PayPal Holdings Inc
PYPL: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$492.00 | Ymlzzm | Ybxhgnvs |
PayPal: We See Shares as Materially Undervalued
Over the past few years, the market has vacillated between hope and despair when it comes to PayPal. The company's stock roughly tripled in the early stages of the pandemic, but the shares have since fallen about 75% from their peak to a level materially below their prepandemic price. With market confidence in the stock at a low ebb, we see a potentially good long-term opportunity. Our fair value estimate for the narrow-moat company is $135 per share.