Key Highlights
- PayPal Holdings extends its crypto services to include Chainlink and Solana on PayPal and Venmo platforms.
- Analysts project a 56.45% potential upside for PayPal, with a one-year price target averaging $92.71.
- GuruFocus estimates suggest a 61.76% upside from the current price with a one-year GF Value of $95.86.
PayPal Holdings (PYPL, Financial), a leader in digital payments, has expanded its cryptocurrency offerings by integrating Chainlink and Solana across its PayPal and Venmo platforms. This strategic move, made public last Friday, enhances PayPal's cryptocurrency ecosystem by enabling users to buy, hold, sell, and transfer these cryptocurrencies seamlessly.
Despite this noteworthy enhancement to its service offerings, PayPal's stock experienced a pre-market dip of 3.73%, bringing the trading price to $59.41.
In-Depth Analyst Forecasts
According to forecasts from 35 Wall Street analysts, PayPal Holdings Inc (PYPL, Financial) appears to have significant potential for growth. The average one-year price target stands at $92.71, with some estimates reaching as high as $125.00 and others as low as $70.00. If the stock were to reach the average target price, investors could see an upside of 56.45% from the current trading price of $59.26. Detailed forecasts are available on the PayPal Holdings Inc (PYPL) Forecast page.
Consensus from 45 brokerage firms places PayPal Holdings Inc's (PYPL, Financial) average recommendation at 2.3, categorizing the stock as "Outperform." This scale evaluates the company's potential from 1 (Strong Buy) to 5 (Sell), indicating positive expectations for PYPL.
Evaluating PayPal's Intrinsic Value
GuruFocus provides a unique insight into PayPal's valuation with its estimated GF Value, set at $95.86 over the coming year. This estimation suggests an upside of 61.76% from its current price of $59.26. The GF Value reflects the fair trading value of the stock, calculated from historical trading multiples, past business growth, and forward-looking performance metrics. For a more comprehensive analysis, visit the PayPal Holdings Inc (PYPL, Financial) Summary page.
