PayPal Holdings, Inc. operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide. It enables businesses of various sizes to accept payments from merchant Websites, mobile devices, and applications, as well as at offline retail locations through a range of payment solutions, including PayPal, PayPal Credit, Braintree, Venmo, and Xoom products. The company's platform allows customers to pay and get paid, transfer and withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies. PayPal Holdings, Inc. was founded in 1998 and is headquartered in San Jose, California.
Reported after close today (4/27/16) Earnings: EPS $0.37 Revenue $2.54B Estimates: EPS $0.35 Revenue $2.5B
New highs! +8% this morning on ER PayPal — PayPal reported in-line quarter profit at 35 cents per share, with revenue essentially in line as well. However, investors were encouraged both by a growing number of active accounts, as well as a new agreement struck with China-based online retail giant Alibaba to become a one-click payment option on Alibaba's website.
Analyst Upgrade/Downgrade Update Brokerage firm: Stifel Change: Upgrade Previous Rating: Hold Current Rating: Buy Previous Price Target: $43 Current Price Target: $49
Analyst Upgrade/Downgrade Update Brokerage firm: Mizuho Change: Coverage Reiterated/Price Target Changed Previous Rating: N/A Current Rating: Buy Previous Price Target: $46 Current Price Target: $48
paypal has made epic strides in the usability of their platform. The problem is - Amazon payments is even better. I'm mixed as I think there is great opportunity, but also think AMZN is gaining market share at an increasing rate.
Bank of America announced this week it is partnering with PayPal to make it easier for customers to make online and in-store payments.
This won't stay under $60 forever. Reminds me of when I said the same thing about "$40" buy hold and watch your money grow.
PayPal has agreed to acquire online lending company Swift Financial in a bid to expand its business that provides working capital to merchants. The acquisition will allow PayPal to offer loans to the larger businesses that process payments through its platform and better provide credit to firms that are not yet users of its services.
Panic-bought Calls this morning. Nearly doubled-up my long-term position here. Payment space =massive opportunity, Venmo
