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Barchart
Sohini Mondal

PayPal Holdings Stock: Is Wall Street Bullish or Bearish?

PayPal PYPL

With a market cap of $63.6 billion, PayPal Holdings, Inc. (PYPL) operates a technology platform that enables digital payments for merchants and consumers worldwide. Based in San Jose, California, the company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle, Hyperwallet, Honey, and Paidy names.

Shares of PYPL have lagged behind the broader market over the past 52 weeks. PYPL has dipped 1.1% over this time frame, while the broader S&P 500 Index ($SPX) has gained 11.7%. Moreover, shares of PYPL are down 23.4% on a YTD basis, compared to SPX’s 4.7% decline.

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