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PYPL
Benzinga
21 days

PayPal Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. PayPal to release Q2 earnings on July 29, expecting $1.30 EPS. 2. Projected Q2 revenue is $8.08 billion, increasing from $7.88 billion. 3. PayPal launched new feature for cryptocurrency payments at checkout. 4. Barclays maintains Overweight rating, raising price target to $90. 5. Deutsche Bank reinstates Hold rating with a target of $75.

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FAQ

Why Bullish?

Strong earnings expectations and new features may positively influence PYPL's price. Historically, favorable earnings reports lead to price increases in tech stocks.

How important is it?

Earnings releases often impact stock prices significantly, particularly in growth firms.

Why Short Term?

Q2 earnings release in July can directly affect price in the near term.

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