- PayPal collaborates with Coinbase to boost USD stablecoin usage, offering fee-free PYUSD trading.
- Wall Street analysts see a potential 29.81% upside in PayPal stock over the next year.
- GuruFocus estimates suggest a significant 45.9% upside based on GF Value projections.
PayPal Holdings Inc (PYPL, Financial) is stepping up its game in the world of decentralized finance by enhancing its partnership with Coinbase. This strategic alliance is focused on promoting PayPal's USD stablecoin, PYUSD, allowing Coinbase users to trade PYUSD without any fees. This initiative aims to strengthen the stablecoin's role and utility in decentralized finance, offering investors a unique opportunity to engage with digital currencies more seamlessly.
Wall Street Price Targets and Insights
Wall Street's perspective on PayPal (PYPL, Financial) reveals an optimistic outlook. According to one-year price targets from 38 analysts, the average target price is set at $84.82. With high and low estimates ranging from $125.00 to $49.00, investors can expect a potential upside of 29.81% from the current share price of $65.34. For more in-depth analysis and estimates, explore the PayPal Holdings Inc (PYPL) Forecast page.
Analyst Recommendations
The consensus among 47 brokerage firms places PayPal in a favorable position, denoted by an average recommendation score of 2.4. This score suggests an "Outperform" status on a scale from 1 to 5, where 1 is Strong Buy and 5 is Sell. This indicates a positive sentiment among analysts regarding PayPal's future performance and strategic initiatives.
GuruFocus Valuation Metrics
For investors seeking deeper insights, the GF Value estimation by GuruFocus projects a robust upside for PayPal, estimating a fair value of $95.33 within the next year. This represents a 45.9% increase from the current trading price of $65.34. The GF Value is a comprehensive measure, calculated based on PayPal's historical trading multiples, historical business growth, and future business performance forecasts. To explore more detailed metrics, visit the PayPal Holdings Inc (PYPL, Financial) Summary page.
