Argus Research Upgrades PayPal Holdings (XTRA:2PP)

Fintel reports that on July 31, 2024, Argus Research upgraded their outlook for PayPal Holdings (XTRA:2PP) from Hold to Buy.

Analyst Price Forecast Suggests 20.78% Upside

As of July 24, 2024, the average one-year price target for PayPal Holdings is 71,07 €/share. The forecasts range from a low of 55,17 € to a high of 114,70 €. The average price target represents an increase of 20.78% from its latest reported closing price of 58,84 € / share.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for PayPal Holdings is 32,840MM. The projected annual non-GAAP EPS is 5.75.

What is the Fund Sentiment?

There are 2,721 funds or institutions reporting positions in PayPal Holdings. This is an decrease of 49 owner(s) or 1.77% in the last quarter. Average portfolio weight of all funds dedicated to 2PP is 0.40%, an increase of 1.68%. Total shares owned by institutions decreased in the last three months by 3.80% to 753,321K shares.

What are Other Shareholders Doing?

DE:2PP / PayPal Holdings, Inc. Shares Held by Institutions

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 33,735K shares representing 3.23% ownership of the company. In its prior filing, the firm reported owning 33,870K shares , representing a decrease of 0.40%. The firm decreased its portfolio allocation in 2PP by 0.94% over the last quarter.

Comprehensive Financial Management holds 28,164K shares representing 2.69% ownership of the company. In its prior filing, the firm reported owning 28,597K shares , representing a decrease of 1.54%. The firm decreased its portfolio allocation in 2PP by 1.52% over the last quarter.

VFINX - Vanguard 500 Index Fund Investor Shares holds 27,008K shares representing 2.58% ownership of the company. In its prior filing, the firm reported owning 26,335K shares , representing an increase of 2.49%. The firm decreased its portfolio allocation in 2PP by 1.36% over the last quarter.

Geode Capital Management holds 21,731K shares representing 2.08% ownership of the company. In its prior filing, the firm reported owning 21,251K shares , representing an increase of 2.21%. The firm decreased its portfolio allocation in 2PP by 1.39% over the last quarter.

Invesco Qqq Trust, Series 1 holds 20,089K shares representing 1.92% ownership of the company. In its prior filing, the firm reported owning 19,719K shares , representing an increase of 1.84%. The firm decreased its portfolio allocation in 2PP by 1.38% over the last quarter.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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