William Blair Predicts PayPal’s Q4 Earnings (NASDAQ:PYPL)

PayPal Holdings, Inc. (NASDAQ:PYPL) – Analysts at William Blair lowered their Q4 2024 EPS estimates for shares of PayPal in a research note issued on Tuesday, October 29th. William Blair analyst A. Jeffrey now expects that the credit services provider will earn $1.17 per share for the quarter, down from their prior estimate of $1.19. William Blair currently has a “Hold” rating on the stock. The consensus estimate for PayPal’s current full-year earnings is $4.54 per share. William Blair also issued estimates for PayPal’s Q3 2025 earnings at $1.17 EPS, Q4 2025 earnings at $1.32 EPS and FY2025 earnings at $4.99 EPS.

PayPal (NASDAQ:PYPL) last announced its quarterly earnings data on Tuesday, October 29th. The credit services provider reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.08 by $0.12. PayPal had a net margin of 14.08% and a return on equity of 23.44%. The company had revenue of $7.85 billion during the quarter, compared to analysts’ expectations of $7.88 billion. During the same quarter in the prior year, the company posted $0.97 EPS. The business’s revenue was up 6.0% on a year-over-year basis.

Several other equities research analysts have also weighed in on the stock. Royal Bank of Canada upped their target price on shares of PayPal from $84.00 to $89.00 and gave the stock an “outperform” rating in a report on Wednesday. UBS Group upped their target price on shares of PayPal from $72.00 to $85.00 and gave the stock a “neutral” rating in a report on Wednesday. Morgan Stanley increased their price objective on shares of PayPal from $71.00 to $76.00 and gave the stock an “equal weight” rating in a report on Wednesday. Stephens increased their price objective on shares of PayPal from $75.00 to $85.00 and gave the stock an “equal weight” rating in a report on Friday, October 18th. Finally, Canaccord Genuity Group increased their price objective on shares of PayPal from $80.00 to $96.00 and gave the stock a “buy” rating in a report on Wednesday. Seventeen research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, PayPal currently has a consensus rating of “Moderate Buy” and an average price target of $82.29.

PayPal Stock Down 2.6 %

PYPL opened at $77.25 on Friday. The firm’s 50-day simple moving average is $76.50 and its 200-day simple moving average is $67.66. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.24 and a current ratio of 1.25. PayPal has a twelve month low of $52.55 and a twelve month high of $83.70. The firm has a market cap of $77.45 billion, a price-to-earnings ratio of 18.44, a PEG ratio of 1.40 and a beta of 1.44.

Institutional Trading of PayPal

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Bruce G. Allen Investments LLC raised its holdings in shares of PayPal by 7.4% in the third quarter. Bruce G. Allen Investments LLC now owns 1,810 shares of the credit services provider’s stock valued at $141,000 after purchasing an additional 124 shares during the last quarter. First United Bank & Trust grew its stake in shares of PayPal by 6.4% in the third quarter. First United Bank & Trust now owns 2,395 shares of the credit services provider’s stock valued at $187,000 after buying an additional 145 shares in the last quarter. Ritholtz Wealth Management grew its stake in shares of PayPal by 3.3% in the third quarter. Ritholtz Wealth Management now owns 4,724 shares of the credit services provider’s stock valued at $369,000 after buying an additional 152 shares in the last quarter. SYSTM Wealth Solutions LLC grew its stake in shares of PayPal by 50.6% in the second quarter. SYSTM Wealth Solutions LLC now owns 497 shares of the credit services provider’s stock valued at $29,000 after buying an additional 167 shares in the last quarter. Finally, First Bank & Trust grew its stake in shares of PayPal by 4.4% in the third quarter. First Bank & Trust now owns 4,016 shares of the credit services provider’s stock valued at $313,000 after buying an additional 171 shares in the last quarter. 68.32% of the stock is currently owned by institutional investors and hedge funds.

About PayPal

PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.