UBS Group reduced their target price on PayPal from $143.00 to $136.00 and set a “buy” rating on the stock in a report on Wednesday, August 3rd. Wells Fargo & Company decreased their price target on PayPal from $123.00 to $120.00 and set an “overweight” rating on the stock in a report on Thursday.

Truist Financial raised their price target on PayPal from $80.00 to $108.00 and gave the company a “hold” rating in a report on Wednesday, August 3rd. JMP Securities raised their price target on PayPal from $100.00 to $120.00 and gave the company a “market outperform” rating in a report on Wednesday, August 3rd. PYPL has been the topic of several recent research reports. 70.67% of the stock is currently owned by institutional investors and hedge funds. Catalyst Capital Advisors LLC now owns 20,455 shares of the credit services provider’s stock valued at $3,858,000 after acquiring an additional 12,249 shares during the last quarter. Finally, Catalyst Capital Advisors LLC boosted its holdings in PayPal by 149.3% in the fourth quarter. BRYN MAWR TRUST Co now owns 7,670 shares of the credit services provider’s stock valued at $1,447,000 after acquiring an additional 1,000 shares during the last quarter. BRYN MAWR TRUST Co boosted its holdings in PayPal by 15.0% in the fourth quarter. Regal Investment Advisors LLC now owns 4,752 shares of the credit services provider’s stock valued at $896,000 after acquiring an additional 883 shares during the last quarter. Regal Investment Advisors LLC boosted its holdings in PayPal by 22.8% in the fourth quarter. Qube Research & Technologies Ltd now owns 49,692 shares of the credit services provider’s stock valued at $9,371,000 after acquiring an additional 30,196 shares during the last quarter. Qube Research & Technologies Ltd boosted its holdings in PayPal by 154.9% in the fourth quarter. abrdn plc now owns 1,384,830 shares of the credit services provider’s stock valued at $261,151,000 after buying an additional 121,024 shares in the last quarter. abrdn plc increased its stake in shares of PayPal by 9.6% in the fourth quarter. Personal Capital Advisors Corp’s holdings in PayPal were worth $48,430,000 at the end of the most recent reporting period.Ī number of other hedge funds and other institutional investors also recently made changes to their positions in PYPL. The institutional investor owned 418,762 shares of the credit services provider’s stock after buying an additional 112,786 shares during the quarter. ( NASDAQ:PYPL – Get Rating) by 36.9% in the first quarter, reports. peers in our view,' they wrote.Personal Capital Advisors Corp grew its holdings in PayPal Holdings, Inc. 'While PayPal is actively investing and evolving, it simply has more turf to defend vs. 'We believe Square's pending acquisition of Afterpay is game changing and accelerates its efforts towards becoming a dominant payments ecosystem in the U.S.,' the analysts wrote, noting that PayPal faces competitive risks as Square moves online and further competes against PayPal with Cash App.

The analysts are further concerned that PayPal is 'under siege by a thousand cuts' from other payment solutions ranging from Apple Pay and Square to buy now, pay later options from Affirm and Klarna, which are growing between 50% and 100% annually, the analysts wrote. Likewise, Amazon is set to begin accepting PayPal's Venmo as an alternative payment in 2022, but Bernstein believes Venmo is currently 'severely under-monetized.' Shopify is 'emerging as an unassailable competitor' in PayPal's core small and medium-sized business market, the analysts said, and poses a further risk as it launches its own payments platform. being a disruptor.'īernstein analysts are concerned about the rising concentration of e-commerce around big platforms like Shopify and Amazon, which account for 32% of the U.S. 'That said, we believe change is accelerating, and PayPal now risks getting disrupted vs. 'PayPal's positioning as a leading digital wallet in an increasingly digital world is hard not to acknowledge (one of the reasons we upgraded the stock 2yrs ago),' the analysts wrote.

Paypal stock price