MA is $75.99. Paypal is below the 50-day as well as the 200-day MA which means the stock is within the bearish range.
For the next trading day, the support for Paypal is $67.85 and on the upside, the resistance is $76. However, the 50-day MA could also act as a critical resistance to the Paypal stock. Buyers will need to push the Paypal stock above the 50-day which will lead to more buyers entering the market.
Technically Paypal is marginally bullish for the next 24 hours.
The RSI for Paypal is 29.96. It suggest that the stock is oversold and due for reversal.
Paypal Stock Forecast Today: Buy or Sell
| Overall Outlook | Partially Bearish |
| 1. Market's Wisdom | Bearish |
| 1a. Market Data | Bearish |
| 1b. Technical Recommendation | Neutral |
| 2. Crowd's Wisdom | Partially Bearish |
| 2a. Social Media Buzz | Steady |
| 2b. Social Media Sentiment | Neutral |
Latest Video
Paypal Stock Bull Case
Growing demand for digital payments: The trend towards digital payments has accelerated in recent years, and PayPal is well-positioned to benefit from this trend. As more consumers and merchants shift towards digital payments, PayPal’s user base and transaction volumes are likely to continue growing.
Expansion into new markets: PayPal has been expanding into new markets, both geographically and in terms of new industries. For example, the company has made significant inroads into the cryptocurrency space, which could provide new growth opportunities.
Strong brand recognition: PayPal is one of the most recognized and trusted digital payment brands globally. This provides a significant competitive advantage as consumers and merchants are more likely to choose a familiar and established payment provider.
Diversification of revenue streams: PayPal has been diversifying its revenue streams beyond its core payment processing business. For example, the company has been offering additional financial services like credit, which could provide additional revenue streams.
Strong financial performance: PayPal has a track record of strong financial performance, with consistently growing revenues and earnings. This financial strength provides the company with the resources to continue investing in growth opportunities.
Paypal Stock Bear Case
Increased competition: PayPal operates in a highly competitive space, and there are several other digital payment providers that are vying for market share. Increased competition could put pressure on PayPal’s margins and make it harder for the company to attract new users.
Regulatory risks: As a financial services company, PayPal is subject to a range of regulations and compliance requirements. Changes in regulations, or failure to comply with existing regulations, could result in fines or other penalties that could negatively impact the company’s financial performance.
Cybersecurity risks: PayPal processes a large volume of financial transactions, making it a potential target for cyberattacks. Any security breaches could damage PayPal’s reputation and erode consumer trust.
Dependence on eBay: PayPal was originally a subsidiary of eBay and still relies heavily on eBay transactions for a significant portion of its revenue. Any decline in eBay’s business could negatively impact PayPal’s financial performance.
Valuation: Finally, some investors may be concerned about PayPal’s valuation. The company’s stock price has risen significantly in recent years, and some analysts may believe that the stock is overvalued.
Paypal Social Media Mentions and Sentiment
Social Media Mention
| Metric | Trend |
|---|---|
| Social Mentions | Steady |
Social Media Sentiment
| Metric | Last 24 Hours | Trend |
|---|---|---|
| Net Social Media Sentiment | 0 | Neutral |
Also Read: Tesla Stock Forecast
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Index or Individual Stocks. Please consult a registered investment advisor to guide you on your financial decisions.