Paypal Holdings (PYPL) Received its Third Buy in a Row

After KBW and Robert W. Baird gave Paypal Holdings (NASDAQ: PYPL) a Buy rating last month, the company received another Buy, this time from Mizuho Securities. Analyst Dan Dolev maintained a Buy rating on Paypal Holdings today and set a price target of $285.00. The company’s shares closed last Monday at $183.21.

According to, Dolev is ranked #596 out of 6919 analysts.

Currently, the analyst consensus on Paypal Holdings is a Strong Buy with an average price target of $219.87, which is a 25.8% upside from current levels. In a report issued on September 15, Robert W. Baird also maintained a Buy rating on the stock with a $220.00 price target.

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Based on Paypal Holdings’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $4.62 billion and net profit of $84 million. In comparison, last year the company earned revenue of $4.31 billion and had a net profit of $823 million.

Based on the recent corporate insider activity of 78 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PYPL in relation to earlier this year.

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PayPal Holdings, Inc. engages in the development of technology platform for digital payments. Its solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and Paydiant products. The firm manages a two-sided proprietary global technology platform that links customers, which consist of both merchants and consumers, to facilitate the processing of payment transactions. It allows its customers to use their account for both purchase and paying for goods, as well as to transfer and withdraw funds. The firm also enables consumers to exchange funds with merchants using funding sources, which include bank account, PayPal account balance, PayPal Credit account, credit and debit card or other stored value products. It offers consumers person-to-person payment solutions through its PayPal Website and mobile application, Venmo and Xoom. The company was founded in December 1998 and is headquartered in San Jose, CA.

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