PayPay (NASDAQ:PAYP) Now Covered by Analysts at The Goldman Sachs Group

Research analysts at The Goldman Sachs Group started coverage on shares of PayPay (NASDAQ:PAYP) in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm set a “buy” rating and a $29.00 price target on the fintech company’s stock. The Goldman Sachs Group’s target price would suggest a potential upside of 53.93% from the stock’s previous close.

Several other analysts have also recently commented on the stock. Jefferies Financial Group initiated coverage on shares of PayPay in a research note on Monday. They issued a “buy” rating and a $28.00 target price for the company. Morgan Stanley started coverage on shares of PayPay in a research note on Monday. They issued an “equal weight” rating and a $24.00 target price for the company. Bank of America started coverage on shares of PayPay in a report on Monday. They issued a “buy” rating and a $26.00 price target for the company. Mizuho started coverage on shares of PayPay in a report on Monday. They issued an “outperform” rating and a $26.00 price target for the company. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of PayPay in a report on Monday. They issued a “hold” rating and a $20.00 price target for the company. Seven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $25.80.

PayPay Trading Down 10.4%

PAYP stock opened at $18.84 on Tuesday. PayPay has a one year low of $17.00 and a one year high of $24.89.

PayPay (NASDAQ:PAYP) last released its earnings results on Thursday, February 12th. The fintech company reported $0.18 EPS for the quarter. The firm had revenue of $636.46 million during the quarter.

Key Headlines Impacting PayPay

Here are the key news stories impacting PayPay this week:

• Positive Sentiment: Jefferies initiated coverage with a “Buy” and $28 price target (about +49% upside). Analysts cite PayPay’s addressable market in Japan and growth runway. Jefferies Initiation
• Positive Sentiment: Benchmark started coverage with a “Buy” and a $31 price target (~+65% upside), one of the most aggressive bull cases among initiations. Benchmark Note
• Positive Sentiment: Bank of America initiated at “Buy” with a $26 target (~+38% upside), echoing upbeat views on PayPay’s user monetization and cashless penetration in Japan. BofA Coverage
• Positive Sentiment: Wolfe Research initiated at “Outperform” with a $26 target (~+38% upside), joining the consensus that PayPay can sustain above‑market growth. Wolfe Research
• Positive Sentiment: Mizuho and Cantor Fitzgerald added coverage (Mizuho “Outperform” $26; Cantor “Overweight” $25), reinforcing bullish signals from the sell‑side cohort. Mizuho / Cantor Notes
• Positive Sentiment: Media coverage emphasizes the thematic upside: Investing.com reports fresh buy ratings tied to Japan’s cashless opportunity. Investing.com Article
• Positive Sentiment: MSN syndication highlights analyst expectations that PayPay can generate “outsized earnings growth” over the next 5–10 years, underpinning the bullish initiatives. MSN Article
• Neutral Sentiment: Morgan Stanley started coverage at “Equal Weight” with a $24 target (~+27% upside), a more moderate stance within the initiation cohort. Morgan Stanley Note
• Neutral Sentiment: Citigroup initiated with a “Neutral” rating and $23 price target (~+22% upside), reflecting cautious optimism but a less decisive buy signal. Citigroup Coverage
• Neutral Sentiment: Deutsche Bank gave a “Hold” with a $20 target (~+6% upside), the most conservative initiation among the group. Deutsche Bank Note

PayPay Company Profile

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.