PayPal shares soar 11% after strong earnings
August 4, 2022
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PayPal Intrinsic Value – PayPal ($NASDAQ:PYPL) shares soared 11% after the financial services company submitted its second-quarter earnings sheet yesterday that beat low expectations. As predicted in my last work — PayPal Could Crush Expectations — PayPal sailed past low EPS predictions and, on top of that, raised FY 2022 guidance and announced a new $15B stock buyback. This is great news for PayPal shareholders, as the company continues to perform well despite the pandemic. It is clear that PayPal is here to stay and is only getting stronger. this will have a positive effect on the company’s market and earnings in the long term.
The stock opened at $101.1 and closed at $97.9, a 9.2% increase from its previous close of $89.6. The positive earnings news was met with mostly positive sentiment from the media, with many analysts praising the company’s strong performance.
VI Analysis – PayPal Intrinsic Value
As an investor, it’s important to look at a company’s fundamentals in order to gauge its long-term potential. The VI app makes this process simple by providing an analysis of a company’s financials. Based on this analysis, PayPal Intrinsic Value is around $205.2.
However, the stock is currently trading at $101.10, which means it is undervalued by 50.74%.
Investors were pleased with PayPal’s strong earnings report, sending the stock up 11% in after-hours trading. The stock price continued to rise the following day, closing up 9.2%. This was good news for shareholders as PayPal has been one of the best-performing stocks in the market over the past year. The company has been benefiting from the growth of e-commerce and the shift to digital payments. PayPal is well-positioned to continue growing at a rapid pace in the coming years. Investors who are looking for a high-growth stock to add to their portfolio should consider PayPal.
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