Key Highlights:
- PayPal launches a rewards program offering 3.7% annual returns for its stablecoin holders.
- Analyst predictions suggest significant upside potential for PYPL stock.
- GuruFocus estimates show a notable disparity between current stock price and fair value.
PayPal's New Rewards Program for Stablecoin Users
PayPal Holdings Inc. (PYPL, Financial) is gearing up to offer an enticing 3.7% annual reward to U.S. PayPal and Venmo users who hold its stablecoin, PYUSD. This program is expected to launch this summer, with rewards being accumulated on a daily basis and paid out monthly. Users will have the flexibility to utilize these rewards for various transactions, including fiat exchanges and cross-border payments.
Wall Street Analysts' Forecasts for PayPal
According to 38 analysts' one-year price targets, PayPal Holdings Inc. (PYPL, Financial) has an average target price of $85.29. The projections range from a high estimate of $125.00 to a low of $49.00. This average target presents a compelling upside of 35.96% from the current trading price of $62.73. Investors can explore more detailed estimate data on the PayPal Holdings Inc (PYPL) Forecast page.
Brokerage Recommendations
The consensus among 47 brokerage firms places PayPal Holdings Inc (PYPL, Financial) at an average recommendation of 2.4, translating to an "Outperform" status. On this rating scale, a 1 signifies a Strong Buy, while a 5 indicates a Sell.
GuruFocus Valuation Insights
According to GuruFocus estimates, the projected GF Value for PayPal Holdings Inc (PYPL, Financial) in one year stands at $95.36, indicating a potential upside of 52.02% from the current price of $62.73. GF Value represents GuruFocus's assessment of the stock's fair market value, derived from historical trading multiples, past business growth, and future performance estimates. More comprehensive data is accessible on the PayPal Holdings Inc (PYPL) Summary page.
