As the world's leading platform offering online payments and online money transfers, Paypal has quickly become a leader in the digital payment industry since it had its IPO in 2002.
Do you want to invest on PayPal? we'll tell you how.
Sector: Financial Services
Industry: Credit Services
Since 2008, Paypal has boosted its revenue and market reach by making key acquisitions involving several profitable digital and e-Commerce companies. The most recent of which is the $4 billion Honey Science Corp, a cashback website that routinely applies online coupons on e-Commerce websites.
And there’s more…
Paypal is now widely used in more than 200 countries and territories, making it the biggest digital payment company in the world—in terms of market reach and revenue.
Bear in mind…
In this article, we will discuss the upsides of investing on Paypal stocks by discussing its strong points, performance history and analyst forecast of its shares.
We will also introduce you to two of the most prominent online trading platforms—which are perfect for CFD trading—in the world today: eToro and Plus500.
If you’re ready, then let’s start our familiarization on the performance and forecast of Paypal stocks.
Table of Contents
- Why Trade PayPal Stock?
- PayPal Stock Performance
- PayPal Stock Forecast
- How to Trade PayPal Stock?
- Frequently Asked Questions (FAQ)
- Best Brokers for Trading PayPal Stocks
Why Trade PayPal Stock?
Since eBay spun PayPal to become its own company in 2015, PayPal has steadily risen into the upper echelons of the e-Commerce industry by raking in a wide market share of consumers who rely on online payments and online money transfers.
In 2019, PayPal further strengthened its revenue growth by taking a 70% stake in China's GoPay, making PayPal the first foreign digital payment company to find success in the vast Chinese market—which has the biggest e-commerce in the world today.
With a market cap of more than $230 billion, Paypal is in a solid position to spread its reach and gain substantial profits surge in the coming years. The company takes pride in its balanced financial sheets as it saw a growth rate in revenue of more than 120% during the last five years. As the company moves towards digital and mobile wallet payments, expect the company to see consistent high return in the coming years.
PayPal Stock Performance
In 2020 alone, PayPal's stock has gained an increase of more than 80%. Despite this massive upsurge, many analysts believe the value of a PayPal share is still considered as undervalued while it continues to maintain success and steady revenue growth brought on by wise acquisitions and timely expansions in Asia and South America.
As a pioneer of digital payments, PayPal has always been a strong performer in the stock market. As evidenced by its historical share value, PayPal's stock rose by around 175% since 2017. That's a company screaming the words "long-term growth".
PayPal Stock Forecast
Below is a roundup of our analysis of Paypal share value in close relation to current market performance and future trends.
These stock forecasts are based on current stock and company performance and is meant to guide your decision-making.
Remember, that the final decision is still yours to make.
2021: Expanding Digital Payments and Further Collaborations
PayPal is looking at cornering the digital payments in Asia-Pacific and in South America in addition to its already wide users based in North America and Europe.
This expansion will follow a series of acquisitions PayPal made in the last couple of years. This includes: the 70% stake in China's GoPay, a partnership with UnionPay, the $750 million investment in Argentina's MercadoLibre and the acquisition of Honey Science for $4 billion.
All these partnerships, collaboration and acquisition are expected to be a prelude to PayPal's expanded presence in the global market of digital payment and e-Commerce.
Our position for PayPal stock progress next year—despite the effects of the 2020 pandemic—ranges from low to medium.
2022 and beyond: Becoming a Leading Player in the e-Commerce and Digital Payment Industry
In preparation for the promising estimates pegging the digital payment market to reach more than $130 billion by 2025, Paypal is now creating a digital payment ecosystem that will reach more new users around the world and at the same time, used by more additional products and services.
Through new acquisitions and innovations, Paypal is in solid shape to become the leader in digital payments and as among the top companies that are expected to lead the e-Commerce market in the coming years.
Because of the solid positioning Paypal is creating today in preparation for the future, the outlook for Paypal stock growth rises from medium to high.
How to Trade PayPal Stock?
Simply follow the steps below and you're good to go:
Open an account with an online broker.
For you to trade PayPal stock and other company shares, first you need to open an account with a brokerage which offers a platform for trading.
Signing-up for an account only takes a few minutes to accomplish and after completing this process, you need to make a deposit so you can start investing.
Open your broker's trading platform.
Let's say you have opened an account with a specific brokerage and you have already funded it. The next step to do is to open their platform to start trading.
Look for the PayPal stock (symbol: PYPL).
After opening the platform, search for the PayPal stock by using the search bar and entering either "PayPal" or its stock symbol "PYPL".
Select Trade and set the amount.
Click on "Trade" and specify the amount that you wish to invest. You may also set several specific parameters depending the features that are offered to you by your broker.
Execute the order.
Initiate the trade by executing the order.
Should I trade PayPal stock?
Yes. PayPal is considered as a BUY/SELL by many financial analysts at an average stock price target of $222.
Adding to this rosy forecast, is the fact that PayPal is gearing up for an almost 100% profit growth in the next several years as it plans on making much needed expansion and acquisitions in the e-commerce and technology industry.
Investors looking at PayPal stocks right now are staring at a high-yielding investment at the cost of a cheaper initial share value.
Investing now on PayPal stocks equates to a wise investment decision as PayPal Holdings head into the future with a windfall of projected revenue growth.
So, are you are ready to trade PayPal shares?
If you are now sold on trading and trading PayPal stocks, then we highly encourage you to look for a highly trusted and regulated brokerage firm that can promise you appropriate management and control of your investments, and also provide you with a peace of mind.
Frequently Asked Questions (FAQ)
How Much is the PayPal Stock?
Here is the current stock market price of ( )
Who Owns the Most Shares of PayPal?
The Vanguard Group owns the largest number of PayPal shares with 95,736,283 stocks worth $16,680,132,587.
How Many Outstanding Shares Does PayPal Have?
Based on latest figures, PayPal’s outstanding shares is 1.17 billion.
Where Can I Trade PayPal Stock?
When trading PayPal stocks, we highly endorse using the world’s leading online trading platforms used by many traders today. These are the popular CFD (contracts for difference) trading applications of eToro and Plus500.
Best Brokers for Trading PayPal Stocks
Now that you've got all the information that you need, you can now start trading PayPal stock CFDs and to help you get started, we've prepared a table of the top licensed and regulated brokerage firms which offer this financial instrument on their platforms.
Just click on the PayPal Page of your chosen broker and we'll take you directly to their stock trading page.
Min Deposit: $200
Regulation: CYSEC, FCA
Min Deposit: $100
Regulation: FCA, ASIC, CySEC
Min Deposit: $100
Regulation: CBI, ASIC, FSC, FSA, FSB
Min Deposit: $5
Regulation: IFSC, ASIC, CySEC