Added to YB: 2024-03-05
Pitch date: 2024-03-05
PYPL [bullish]
PayPal Holdings, Inc.
-22.17%
current return
Author Info
@TechFundies has been a tech investor for over 20 years and ran a $1b hedge fund for 10 years. Follow on Twitter.
Company Info
PayPal Holdings, Inc. operates a technology platform that enables digital payments for merchants and consumers worldwide.
Market Cap
$41.7B
Pitch Price
$58.44
Price Target
112.00 (+146%)
Dividend
1.24%
EV/EBITDA
6.41
P/E
8.38
EV/Sales
1.31
Sector
Financial Services
Category
turnaround
PayPal's Growth Momentum: Initiatives, Expectations, and Targets
PYPL: New CEO revamps team, checkout & growth initiatives. St sees -3% GP in '23, +5% in '24, margins 22.4% to 19.9%. Bull case: 20% too low, +5% GP in '23, +10% in '24 = $5.60 EPS, $112 PT (90% upside). Simplifying offerings, investing in Venmo, 60% guest users, pay-per-checkout model, offline push. Guidance allows growth flexibility.
Read full article (2 min)