Posted 9/18/2023, 2:43:46 PM

PayPal Stock Downgraded and Seen Facing Growth Struggles From New CEO and Competition

MoffettNathanson downgraded PayPal stock to hold, cutting price target to $75 from $85.
Analysts forecast "lackluster" growth under incoming CEO Alex Chriss.
Cramer agrees investors should avoid newer fintech names like PayPal.
PayPal faces competition from Apple Pay and other services.
PayPal stock down 11.5% YTD, while Visa and Mastercard are up 17-19%.

cnbc.com

Relevant topic timeline:

8/7/2023

PayPal: Don't Be Too Short-Sighted (NASDAQ:PYPL)

The article mentions PayPal (NASDAQ:PYPL) stock. The author's suggestion is to buy PayPal stock as they believe it is a high-quality business capable of consistent growth. The author highlights that while PayPal's growth has slowed down, its earnings per share (EPS) is growing at double digits, total payment volume (TPV) growth is accelerating, unbranded processing is gaining traction, operating margins are expanding, and the company is aggressively buying back shares. The author also discusses the main takeaways from PayPal's Q2 results, including revenue growth, TPV growth, declining take rates, and declining active accounts. The author analyzes PayPal's profitability, financial health, and valuation. The author concludes that PayPal is trading at a large margin of safety and has the potential for significant upside.

8/23/2023

Don't Let The Market Blind You: PayPal Is A Steal (NASDAQ:PYPL)

PayPal's stock has been struggling, but the author believes that the company is still in a favorable environment, with healthy metrics and valuations, and has the potential for future growth, particularly through its Venmo platform.

8/25/2023

The PayPal Opportunity (Part 2) (NASDAQ:PYPL)

This article mentions the stock of PayPal (PYPL). The author's recommendation is to buy PayPal stock. The author's core argument is that PayPal is undervalued and has strong growth prospects. The key information and data provided include PayPal's historical stock performance, its acquisitions, the management team, its free cash flow, its competition in the buy now, pay later (BNPL) market, recent financial results, and industry comparisons.

9/18/2023

PayPal Sinks on Downgrade Ahead of CEO Change While DoorDash, Micron Surge on Upgrades

PayPal's shares fell after being downgraded by MoffettNathanson ahead of the upcoming CEO transition, while DoorDash's shares rose after being upgraded by Mizuho Securities based on strong market share and consumer spending on food. Micron Technology also experienced a stock gain after Deutsche Bank upgraded the company, citing potential for beating first-quarter expectations, and Arm Holdings' shares declined as it works to establish its position in the market.

9/20/2023

Block and PayPal Plummet 80% From Highs Despite Strong Businesses; New Leadership and Growth Could Spark Rebound

Investors should consider buying undervalued fintech stocks like Block and PayPal, which have experienced significant drops in their stock prices but have strong potential for revenue growth and increased profitability in the long term.