Speaker 1: Taypal stock today is trading around sixty seven United States
Speaker 1: dollars and seventy five cents, noticeably below its late July
Speaker 1: peak near seventy eight United States dollars and well under
Speaker 1: its January high of nearly ninety United States dollars. The
Speaker 1: current trading volume is trending higher than the average, with
Speaker 1: over sixteen million shares traded recently, compared to an average
Speaker 1: daily volume of a little over ten million, reflecting heightened
Speaker 1: market activity following its earnings release. PayPal's second quarter results,
Speaker 1: reported at the end of last month showed sales of
Speaker 1: approximately eight point three billion United States dollars and met
Speaker 1: income of about one point three billion United States dollars. Impressively,
Speaker 1: earnings per share came in at one dollar and forty cents,
Speaker 1: beating analyst expectations by about eight percent and improving over
Speaker 1: last year's results. Despite this positive earning surprise, PayPal's free
Speaker 1: cash flow in the second quarter fell by over forty
Speaker 1: percent to about six hundred fifty million United States dollars.
Speaker 1: Management attributed this decrease to temporary working capital effects and
Speaker 1: reaffirmed full year free cash flow guidance in the range
Speaker 1: of six to seven billion United States dollars, indicating confidence
Speaker 1: about cast generation normalizing later this year. Analyst's sentiment remains
Speaker 1: optimistic overall, with most experts maintaining a by rating and
Speaker 1: a consensus twelve month price target near eighty three United
Speaker 1: States dollars, which would represent an increase of about twenty
Speaker 1: three percent from current levels. There have also been modest
Speaker 1: upward revisions and earnings forecasts for both this year and next,
Speaker 1: suggesting growing confidence in PayPal's earnings outlook, even as the
Speaker 1: company faces stiff competition and digital payments. In recent company
Speaker 1: specific news, PayPal has moved ahead with innovation by enabling
Speaker 1: United States merchants to accept over one hundred cryptocurrencies, a
Speaker 1: move that may help expand its relevance as payment methods
Speaker 1: continue to diversify. However, the financial community remains watchful about
Speaker 1: PayPal's ability to restore higher free cash flow growth and
Speaker 1: sustain earning's momentum after a year of margin pressures. While
Speaker 1: the stock has fallen recently after earnings, the combination of
Speaker 1: strong brand, renewed innovation, and an attractive valuation continues to
Speaker 1: attract attention from long term investors looking for opportunity in
Speaker 1: the beaten down payment sector,