![]() The PayPal payment processing system offered a way to buy goods or services or transfer funds using a personalised and secure online wallet. After merging with X.com in 2000, Confinity became PayPal and focused on being a digital payment platform for use over the Internet. They identified a gap in the market relating to the amount of information and time required to complete online financial transactions. ![]() Previously founded as Confinity, it was the brainchild of leading tech pioneers Peter Thiel and Max Levchin. Launched in 1998 during a boom period for internet stocks, PayPal Holdings Inc is listed on the New York Stock Exchange with the ticker PYPL. Whatever your investment aims, these are the price drivers to look for. Buy-and-hold investors with one-year and five-year time horizons will be factoring in how markets overshoot and that the 2022 sell-off in tech stocks could have taken PayPal to levels where it can be considered ‘cheap.’The analysis below uses fundamental and technical metrics to outline a PayPal stock forecast for every type of investor. ![]() Short-term investors could well be drawn by the high volatility of the stock. So, what’s going on with PayPal, and is the current dip an opportunity to buy?Īnswering that question is best done by considering personal investment aims. In 2022, it traded as low as $61.6, a 77% price crash in 18 months. The potential for PayPal investors is that the stock could return to the highs of July 2021 when it traded at $309 per share. PayPal has carved itself a niche that positions it next to Visa ( NYSE: V) and Mastercard (NYSE: MA), the two behemoths of the industry, but it has unique features that give it an edge over both those incumbent operators and new entrants.
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