PayPal（PYPL）股價上週五收於69.85美元，低25.4％以下

PayPal PYPL股票週五收於69.85美元，低於2024年12月9日的52周高點25.4％。貝寶（Paypal）股份已下跌18.1％（YTD）

PayPal (PYPL) shares closed Friday, 25.4% below the 52-week high of $93.66 it hit on Dec. 9. The stock has dropped 18.1% year to date (YTD).

PayPal（PYPL）股票週五收盤，低於12月9日的93.66美元的52周高點25.4％。該股票迄今已下跌18.1％（YTD）。

The stock's poor performance can be attributed to several factors, including intensifying competition in the fintech industry from the likes of Visa (V), Mastercard (MA), Apple Pay, Adyen and others. A challenging macroeconomic environment and uncertainty over higher tariffs on trade partners, China, Canada and Mexico, has been an overhang on the stock.

該股票的績效差可以歸因於幾個因素，包括從Visa（V），MasterCard（MA），Apple Pay，Adyen等人等金融科技行業的競爭加劇。對貿易夥伴，中國，加拿大和墨西哥更高關稅的宏觀經濟環境和不確定性充滿了挑戰。

PayPal stock has also underperformed its closest peers, Visa and Mastercard. While shares of Visa have returned 11.9%, Mastercard shares have gained 7.1% over the same timeframe.

PayPal股票還表現不佳，其最接近的同行，Visa和MasterCard。雖然Visa的股票返還了11.9％，但MasterCard股票在同一時間範圍內上漲了7.1％。

PYPL Stock’s Performance

PYPL股票的性能

However, PayPal’s impressive first-quarter 2025 results, reported on April 29, have helped the stock recover somewhat. Since April 29, PYPL shares have increased 5.3%, outperforming Visa’s and Mastercard’s 3.5% and 4.4%, respectively.

但是，貝寶（Paypal）在4月29日據報導的貝寶（Paypal）令人印象深刻的2025年結果有助於股票恢復。自4月29日以來，PYPL股票增長了5.3％，表現分別優於Visa和Mastercard的3.5％和4.4％。

PayPal reported non-GAAP earnings of $1.33 per share, which surpassed the Zacks Consensus Estimate by 15.65% and jumped 23.1% year over year. Net revenues of $7.79 billion increased 1.2% year over year on a reported basis and 2% on a forex-neutral basis.

PayPal報告的非GAAP收益為每股1.33美元，這超過了Zacks共識估計，增長了15.65％，同比增長了23.1％。報告的淨收入為77.9億美元，同比增長了1.2％，而外匯中立的收入為2％。

More importantly, PayPal’s total payment volume increased 3% year over year on a reported basis and 4% on a forex-neutral basis to $417.2 billion. Transaction margin in dollar terms was $3.7 billion, up more than 7% on a reported basis.

更重要的是，PayPal的總付款量按報告的基礎增長了3％，外匯中立的4％增加到4172億美元。以美元計算的交易利潤率為37億美元，報告的基礎上漲了7％以上。

PayPal Shares Trading Cheap

PayPal股票交易便宜

PayPal shares are trading cheap, as suggested by the Value Score of B.

如B的價值分數所示，PayPal股票的交易價格便宜

In terms of forward 12-month P/E, PYPL stock is trading at 13.15X compared with the Zacks Financial Transaction Services industry’s 22.78X. The stock is cheaper than competitors, including Visa and Mastercard. Shares of Visa and Mastercard are currently trading at P/E ratios of 28.79X and 33.07X, respectively.

就遠期12個月的市盈率而言，與Zacks金融交易服務行業的22.78倍相比，PYPL股票的交易價格為13.15倍。該股票比包括Visa和MasterCard在內的競爭對手便宜。 Visa和MasterCard的股票目前的市盈率分別為28.79倍和33.07倍。

PYPL’s P/E Ratio (F12M)

PYPL的P/E比（F12M）

PayPal shares are trading below the 50-day moving average, indicating a bullish trend.

PayPal股票的交易低於50天移動平均線，表明看漲趨勢。

PYPL Shares Trade Above 50-Day SMA

PYPL共享超過50天SMA的交易

Although PayPal’s strong guidance and cheap valuation are noteworthy, are the shares worth buying at current prices? Let’s dig deep to find out.

儘管PayPal的強大指導和廉價的估值值得注意，但股票是否值得以當前價格購買？讓我們深入研究以找出答案。

Earnings Estimate Revision Trend Positive for PYPL

收入估算修訂趨勢PYPL的陽性

For 2025, PayPal still anticipates non-GAAP earnings between $4.95 per share and $5.10 per share. For second-quarter 2025, PYPL expects non-GAAP earnings between $1.29 per share and $1.31 per share.

在2025年，PayPal仍然預計非GAAP收益在每股4.95美元至每股5.10美元之間。對於2025年第二季度，PYPL預計非GAAP的每股收益在1.29美元至每股1.31美元之間。

The Zacks Consensus Estimate for 2025 earnings is pegged at $5.08 per share, up by 2% over the past 30 days, suggesting 9.25% growth over 2024. The consensus mark for second-quarter 2025 earnings is pegged at $1.28 per share, up 6.7% over the past 30 days, suggesting 7.56% growth over the figure reported in the year-ago quarter.

Zacks的2025年收入共識估計為每股5.08美元，在過去30天內增長了2％，在過去的2024年中增長了9.25％。第二季度2025年收入的共識標記為每股1.28美元，在過去30天中增長了6.7％，表明該年份增長了7.56％，這是一年的增長。

PayPal Holdings, Inc. Price and Consensus

Paypal Holdings，Inc。價格和共識

PayPal Holdings, Inc. price-consensus-chart | PayPal Holdings, Inc. Quote

PayPal Holdings，Inc。 Price-Consensus-Chart | Paypal Holdings，Inc。報價

PYPL’s earnings beat the Zacks Consensus Estimate in all the trailing four quarters, the average surprise being 14.01%.

PYPL的收入擊敗了Zacks共識估計，在所有落後的四個季度中，平均驚喜為14.01％。

PYPL’s Strong Portfolio, Rich Partner Base to Aid Prospects

PYPL強大的投資組合，富裕的合作夥伴基礎，以幫助潛在客戶

PayPal’s transformation from a payments company to an end-to-end strategic commerce partner for its merchants is noteworthy. Portfolio strength has been helping the company maintain deep and trusted relationships with merchants and consumers. Its two-sided platform helps develop direct financial relationships with customers and merchants. PYPL’s investments in improving branded checkout and Venmo helped in driving total active accounts, which increased 2% year over year to 436 in the first quarter of 2025.

貝寶（Paypal）從付款公司轉變為其商人的端到端戰略商業合作夥伴，這是值得注意的。投資組合的實力一直在幫助公司與商人和消費者保持深厚而可信賴的關係。它的雙面平台有助於與客戶和商人建立直接的財務關係。 PYPL對改善品牌結帳和Venmo的投資有助於推動總活躍帳戶，該帳戶同比增長了2％，達到了2025年第一季度的436個。

PayPal’s strategic initiatives, including omnichannel commerce, both online branded checkout and offline branded payment methods, Venmo and Payment service provider, are expected to drive transaction margin dollars. PayPal expects transaction margin dollars between $15.2 billion and $15.4 billion, suggesting growth in the 4-5% range for 2025. The company remains on track to launch NFC capabilities in Germany later this quarter and bring PayPal everywhere to the United Kingdom in the

PayPal的戰略舉措，包括Omnichannel Commerce，包括在線品牌結帳和離線品牌支付方式，Venmo和付款服務提供商，有望驅動交易保證金。貝寶（PayPal）預計，交易利潤率在152億美元至154億美元之間，表明2025年的4-5％範圍在4-5％的範圍內。該公司在本季度晚些時候在德國推出NFC能力，並將Paypal帶到英國到達英國的Paypal。