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Investing.com - Citizens JMP analyst lowered the price target on PayPal (NASDAQ:PYPL) to $100.00 from $110.00 on Wednesday, while maintaining a Market Outperform rating on the stock. The new target still represents significant upside from PayPal’s current price of $71.45, with analyst targets ranging from $62 to $120.
The price target reduction comes as Citizens JMP acknowledges the competitive pressure PayPal faces from digital wallets and the investments the company is making to grow consumer adoption of its service.
Despite the lower target, Citizens JMP remains positive on PayPal’s relatively new management team, which it believes is improving both consumer and merchant experiences through better data utilization and new features like Fastlane and ad products.
The firm noted that PayPal shares currently trade at approximately 11.9 times earnings while the company continues to repurchase shares.
Citizens JMP concluded that the risk/reward profile for PayPal remains positive despite the price target reduction, supporting its decision to maintain the Market Outperform rating.
In other recent news, PayPal Holdings Inc . announced its financial results for the second quarter of 2025, exceeding Wall Street expectations in both earnings per share (EPS) and revenue. The company also raised its full-year guidance, anticipating further growth in transaction margin dollars and non-GAAP EPS. Despite these positive developments, PayPal’s stock experienced a decline in pre-market trading. These recent updates highlight PayPal’s performance and outlook, which are of interest to investors and analysts alike.
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