Piper Sandler Sticks to Its Hold Rating for PayPal Holdings (PYPL)
In a report released yesterday, Arvind Ramnani from Piper Sandler maintained a Hold rating on PayPal Holdings (PYPL – Research Report), with a price target of $70.00.
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Ramnani covers the Technology sector, focusing on stocks such as Globant SA, Accenture, and Duolingo. According to TipRanks, Ramnani has an average return of -0.4% and a 46.93% success rate on recommended stocks.
In addition to Piper Sandler, PayPal Holdings also received a Hold from Needham's Mayank Tandon in a report issued yesterday. However, on the same day, Monness reiterated a Buy rating on PayPal Holdings (NASDAQ: PYPL).
Based on PayPal Holdings' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $7.79 billion and a net profit of $1.29 billion. In comparison, last year the company earned a revenue of $7.7 billion and had a net profit of $888 million
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PYPL in relation to earlier this year. Most recently, in February 2025, Gail Mcgovern, a Director at PYPL sold 2,446.00 shares for a total of $176,478.90.
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