PayPal Holdings Inc. ($PYPL) Stock Forecast: Down 5.7% Today

What is PayPal Holdings Inc.?

PayPal Holdings Inc. (NASDAQ: PYPL) is a leading technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide.

Why is PayPal Holdings Inc. going down?

PYPL stock is down 5.7% on Dec 18, 2024 20:50

• The bearish movement in PYPL stock today could be attributed to:
• Options market activity showing a bearish stance by investors with significant capital.
• Despite recent upgrades by top Wall Street analysts, the stock experienced a larger decline compared to the overall market.
• The slight drop in stock price today, along with the recent overall positive performance, might have triggered profit-taking by some investors.
• Market sentiment towards tech and digital payment companies could have influenced the bearish movement in PYPL stock today.

PYPL Price Chart

PYPL Technical Analysis

PYPL News

5 Best-Performing Single-Stock ETFs of 2024

We have highlighted five single-stock ETFs that have outperformed the market in 2024.

https://www.zacks.com/stock/news/2385387/5-best-performing-single-stock-etfs-of-2024

What the Options Market Tells Us About PayPal Holdings - PayPal Holdings ( NASDAQ:PYPL )

Investors with a lot of money to spend have taken a bearish stance on PayPal Holdings PYPL. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know.

https://www.benzinga.com/insights/options/24/12/42556843/what-the-options-market-tells-us-about-paypal-holdings

This PayPal Analyst Turns Bullish; Here Are Top 5 Upgrades For Friday - Ciena ( NYSE:CIEN ) , Cardinal Health ( NYSE:CAH )

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Wolfe Research analyst Darrin Peller upgraded the rating for PayPal Holdings, Inc.

https://www.benzinga.com/24/12/42484987/this-paypal-analyst-turns-bullish-here-are-top-5-upgrades-for-friday

Paypal ( PYPL ) Registers a Bigger Fall Than the Market: Important Facts to Note

The latest trading day saw Paypal (PYPL) settling at $89.40, representing a -1.49% change from its previous close.

https://www.zacks.com/stock/news/2383055/paypal-pypl-registers-a-bigger-fall-than-the-market-important-facts-to-note

Price Over Earnings Overview: PayPal Holdings - PayPal Holdings ( NASDAQ:PYPL )

In the current market session, PayPal Holdings Inc. PYPL stock price is at $90.43, after a 0.35% drop. However, over the past month, the company's stock went up by 4.63%, and in the past year, by 46.52%.

https://www.benzinga.com/insights/news/24/12/42470831/price-over-earnings-overview-paypal-holdings

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PayPal Holdings Inc. Price History

29.07.2024 - PYPL Stock was up 5.0%

• PayPal's partnership expansion with Fiserv, Inc. to simplify the integration of PayPal services for merchant clients likely contributed to the bullish movement.
• The availability of PayPal as a payment method on Crypto.com, enabling users to link their PayPal accounts to purchase cryptocurrencies, may have attracted more investors to PYPL.
• Positive market sentiment towards fintech and payment stocks, as evidenced by bullish prospects and strong growth in the sector, could have further boosted PYPL's performance.
• The anticipation of PayPal's future earnings, following a 7.1% increase since the last earnings report, might have also driven investor confidence and contributed to the bullish market movement.

06.08.2024 - PYPL Stock was down 5.2%

• Investors might have viewed the Apple Pay integration and cashback rewards as risky, prompting profit-taking and a bearish market reaction.
• The bullish options market sentiment did not translate into buying pressure, resulting in the stock's decline.
• Concerns about Venmo growth sustainability and overall market valuation could have contributed to today's bearish movement in PYPL shares.

19.08.2024 - PYPL Stock was up 5.3%

• PayPal experienced a strong bullish movement, outperforming the overall market.
• The positive market response reflects the company's resilience in a declining market, highlighting its strength and growth potential.
• Unusual options activity on PayPal Holdings suggests that high-rolling investors are optimistic about the stock, further enhancing investor confidence in the company's future performance.
• In summary, PayPal's ability to outperform market returns and its position as a top fintech stock make it an appealing investment opportunity for those interested in growth prospects within the sector.

04.11.2024 - PYPL Stock was up 5.2%

• Today's bullish movement in PYPL is driven by high-rolling investors showing optimism through options trading data.
• PYPL has seen a 10.7% increase since its last earnings report, reflecting investor confidence in the company's performance and future outlook.
• Market sentiment towards PayPal Holdings remains positive, with emphasis on its earnings and growth potential fueling the stock's upward trend.

11.10.2024 - PYPL Stock was up 3.7%

• Detroit's decision to accept crypto for tax payments could have boosted confidence in digital payment platforms like PayPal, leading to increased investor interest.
• The news about financial giants making bearish moves on PYPL might have initially caused some uncertainty, but the subsequent reports of bullish options activity by deep-pocketed investors likely reassured the market and contributed to the bullish movement.
• Elon Musk's influence and the speculation around his potential impact on government decisions could have indirectly affected investor sentiment towards tech companies like PayPal, known for its innovative approach to digital payments.

29.09.2024 - PYPL Stock was down 5.7%

• The company reported Q3 earnings with revenue slightly below expectations, causing a dip in the stock price.
• Despite strong payment volume growth and positive CEO outlook on BNPL, the market reacted negatively to the revenue miss.
• The bearish stance taken by some significant investors, as indicated by options trading, might have added selling pressure on the stock.
• Investors seem cautious about PayPal's performance post-earnings, leading to a pullback in the stock price despite its strong fundamentals.

18.11.2024 - PYPL Stock was down 5.7%

• The bearish movement in PYPL stock today could be attributed to:
• Options market activity showing a bearish stance by investors with significant capital.
• Despite recent upgrades by top Wall Street analysts, the stock experienced a larger decline compared to the overall market.
• The slight drop in stock price today, along with the recent overall positive performance, might have triggered profit-taking by some investors.
• Market sentiment towards tech and digital payment companies could have influenced the bearish movement in PYPL stock today.

30.06.2024 - PYPL Stock was up 8.3%

• PayPal's stock surged by 9% after reporting excellent second-quarter earnings and providing an improved outlook for fiscal 2024.
• The strong Q2 results and upbeat earnings report contributed to the positive market movement.
• Investor confidence in PayPal was bolstered by the company's performance, leading to a significant increase in the stock price.
• The market reacted positively to the news, indicating that PayPal's strategic initiatives and financial performance are resonating well with investors.

30.06.2024 - PYPL Stock was up 9.3%

• PayPal raised its forecast for full-year adjusted profit for the second time, reflecting confidence in consumer spending during upcoming shopping seasons. This positive outlook likely contributed to the bullish movement in PYPL stock.
• The company's strong Q2 results and earnings report also boosted investor confidence, leading to an increase in share prices.
• Former CEO Bill Harris's comments about PayPal being a business built on strength, despite not being seen as an innovator anymore, may have reassured investors about the company's stability and long-term prospects.
• Overall, PayPal's strategic cost-cutting measures, improved margins, and positive earnings outlook have likely driven the bullish market movement in PYPL stock.

30.06.2024 - PYPL Stock was up 6.2%

• PayPal (PYPL) experienced a strong bullish movement today following its upbeat earnings report and raised guidance, showcasing strong performance in profit and sales.
• The company's decision to lift its outlook, increase stock buybacks, and exceed second-quarter expectations contributed to investor confidence and drove the stock higher.
• Analysts and investors are optimistic about PayPal's execution and future prospects, leading to a positive market response and reinforcing bullish sentiment towards the stock.
• The combination of strong financial results and market confidence in PayPal's strategic direction likely propelled the stock's impressive performance today.

02.07.2024 - PYPL Stock was down 8.1%

• Today's downward movement in PayPal's stock might be influenced by several factors:
• Market sentiment towards financial stocks could be impacting PayPal as investors shift focus from tech stocks to other sectors like financials.
• The optimistic stance in the options market towards PayPal suggests a change in sentiment, though this hasn't immediately boosted the stock price.
• Despite a positive outlook for cross-border e-commerce, including PayPal, the company's shares may be under selling pressure due to broader market trends or company-specific factors.
• Investor behavior, possibly driven by recent market developments and news concerning financial and tech stocks, could be prompting profit-taking or position adjustments, resulting in the stock's decline.

06.07.2024 - PYPL Stock was up 5.0%

• PayPal's bullish movement can be attributed to the positive developments within the company and the fintech industry as a whole.
• The hiring of former executives from PayPal and Visa by Torpago, a commercial credit card provider, may have instilled confidence in investors regarding the growth potential of fintech companies.
• The expansion of PayPal's Fastlane guest-checkout solution to U.S. businesses indicates the company's commitment to enhancing user experience and driving merchant adoption.
• The integration of PayPal USD stablecoin by GCash further strengthens PayPal's presence in the cryptocurrency space, catering to the growing demand for digital assets among consumers.