PayPal shares have fallen 24 percent in the past twelve months, while the S&P 500 has gained 20 percent. When will it finally get better?
The decline in PayPal shares is attributed by market participants to the fact that the company is facing loss of market share for its branded products, resulting in a decline in transaction percentages.
This has “frustrated” Truist analyst Andrew Jeffrey. While the analyst is still bullish on PayPal, he admits that many investors will need more convincing to get back on board. “We are long-term bulls based on an attractive risk/reward ratio, but recognize that PayPal could remain relatively volatile until brand volumes and transaction costs stabilize,” quoted TipRanks the analyst.
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