![]() ![]() "Some people, believe it or not, even went back to cash. ![]() "As the lockdowns subsided, people went back to in-person spending," explained Gabriele. Since then, the growth has largely slowed down, remaining under 15% the past two years. The 39 analysts offering 12-month price forecasts for PayPal Holdings Inc have a median target of 89.00, with a high estimate of 160.00. The Score for PYPL is 56, which is 12 above its historic median score of 50, and infers lower. "A lot of investors and PayPal themselves thought that the e-commerce growth was going to continue to grow at really significant levels," said Dominick Gabriele, an executive director and senior analyst at Oppenheimer & Co.Īt the height of the pandemic, e-commerce sales accounted for 16.4% of total retail sales in the U.S. The current PayPal Holdings PYPL share price is 73.69. This is on the back of its Q3 earnings that resulted in PayPal stock now trading at a. Within just a year, it would lose all the gains it had made amid the pandemic through a series of disappointing earnings reports. The PayPal ( NASDAQ: PYPL) share price is now trading below 70 and has hit a five-year low. ![]() The stock is now down nearly 70 from its 52-week highs. "That traditional retail volume moved to venues and forums where PayPal was prominently displayed and in turn led to outsized growth from a volume perspective over that year and a half," said Andrew Bauch, a senior equity research analyst at Sumitomo Mitsui Banking Corp.īut as pandemic restrictions began to ease, PayPal's stock growth started to fall off. PayPal (PYPL 1.88) investors have had a rough go of it lately, and Wednesday wasnt any better, with the stock down 6.7 as of 1:43 p.m. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |