Fintel reports that on November 1, 2024, Phillip Securities downgraded their outlook for PayPal Holdings (XTRA:2PP) from Buy to Accumulate.
Analyst Price Forecast Suggests 7.05% Upside
As of October 22, 2024, the average one-year price target for PayPal Holdings is 78,00 €/share. The forecasts range from a low of 55,47 € to a high of 120,14 €. The average price target represents an increase of 7.05% from its latest reported closing price of 72,86 € / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for PayPal Holdings is 32,840MM, an increase of 4.40%. The projected annual non-GAAP EPS is 5.75.
What is the Fund Sentiment?
There are 2,726 funds or institutions reporting positions in PayPal Holdings. This is an increase of 6 owner(s) or 0.22% in the last quarter. Average portfolio weight of all funds dedicated to 2PP is 0.39%, an increase of 1.23%. Total shares owned by institutions increased in the last three months by 2.38% to 771,282K shares.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 33,070K shares representing 3.30% ownership of the company. In its prior filing, the firm reported owning 33,735K shares , representing a decrease of 2.01%. The firm decreased its portfolio allocation in 2PP by 17.42% over the last quarter.
Comprehensive Financial Management holds 28,164K shares representing 2.81% ownership of the company. No change in the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 26,847K shares representing 2.68% ownership of the company. In its prior filing, the firm reported owning 27,008K shares , representing a decrease of 0.60%. The firm decreased its portfolio allocation in 2PP by 18.49% over the last quarter.
Geode Capital Management holds 21,714K shares representing 2.17% ownership of the company. In its prior filing, the firm reported owning 21,731K shares , representing a decrease of 0.08%. The firm decreased its portfolio allocation in 2PP by 57.11% over the last quarter.
Invesco Qqq Trust, Series 1 holds 20,147K shares representing 2.01% ownership of the company. In its prior filing, the firm reported owning 20,089K shares , representing an increase of 0.29%. The firm decreased its portfolio allocation in 2PP by 21.80% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
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.