There is no definitive answer to this question as it largely depends on the future performance of PayPal Holdings Inc. (PYPL) and the broader online payments industry.
However, based on past performance and expectations, many analysts believe that PayPal stock is likely to increase in value in the near future.
In 2017, PayPal Holdings Inc. reported quarterly earnings of $2.24 per share, on revenue of $5.01 billion.
This marked a 12% increase over the same period in 2016. The company’s performance was bolstered by growth in its core payments business, as well as the launch of new products and services.
There are several reasons why analysts believe PayPal stock will continue to rise in value. First, PayPal Holdings Inc. has a strong balance sheet, with $27.
2 billion in net cash and marketable securities as of September 30, 2017. This enables the company to fund its growth initiatives and make acquisitions opportunistically.
Second, PayPal Holdings Inc. has a strong brand name and is well-known and trusted by consumers and businesses.
This gives the company an edge in the online payments market and makes it more difficult for competitors to gain market share.
Finally, PayPal Holdings Inc. is aggressively expanding its customer base and product offerings.
This includes the development of new technologies, such as the PayPal Here app, which allows customers to make in-store payments using their smartphones.
In conclusion, we believe that PayPal stock is likely to rise in value in the near future, based on the company’s strong performance and expanding customer base.
