PayPal（PYPL）股价上周五收于69.85美元，低25.4％以下

PayPal PYPL股票周五收于69.85美元，低于2024年12月9日的52周高点25.4％。贝宝（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）股票周五收盘，低于12月9日的93.66美元的52周高点25.4％。该股票迄今已下跌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.

该股票的绩效差可以归因于几个因素，包括从Visa（V），MasterCard（MA），Apple Pay，Adyen等人等金融科技行业的竞争加剧。对贸易伙伴，中国，加拿大和墨西哥更高关税的宏观经济环境和不确定性充满了挑战。

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股票还表现不佳，其最接近的同行，Visa和MasterCard。虽然Visa的股票返还了11.9％，但MasterCard股票在同一时间范围内上涨了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，贝宝（Paypal）在4月29日据报道的贝宝（Paypal）令人印象深刻的2025年结果有助于股票恢复。自4月29日以来，PYPL股票增长了5.3％，表现分别优于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报告的非GAAP收益为每股1.33美元，这超过了Zacks共识估计，增长了15.65％，同比增长了23.1％。报告的净收入为77.9亿美元，同比增长了1.2％，而外汇中立的收入为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的总付款量按报告的基础增长了3％，外汇中立的4％增加到4172亿美元。以美元计算的交易利润率为37亿美元，报告的基础上涨了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的价值分数所示，PayPal股票的交易价格便宜

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.

就远期12个月的市盈率而言，与Zacks金融交易服务行业的22.78倍相比，PYPL股票的交易价格为13.15倍。该股票比包括Visa和MasterCard在内的竞争对手便宜。 Visa和MasterCard的股票目前的市盈率分别为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股票的交易低于50天移动平均线，表明看涨趋势。

PYPL Shares Trade Above 50-Day SMA

PYPL共享超过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.

尽管PayPal的强大指导和廉价的估值值得注意，但股票是否值得以当前价格购买？让我们深入研究以找出答案。

Earnings Estimate Revision Trend Positive for PYPL

收入估算修订趋势PYPL的阳性

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仍然预计非GAAP收益在每股4.95美元至每股5.10美元之间。对于2025年第二季度，PYPL预计非GAAP每股1.29美元至每股1.31美元。

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年收入共识估计为每股5.08美元，在过去30天内增长了2％，在过去的2024年中增长了9.25％。第二季度2025年收入的共识标记为每股1.28美元，在过去30天中增长了6.7％，表明该年份增长了7.56％，这是一年的增长。

PayPal Holdings, Inc. Price and Consensus

Paypal Holdings，Inc。价格和共识

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

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

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

PYPL的收入击败了Zacks共识估计，在所有落后的四个季度中，平均惊喜为14.01％。

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

PYPL强大的投资组合，富裕的合作伙伴基础，以帮助潜在客户

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.

贝宝（Paypal）从付款公司转变为其商人的端到端战略商业合作伙伴，这是值得注意的。投资组合的实力一直在帮助公司与商人和消费者保持深厚而可信赖的关系。它的双面平台有助于与客户和商人建立直接的财务关系。 PYPL对改善品牌结帐和Venmo的投资有助于推动总活跃帐户，该帐户同比增长了2％，达到了2025年第一季度的436个。

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的战略举措，包括Omnichannel Commerce，包括在线品牌结帐和离线品牌支付方式，Venmo和付款服务提供商，有望驱动交易保证金。贝宝（PayPal）预计，交易利润率在152亿美元至154亿美元之间，表明2025年的4-5％范围在4-5％的范围内。该公司在本季度晚些时候在德国推出NFC能力，并将Paypal带到英国到达英国的Paypal。