Equities researchers at Cantor Fitzgerald initiated coverage on shares of PayPay (NASDAQ:PAYP – Get Free Report) in a research report issued to clients and investors on Monday. The firm set an “overweight” rating and a $25.00 price target on the fintech company’s stock. Cantor Fitzgerald’s target price suggests a potential upside of 18.93% from the stock’s current price.
A number of other research firms also recently weighed in on PAYP. Wolfe Research initiated coverage on PayPay in a report on Monday. They set an “outperform” rating and a $26.00 target price for the company. Morgan Stanley assumed coverage on shares of PayPay in a research report on Monday. They set an “equal weight” rating and a $24.00 price target on the stock. Wall Street Zen upgraded shares of PayPay to a “hold” rating in a research note on Saturday, March 21st. Citigroup assumed coverage on shares of PayPay in a report on Monday. They issued a “neutral” rating and a $23.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of PayPay in a report on Monday. They set a “hold” rating and a $20.00 target price on the stock. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $25.44.
Read Our Latest Stock Report on PAYP
PayPay Stock Performance
PayPay (NASDAQ:PAYP – Get Free Report) last released its quarterly earnings results on Thursday, February 12th. The fintech company reported $0.18 earnings per share (EPS) for the quarter. The firm had revenue of $636.46 million during the quarter.
PayPay News Roundup
Here are the key news stories impacting PayPay this week:
- Positive Sentiment: Bank of America started coverage with a “Buy” rating and a $26.00 price target (≈24% upside), highlighting upside relative to current levels. Benzinga
- Positive Sentiment: Benchmark initiated coverage with a “Buy” and a $31.00 target (≈48% upside), the most bullish call among the group and a strong catalyst for investor interest. Benzinga
- Positive Sentiment: Mizuho began coverage with an “Outperform” rating and a $26.00 target (≈24% upside), reinforcing the buy-side narrative. Benzinga TickerReport
- Neutral Sentiment: Morgan Stanley initiated coverage at “Equal Weight” with a $24.00 target (≈14% upside), a more conservative view that may limit near‑term upside expectations. Benzinga
About PayPay
As Japan’s leading financial technology company, we are dedicated to our goal of becoming a digital finance platform for all. We strive to empower the everyday lives of users and businesses by transforming their smartphones into a comprehensive, easy-to-use, and accessible financial platform that centralizes and simplifies numerous daily activities for ultimate convenience. Through a seamless ecosystem of payment, financial and everyday services, we have served as a game-changer in driving the shift to a cashless and digitally empowered economy.
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