- PayPal Holdings (PYPL, Financial) secures agreements with Big Ten and Big 12 for athlete payments.
- Analysts predict a potential 11.20% upside for PayPal stock.
- GF Value estimates indicate further growth potential at 21.53% upside.
PayPal Holdings Inc. (PYPL) has strategically partnered with the Big Ten and Big 12 conferences to handle financial transactions for student-athletes on its robust platform. This move comes in response to a recent court decision endorsing revenue sharing, positioning PayPal as a key player in collegiate sports payments. Meanwhile, Venmo, PayPal's popular app, is set to enhance sports events and facilitate seamless transactions on campuses.
Wall Street Analysts Forecast
According to projections by 37 analysts, PayPal Holdings Inc (PYPL, Financial) has an average one-year target price of $81.10. The analysts' target prices span a high of $110.00 and a low of $49.00. This average target suggests a potential increase of 11.20% over the current market price of $72.93. For further insights, visit the PayPal Holdings Inc (PYPL) Forecast page.
With a consensus recommendation from 46 brokerage firms, PayPal Holdings Inc's (PYPL, Financial) stock enjoys an average brokerage recommendation of 2.4, equating to an "Outperform" status. The brokerage scale ranges from 1 for a "Strong Buy" to 5 for a "Sell."
Incorporating GuruFocus' unique metrics, the projected GF Value for PayPal Holdings Inc (PYPL, Financial) over the next year is estimated at $88.63. This indicates a promising upside of 21.53% from its current trading price of $72.93. The GF Value represents GuruFocus' calculated fair value of the stock, derived from historical trading multipliers, past business growth, and forecasted business performance. Explore more detailed analyses on the PayPal Holdings Inc (PYPL) Summary page.
