9/11/2023 0 Comments Paypal stock price for today![]() ![]() ![]() ![]() PayPal’s revenue growth ex-eBay was 29%, showing that without this issue, PayPal continued to grow at a very strong pace. Indeed, eBay represented about 10% of PayPal’s revenues in the last quarter of 2020, but the company’s decision to move its payments to Adyen ( OTCPK:ADYEY) had a great impact on PayPal’s revenues and its weight decreased to only 3% of total revenues during 2021. Its revenues amounted to $25.4 billion during the last year, an increase of 18.4% compared to 2020, despite the negative impact of lower revenues from eBay ( EBAY). PayPal’s business was boosted by the pandemic, which led to strong financial results both in 20. PayPal ( NASDAQ: PYPL) stock price has corrected a lot in recent months, but its business is still solid and its valuation is quite cheap, thus long-term investors should see this weakness as a buying opportunity.Īs I’ve analyzed in previous articles, I’m bullish on PayPal over the long term due to its strong position in the global digital payments industry, supported by its competitive advantages over peers in online payments, digital wallets, and also from a stronger financial profile compared to other players in the global digital payments industry.ĭespite this background, PayPal’s stock has declined significantly over recent months (-70% since its all-time high) like most growth stocks, in part due to general market correction, negative investor sentiment over fintech stocks, and some overvaluation of its own stock.įor long-term investors, the question is to know if PayPal stock is currently undervalued or the recent slowdown in its business growth has changed the investment case, and therefore a lower valuation is warranted. ![]()
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