Seaport Res Ptn Has Optimistic Outlook of PayPal Q3 Earnings

PayPal Holdings, Inc. (NASDAQ:PYPLFree Report) – Investment analysts at Seaport Res Ptn boosted their Q3 2026 earnings estimates for PayPal in a research note issued on Tuesday, July 29th. Seaport Res Ptn analyst J. Cantwell now forecasts that the credit services provider will post earnings per share of $1.43 for the quarter, up from their prior estimate of $1.40. Seaport Res Ptn has a “Hold” rating on the stock. The consensus estimate for PayPal’s current full-year earnings is $5.03 per share.

PayPal (NASDAQ:PYPLGet Free Report) last issued its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.10. PayPal had a net margin of 14.49% and a return on equity of 25.35%. The company had revenue of $8.29 billion during the quarter, compared to analysts’ expectations of $8.08 billion. During the same period last year, the company posted $1.19 earnings per share.

PYPL has been the topic of several other reports. JMP Securities lowered their price target on shares of PayPal from $110.00 to $100.00 and set a “market outperform” rating on the stock in a research report on Wednesday. Morgan Stanley reiterated a “positive” rating on shares of PayPal in a research report on Wednesday. Wells Fargo & Company lowered their price target on shares of PayPal from $80.00 to $74.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 16th. Monness Crespi & Hardt lowered their price target on shares of PayPal from $120.00 to $90.00 and set a “buy” rating on the stock in a research report on Tuesday, April 8th. Finally, Truist Financial initiated coverage on shares of PayPal in a research report on Monday, June 2nd. They issued a “sell” rating and a $68.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, PayPal has an average rating of “Moderate Buy” and an average price target of $84.57.

Check Out Our Latest Stock Analysis on PYPL

PayPal Trading Down 2.4%

Shares of PayPal stock opened at $67.11 on Friday. The company has a 50-day moving average of $73.14 and a two-hundred day moving average of $72.41. The stock has a market cap of $64.12 billion, a PE ratio of 14.34, a price-to-earnings-growth ratio of 1.06 and a beta of 1.42. PayPal has a 12-month low of $55.85 and a 12-month high of $93.66. The company has a current ratio of 1.33, a quick ratio of 1.30 and a debt-to-equity ratio of 0.56.

Insider Activity at PayPal

In other PayPal news, Director Deborah M. Messemer sold 3,795 shares of PayPal stock in a transaction on Friday, June 6th. The shares were sold at an average price of $73.00, for a total value of $277,035.00. Following the transaction, the director owned 13,976 shares in the company, valued at $1,020,248. This trade represents a 21.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Diego Scotti sold 3,839 shares of the firm’s stock in a transaction on Friday, June 6th. The shares were sold at an average price of $73.24, for a total transaction of $281,168.36. Following the completion of the transaction, the executive vice president directly owned 16,989 shares in the company, valued at approximately $1,244,274.36. This represents a 18.43% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 22,736 shares of company stock worth $1,620,835 in the last 90 days. Company insiders own 0.08% of the company’s stock.

Hedge Funds Weigh In On PayPal

A number of hedge funds have recently made changes to their positions in PYPL. Brighton Jones LLC raised its stake in shares of PayPal by 15.2% in the 4th quarter. Brighton Jones LLC now owns 6,989 shares of the credit services provider’s stock valued at $596,000 after acquiring an additional 924 shares during the period. Revolve Wealth Partners LLC purchased a new position in shares of PayPal in the 4th quarter valued at $248,000. CIBC Private Wealth Group LLC raised its stake in shares of PayPal by 6.0% in the 4th quarter. CIBC Private Wealth Group LLC now owns 34,181 shares of the credit services provider’s stock valued at $3,006,000 after acquiring an additional 1,944 shares during the period. Summit Financial LLC raised its stake in shares of PayPal by 16.5% in the 4th quarter. Summit Financial LLC now owns 10,532 shares of the credit services provider’s stock valued at $899,000 after acquiring an additional 1,494 shares during the period. Finally, Meeder Advisory Services Inc. raised its stake in shares of PayPal by 3.0% in the 4th quarter. Meeder Advisory Services Inc. now owns 12,460 shares of the credit services provider’s stock valued at $1,063,000 after acquiring an additional 360 shares during the period. Hedge funds and other institutional investors own 68.32% of the company’s stock.

PayPal Company Profile

(Get Free Report)

PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.

Read More

Earnings History and Estimates for PayPal (NASDAQ:PYPL)

Receive News & Ratings for PayPal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PayPal and related companies with MarketBeat.com's FREE daily email newsletter.