Added to YB: 2026-08-27
Pitch date: 2026-08-20
PYPL [neutral]
PayPal Holdings, Inc.
-8.05%
current return
Author Info
Bob’s Payment Stock Substack is a former analyst and portfolio manager. Fundamental buy-and-hold investor. Talking stocks and markets. Focus on Payments, Financial Technology, and Payroll and HCM. Sign up for the newsletter.
Company Info
PayPal Holdings, Inc. operates a technology platform that enables digital payments for merchants and consumers worldwide.
Market Cap
$46.0B
Pitch Price
$62.17
Price Target
73.00 (+28%)
Dividend
1.04%
EV/EBITDA
7.40
P/E
10.13
EV/Sales
1.43
Sector
Financial Services
Category
special_situation
Payments and FinTech Earnings Recap: Q2 2026 - PayPal Holdings, Inc.
PYPL (earnings): Q2 beat: TM$ ex-client-funds interest +3% (vs. LSD decline expected), branded checkout TPV +2%; raised FY TM$ guide to +2% (was ~flat) and branded checkout to +LSD. Braintree held mid-teens; BNPL accel to +26% (top of peers). But quality soft: reserve release ($27MM) flattered TM$ (~+1.5% normalized, still anemic); EPS guide helped by lower tax rate and lighter incentive headwind. Opex guide raised to 7-8% (was 3%) as PYPL reinvests $1.5B restructuring savings. New CEO Lores pushing into financial services/credit — direct clash with lend-centric fintechs. Trades above rumored Stripe/Advent $60.50 bid; author sees ~$73 fair on comps.
Read full article (2 min)