Speaker 1: PayPal stock ticker PayPal is trading at about sixty one
Speaker 1: United States dollars and sixty nine cents per share, according
Speaker 1: to Investing dot Com and nasdak, which both list the
Speaker 1: latest close at sixty one point sixty nine United States dollars.
Speaker 1: Investing dot Com notes that this price leaves analysts seeing
Speaker 1: roughly nineteen percent upside based on their average target, but
Speaker 1: that optimism is facing real pressure on trading activity. Stockanalysis
Speaker 1: dot Com reports that PayPal traded a little over fourteen
Speaker 1: million shares in the most recent session versus an average
Speaker 1: daily volume of about fifteen and a half million shares,
Speaker 1: so activity is slightly below normal but still very robust.
Speaker 1: Robinhood reports a similar typical average, reinforcing that this is
Speaker 1: a heavily traded large capitalization financial technology stock. Recent newsflow
Speaker 1: has turned decidedly cautious. Market Screener and Investing dot Com
Speaker 1: report that research firm baired has just downgraded PayPal from
Speaker 1: outperformed to neutral and cut its price target from eighty
Speaker 1: three to sixty six United States dollars, citing uneven transaction
Speaker 1: volumes and concerns about growth durability. Market Screener and MT
Speaker 1: Newswires also highlight a downgrade from Bank of America Securities,
Speaker 1: which moved PayPal from buy to neutral and slashed its
Speaker 1: target from ninety three to sixty eight United States dollars,
Speaker 1: pointing to slower than expected progress in revitalizing the branded
Speaker 1: checkout business. Compasspoint, according to Investing dot Com, has lowered
Speaker 1: its target to fifty six United States dollars with a
Speaker 1: cell rating, while Wells Fargo and Evercore Isi troomed their
Speaker 1: targets into the mid sixties and kept more cautious neutral
Speaker 1: style ratings. At the same time, broader analyst consensus still
Speaker 1: sees upside but not a runaway story. Market Beat and
Speaker 1: stockanalysis dot Com both characterized the overall Wall Street stands
Speaker 1: as a hold, with average twelvemonth price targets clustered around
Speaker 1: the low eighties United States dollars, implying roughly twenty to
Speaker 1: thirty percent potential appreciation from the low sixties, but with
Speaker 1: rising concern that PayPal's core branded checkout is stagnating even
Speaker 1: as it invests in new initiatives like a gentic commerce
Speaker 1: and continues to lean on Venmo and buy Now, Pay Later,
Speaker 1: so PayPal to day sits in a tense middle ground,
Speaker 1: a historically cheap valuation, and still meaningful analyst upside, weighed
Speaker 1: down by a drum beat of downgrades in target cuts
Speaker 1: that underscore how much it still has to prove to
Speaker 1: win back growth stock status. Thank you for tuning in
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