#PAYPAL STOCK PREDICTION CODE#
#PAYPAL STOCK PREDICTION FREE#

#PAYPAL STOCK PREDICTION CODE#

Second, similar initiatives that better position Paypal to dominate the offline payment space include a QR code payment service in the UK through its iZettle point of sale app. The company’s new “Pay with Venmo” feature should see tremendous demand from merchants that want to offer contactless payment options from a platform that already has a large user base. One of the features that should excite investors and support a bullish PYPL forecast as the world reopens is management’s focus on introducing Venmo to the offline/physical retail universe. Management expects revenue generated by Venmo to double from its $450m run-rate that was disclosed at the end of 2019 to $900m. Major upgrades to Venmo’s app and new features were confirmed at Paypal’s 2021 investor day presentation on February 12, 2021. Paypal continues to invest in its business to drive growth and there are two notable areas where this stands out.įirst, PayPal’s peer-to-peer payment platform Venmo posted a 56 per cent increase in TPV in 2020 at $159bn.

It may be difficult to imagine after a record-setting year in 2020 but Paypal still has a path to grow its core business in 2021 and beyond.

#PAYPAL STOCK PREDICTION FREE#

Since the early February report, shares are down more than 10 per cent (amid a wider tech selloff) despite a year-over-year improvement in accounts, payment volume, revenue, earnings per share, operating cash flow, and free cash flow. Yet despite its management’s outlook for continued growth into 2021, investors felt a lower Paypal stock forecast to be justified. The company added 72.7 million Net New Active Accounts (NNAs) and management guided for more momentum in 2021. The payment processor ended 2020 with a 31 per cent increase in total payment volume at $936bn while revenue was up 21 per cent at $21.45bn. The momentum Paypal saw inthe early days of the pandemic carried through to the end of the year. In fact, the surge in demand from older people with no other option but to shop and transact online helped Paypal’s total payment volume recover back to pre-Covid-19 levels within weeks of the pandemic’s onset. In fact, PayPal noted in May 2020 that its largest growing customer base comprised people over 50. Paypal’s core business performed exceptionally well in 2020 amid the Covid-19 pandemic that forced millions of people to start shopping online. Paypal stock forecast 2021: poor start after Q4 results

The case for a bullish Paypal stock prediction 2021 and beyond is based on its new yet fast-growing exposure to cryptocurrency.Īt the same time, the Paypal stock price prediction will benefit from the company’s core business of facilitating online transactions and investments to gain exposure to physical retail when the world fully re-opens. The Paypal of today looks much different compared with its roots as the exclusive payment provider for eBay transactions in the early 2000s.