PayPal (PYPL) PT Lowered to $60 at Freedom Broker

Freedom Broker analyst Mikhail Paramonov lowered the price target on PayPal (NASDAQ: PYPL) to $60.00 (from $100.00) while maintaining a Buy rating.

The analyst comments "PayPal Holdings (PYPL) reported 1Q26 results broadly in line with expectations. Non-GAAP EPS was $1.34 (+1% y/ y), and revenue was $8.35bn (+7% y/y), beating expectations by 5% and 4%, respectively. The company accelerated total payment volume (TPV) to $464bn (+11% y/y), delivered improved branded checkout trends and solid growth in Venmo and PSP, but recorded operating margin compression driven by higher investments in technology, marketing and product. We reiterate our Buy rating and lower our target price to $60 per share."

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