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How to Buy PayPal Stock

Paypal Holdings Inc

PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide.

PayPal stock last closed at $66.99, up 0.63% from the previous day, and has decreased 7.85% in one year. It has underperformed other stocks in the Credit Services industry by 0.38 percentage points. PayPal stock is currently +33.31% from its 52-week low of $50.25, and -14.06% from its 52-week high of $77.95.

As of Mar 28, 2024, there are 1.07B shares of PYPL outstanding. The market capitalization of PYPL is $71.80B. In the past 24 hours, 10.67M PYPL shares were traded.

How to Buy PayPal Stock

Wondering how to invest in PayPal stock? Here's how.
  1. Choose where to buy PayPal stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you choose where to buy PayPal stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Put funds into your investment account: Pick your payment method and add your details.
  4. Research PayPal stock: The PayPal ticker symbol is PYPL. Is PayPal stock a good investment? Should you buy shares of PYPL? How do PYPL's underlying business fundamentals look? Do top analysts think PayPal is a good buy? Why has PYPL's stock price moved recently? (Hint: Our stock market research tools can help you understand if PYPL is a good stock to buy).
  5. Execute your PYPL buy order: Decide if you will purchase PYPL shares at the current market price or use a limit order to buy PYPL stock at a given price.
  6. Keep an eye on your PYPL position: Create a watchlist to important notifications about your new investment in PayPal shares.

Step 1: Choose where to buy PayPal stock

You need a brokerage account to access the NASDAQ market and buy PYPL shares.

A brokerage account allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

Our favorite brokerage: eToro

Based on our research, eToro is the best place to buy stocks. eToro gives you:

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Step 2: Create your brokerage account

Now that you've chosen the right brokerage, it's time to fill out some personal information so you can buy PYPL today.

How to Open a New Investment Account on eToro

  1. Click here to get started.
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  2. Provide your personal data to start your new trading account.
  1. Submit your data by clicking the "Create Account" button.
  2. Get started with eToro today
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Step 3: Put funds into your investment account

Now that you've created your account on a mobile trading app, you can securely and quickly fund your account:

Watch this video walkthrough if you need help transferring money into your brokerage account.

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Step 4: Research PayPal stock

After you have figured out the best place to buy PayPal stock, it's important to research their stock before you buy, so you truly comprehend the risk as well as the opportunity.

PayPal Numbers

PYPL Price
$66.99
1w %
1.29%
1y %
-7.85%
5y %
-35.5%
P/E
17.4x
P/B
3.41x
P/S
2.48x
PEG
1.47x
Revenue
$29.77B
Earnings
$4.25B
Fore. Rev. Growth
7.5%
Fore. Earn. Growth
11.87%
Market Cap
$71.80B
Next Earnings
May 6, 2024
Next Dividend
N/A

PYPL Fundamentals

WallStreetZen was created to help average investors perform more accurate fundamental analysis.

You can view all of the due diligence checks on PYPL's stock page.

Is PYPL stock undervalued or overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge PYPL's true value.

Using relative valuations metrics:

  • PYPL could be undervalued based on its P/E ratio of 17.4x, relative to Credit Services industry P/E ratio of 29.51x
  • PYPL could be undervalued based on its P/B ratio of 3.41x, relative to Credit Services industry P/B ratio of 5.02x
  • PYPL could be overvalued based on its PEG ratio of 1.47x

You can do more valuation research on PYPL's stock here.

PYPL Financial Overview

Passed Health Checks:

  • PYPL's operating cash flow of $4.84B allows it to safely service it's debt of $9.68B.
  • PYPL profit margin has gone up from 8.8% to 14.3% in the past year.
  • There are more short-term assets than long-term liabilities on the PYPL balance sheet.
  • There are more short-term assets than short-term liabilities on the PYPL balance sheet.
  • PYPL earnings of $5.41B is not sufficient to cover its interest payments.

Failed Health Checks:

  • Total PYPL debt is higher than 5 years ago, relative to shareholder equity.
  • PYPL has a relatively high debt to equity ratio of 2.9.

Do Wall Street analysts think it's a good time to buy PYPL stock

Out of 24 Equities analysts who give ratings on PYPL, the consensus analyst rating on PayPal is a Buy

It's important to note that analyst forecasts are not recommendations, nor are they investment advice.

Latest PYPL Analyst Ratings

Tien-tsin Huang, a top 20% analyst from JP Morgan maintains PYPL with a strong buy rating and lowers their PYPL price target from $75.00 to $70.00, on Feb 8, 2024.

David Scharf, a bottom 7% analyst from JMP Securities reiterates PYPL with a buy rating and maintains their PYPL price target from $68.00 to $68.00, on Feb 8, 2024.

Rufus Hone, a top 17% analyst from BMO Capital maintains PYPL with a hold rating and lowers their PYPL price target from $65.00 to $60.00, on Feb 8, 2024.

BMO Capital's Rufus Hone lowered their price target on PayPal (NASDAQ: PYPL) by 7.7% from $65 to $60 on 2024/02/08. The analyst maintained their Hold rating on the stock.

Cutting their price target on PayPal after seeing the company's Q4 and FY 2023 earnings report, issued on 2024/02/07, Hone focused on management's FY 2024 guidance which, according to the analyst, "implies lower-than-expected gross profit growth and higher non-transaction operating expenditure."

Investors looking for signs of more aggressive reductions in non-transaction related Opex will be disappointed, the analyst continued, because "PayPal's guidance and commentary implies much of the efficiency savings will be reinvested to drive growth."

Earnings Report

PayPal reported:

For Q4 2023:

  • EPS of $1.48, which beat the Zacks Consensus Estimate by 8.8% and, by 19.4%, Q4 2022's $1.24.
  • Revenue of $8.03, which beat the Zacks Consensus Estimate of $7.88B and, by %, Q4 2022's $7.83B.

For FY 2023:

  • EPS of $5.10, up 23.5% from FY 2022's $4.13.
  • Revenue of $1.529B, up 12.7% from FY 2022's $1.357B.

Management guided:

For Q1 2024:

  • 7% revenue growth Y/Y.
  • Non-GAAP EPS to be up by mid-single digits Y/Y.

For FY 20234:

  • Non-GAAP EPS in line with FY 2023's $3.84.

President & CEO Alex Chriss commented: "I’m pleased with our better-than-expected Q4 results.

"We're driving significant transformation across our company and are committed to making the necessary changes to our business to drive profitable growth in the years ahead.

"We've added key talent to our leadership team, accelerated our innovation velocity and impact, and taken action to realize cost savings that we're reinvesting in our most important initiatives.

"2024 is a year focused on execution to position PayPal for long-term success.”

Joseph Vafi, a top 3% analyst from Canaccord Genuity maintains PYPL with a strong buy rating and lowers their PYPL price target from $100.00 to $80.00, on Feb 8, 2024.

Ashwin Shirvaikar, a top 13% analyst from Citigroup maintains PYPL with a strong buy rating and lowers their PYPL price target from $76.00 to $73.00, on Feb 8, 2024.

You can dive deeper into what analysts are saying on the PayPal stock forecast page.

Metrics for Advanced PYPL Traders

SMA10
65.23
SMA20
62.61
SMA50
61.61
SMA100
60.28
SMA200
61.58
MACD
1.75
MACD Signal
1.24
MACD Histogram
0.51
RSI
66.84
Stochastic %K
85.8
Stochastic %D
84.64
StochRSI %K
92.87
StochRSI %D
89.4

Is PYPL Making Money?

Last year, PYPL earnings were $4.25B. Over the past five year, PYPL's earnings have gone up by 17.21% per year. This was faster than the Credit Services industry average of 11.94%.

Last year, PYPL revenue was $29.77B. Over the last five year, PYPL's revenue has gone up by 14.02% per year. This was faster than the Credit Services industry average of 9.55%.

Dig into PYPL's earnings and revenue performance here.

What are PYPL insiders up to?

Over the last year, executives and large shareholders at PYPL have sold more shares than they have bought.

Aaron Karczmer, EVP Chief Enterprise Services of PYPL, was the latest PYPL insider to sell. They sold $812,598.78 worth of PYPL shares on Mar 1, 2024.

Dig into more about who owns PYPL shares here.

Does PYPL provide a stable income stream?

No, PayPal doesn't provide an income stream by paying out dividends.

What others are saying about PYPL

One of the reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Execute your PYPL buy order

There are two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly fine.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at an exact dollar amount limit, place a limit order.

Hit the Open Trade button and your broker will execute the order.

If you require additional assistance buying stocks on eToro, watch the helpful video below:

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Step 6: Keep an eye on your PYPL position

Now that you own some PYPL stock, you'll want to keep up with your new investment.

Add PYPL to a watchlist to monitor your PYPL stock.

PYPL Feed

How to Buy Stock in PayPal

To reiterate, here are the 6 steps you need to take to buy PayPal stock right now:

  1. Choose where to buy PayPal stock
  2. Create your brokerage account
  3. Put funds into your investment account
  4. Research PayPal stock
  5. Execute your PYPL buy order
  6. Keep an eye on your PYPL position

If you require a brokerage account, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep tabs on your investment in PayPal, click the button below.

NASDAQ: PYPL
$66.99+0.42 (+0.63%)
Updated Mar 28, 2024
Open eToro Account
NASDAQ: PYPL
$66.99+0.42 (+0.63%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one PayPal share?

As of Mar 28, 2024, it costs $66.99 to buy one share of PayPal stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.149 shares of PYPL.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy PayPal stock?

According to 24 Wall Street analysts who monitor PayPal, their consensus recommendation is to buy PayPal stock.

What is the best way to buy PayPal stock?

One way to place an order for PayPal stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.