<p><img src="https://imageproxy.pbkrs.com/https://ik.imagekit.io/invezz/uploads/2022/12/paypal-company-logo-scaled.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ik.imagekit.io/invezz/uploads/2022/12/paypal-company-logo-scaled.jpg"/></p>
<p>PayPal（纳斯达克股票代码：PYPL）股价在过去几个月内反弹，得益于其持续的转型。本月飙升至 74.40 美元的高点，是自 2023 年 8 月以来的最高点。与去年 12 月最低点相比，上涨约 45%。</p>
<h2>PayPal 面临诸多阻力</h2>
<p>PayPal 一直是金融服务行业中备受困扰的公司之一。在新冠疫情期间，其增长迅猛，客户数量激增至创纪录水平。</p>
<p>PayPal 受益于居家办公情况和数字货币转账的飙升。因此，其股价在 2021 年飙升至 300 美元以上，然后开始下跌，最终在去年 11 月定格在 50.21 美元。</p>
<p>其市值飙升至 3000 亿美元以上，然后在 2023 年跌至 500 亿美元以下。如今，这一估值已经飙升至 740 亿美元。</p>
<p>PayPal 的崩盘发生在面临诸多阻力的情况下。首先，它面临来自其他金融科技公司的激烈竞争。其转账部门面临来自 Wise、Remitly 和 Payoneer 等公司的竞争。</p>
<p>其非品牌业务还面临来自 Google Pay、Amazon Pay、Apple Pay、Stripe、Adyen 和支付宝等公司的激烈竞争。这是一个大问题，因为 PayPal 从非品牌部门赚取了大量利润。</p>
<p>多年来，PayPal 也一直在失去客户。在疫情期间，其活跃客户总数飙升至 4.35 亿，而这一数字已经下降至 4.29 亿。</p>
<h2>PayPal 转型持续</h2>
<p>现在，由新任 CEO Alex Chriss 领导的 PayPal 一直在努力改变业务，以重振增长。</p>
<p>作为转型战略的一部分，该公司宣布裁员约总员工数的 9%。</p>
<p>它还进行了一些财务工程，通过增加股份回购来提升公司股价。这些回购有助于通过提高每股收益（EPS）来推动公司股价。</p>
<p>股份回购背后的逻辑很简单。假设一家公司有 1000 股流通股，并获利 10 万美元。这意味着每股价值 100 美元。如果公司将流通股减少到 800 股，那么每股收益将为 125 美元。</p>
<p>PayPal 还推出了新产品，其中最引人注目的是 PYUSD。PYUSD 是一种稳定币，吸引了超过 7.7 亿美元的资产。稳定币通过开发者投资现金并赚取利息来赚钱。在某些情况下，它们还通过交易成本赚钱。</p>
<p>PayPal 在稳定币行业面临的挑战是，该行业目前由拥有超过 1180 亿美元资产的泰达币控制。其上一财年的收入超过 60 亿美元，使其比贝莱德更具盈利能力。</p>
<p>PayPal 还推出了 Fastlane，这是一个帮助简化在线购物、让人们更快结账的功能。类似于亚马逊的一键购买和 Shopify 的 Shop Pay。最近，PayPal 与 Adyen 合作推广该服务。</p>
<p>阅读更多：PayPal 股票现在是明智的投资的 3 个原因</p>
<h2>PayPal 提升了其指引</h2>
<p>最近的财务结果显示，PayPal 的收入增长最近有所放缓。上一季度，其收入增长了 8%，达到 79 亿美元以上。过去，随着其知名度上升，PayPal 习惯于实现两位数增长。</p>
<p>其总交易量增长了 11%，达到 4160 亿美元，而支付交易增长了 8%，达到 66 亿笔。活跃账户继续下降，上季度达到 4.29 亿。积极的一面是，有迹象表明订阅者流失正在减少。</p>
<p>PayPal 还提升了第三季度和全年的前瞻指引。预计其收入增长将为中单位数，而每股收益将在 96 至 98 美分之间。</p>
<p>然而，显而易见的是，PayPal 的增长时代已经过去，公司应被视为价值股。根据 SeekingAlpha 的数据，PayPal 的前瞻市盈率为 18，而滚动市盈率为 17。</p>
<p>相比之下，万事达卡的倍数为 38 和 35，而 Visa 的倍数为 31 和 30。原 Square 公司现在的 Block 公司的市盈率为 61 和 36。PayPal 需要展示更多增长来证明更高的估值。</p>
<h2>PayPal 股价分析</h2>
<p><img src="https://imageproxy.pbkrs.com/https://ik.imagekit.io/invezz/uploads/2024/09/PayPal-stock-1024x568.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ik.imagekit.io/invezz/uploads/2024/09/PayPal-stock-1024x568.png"/></p>
<p>PYPL 股价在去年 11 月的 50.21 美元触底后反弹至近 75 美元。它在 8 月形成了一个金叉模式，即 200 日和 50 日移动平均线相交。</p>
<p>该股票现在将重要的阻力点 70.65 美元翻转为支撑水平。这是一个显著的价格，因为这是自今年 4 月以来的最高水平。</p>
<p>因此，该股票的最小阻力路径是看涨的，下一个目标是 80 美元的心理关口，比当前水平高约 10%。突破该点将使其跃升至 100 美元的下一个点。</p>
<p>本文来源：Invezz</p>

PYPL

<p>PayPal（纳斯达克股票代码：PYPL）股价已经显著反弹，从去年 12 月的低点上涨约 45%，达到本月的 40 美元。尽管面临激烈竞争和活跃用户下降的压力，但公司在新任 CEO Alex Chriss 的领导下正在进行转型，包括裁员和股票回购。最近的财务结果显示 8% 的营收增长，并预计未来几个季度将保持中单位数的增长。与万事达卡和 Visa 等竞争对手相比，PayPal 的估值仍然较低，这表明需要进一步增长来证明更高的估值</p>

<p><img src="https://imageproxy.pbkrs.com/https://ik.imagekit.io/invezz/uploads/2022/12/paypal-company-logo-scaled.jpg" alt="" original-src="https://ik.imagekit.io/invezz/uploads/2022/12/paypal-company-logo-scaled.jpg"/></p>
<p>PayPal (NASDAQ: PYPL) stock price has bounced back in the past few months, helped by its ongoing turnaround. It jumped to a high of $74.40 this month, its highest point since August 2023. It has jumped by about 45% from its lowest point in December.</p>
<div class="lb-trans"><p>PayPal（纳斯达克股票代码：PYPL）股价在过去几个月内反弹，得益于其持续的转型。本月飙升至 74.40 美元的高点，是自 2023 年 8 月以来的最高点。与去年 12 月最低点相比，上涨约 45%。</p>
</div><h2>PayPal has faced many headwinds</h2>
<div class="lb-trans"><h2>PayPal 面临诸多阻力</h2>
</div><p>PayPal has been one of the most embattled companies in the financial services industry. Its growth exploded during the Covid-19 pandemic as the number of customers soared to a record high.</p>
<div class="lb-trans"><p>PayPal 一直是金融服务行业中备受困扰的公司之一。在新冠疫情期间，其增长迅猛，客户数量激增至创纪录水平。</p>
</div><p>PayPal benefited from the work-at-home situation and the soaring digital money transfer. As a result, its stock soared to over $300 in 2021 and then started its downtrend, settling at $50.21 in November last year.</p>
<div class="lb-trans"><p>PayPal 受益于居家办公情况和数字货币转账的飙升。因此，其股价在 2021 年飙升至 300 美元以上，然后开始下跌，最终在去年 11 月定格在 50.21 美元。</p>
</div><p>Its market cap surged to over $300 billion and then slipped to below $50 billion in 2023. This valuation has jumped to over $74 billion today.</p>
<div class="lb-trans"><p>其市值飙升至 3000 亿美元以上，然后在 2023 年跌至 500 亿美元以下。如今，这一估值已经飙升至 740 亿美元。</p>
</div><p>PayPal’s crash happened as it faced numerous headwinds. First, it faced the challenge of soaring competition from other fintech companies. Its money transfer division faced competition from the likes of Wise, Remitly, and Payoneer.</p>
<div class="lb-trans"><p>PayPal 的崩盘发生在面临诸多阻力的情况下。首先，它面临来自其他金融科技公司的激烈竞争。其转账部门面临来自 Wise、Remitly 和 Payoneer 等公司的竞争。</p>
</div><p>Its unbranded business also faced robust competition from the likes of Google Pay, Amazon Pay, Apple Pay, Stripe, Adyen, and Alipay, among others. This is a big issue since PayPal makes a substantial amount of money from the unbranded division.</p>
<div class="lb-trans"><p>其非品牌业务还面临来自 Google Pay、Amazon Pay、Apple Pay、Stripe、Adyen 和支付宝等公司的激烈竞争。这是一个大问题，因为 PayPal 从非品牌部门赚取了大量利润。</p>
</div><p>PayPal has also been losing customers over the years. Its total number of active customers jumped to over 435 million during the pandemic, a figure that has dropped to 429 million.</p>
<div class="lb-trans"><p>多年来，PayPal 也一直在失去客户。在疫情期间，其活跃客户总数飙升至 4.35 亿，而这一数字已经下降至 4.29 亿。</p>
</div><h2>PayPal turnaround continues</h2>
<div class="lb-trans"><h2>PayPal 转型持续</h2>
</div><p>Now, PayPal, under new CEO Alex Chriss, has been working to turn its business around in a bid to reinvigorate growth.</p>
<div class="lb-trans"><p>现在，由新任 CEO Alex Chriss 领导的 PayPal 一直在努力改变业务，以重振增长。</p>
</div><p>As part of the turnaround strategy, the company has announced a big round of layoffs of about 9% of its total workforce.</p>
<div class="lb-trans"><p>作为转型战略的一部分，该公司宣布裁员约总员工数的 9%。</p>
</div><p>It has also embarked on some financial engineering by increasing its share repurchases. These buybacks help to boost a company’s stock by making the earnings per share (EPS) higher.</p>
<div class="lb-trans"><p>它还进行了一些财务工程，通过增加股份回购来提升公司股价。这些回购有助于通过提高每股收益（EPS）来推动公司股价。</p>
</div><p>The logic behind share repurchases is simple. Assume that a company has 1,000 outstanding shares and it makes $100,000 in profit. This means that each share will be worth $100. If the company reduces the outstanding shares to 800, it means that its earnings per share will be $125.</p>
<div class="lb-trans"><p>股份回购背后的逻辑很简单。假设一家公司有 1000 股流通股，并获利 10 万美元。这意味着每股价值 100 美元。如果公司将流通股减少到 800 股，那么每股收益将为 125 美元。</p>
</div><p>PayPal has also launched new products, with the PYUSD being the most notable one. PYUSD is a stablecoin that has attracted over $770 million in assets. Stablecoins make money when the developers invest the cash and earn interest. In some cases, they also make money through transaction costs.</p>
<div class="lb-trans"><p>PayPal 还推出了新产品，其中最引人注目的是 PYUSD。PYUSD 是一种稳定币，吸引了超过 7.7 亿美元的资产。稳定币通过开发者投资现金并赚取利息来赚钱。在某些情况下，它们还通过交易成本赚钱。</p>
</div><p>PayPal’s challenge in the stablecoin industry is that the sector is currently controlled by Tether, which has over $118 billion in assets. Its earnings in the last financial year stood at over $6 billion, making it more profitable than Blackrock.</p>
<div class="lb-trans"><p>PayPal 在稳定币行业面临的挑战是，该行业目前由拥有超过 1180 亿美元资产的泰达币控制。其上一财年的收入超过 60 亿美元，使其比贝莱德更具盈利能力。</p>
</div><p>PayPal has also launched Fastlane, a feature that helps to simplify online shopping by letting people checkout faster. It is similar to Amazon’s 1-click and Shopify’s Shop Pay. Most recently, PayPal partnered with Adyen to promote the service.</p>
<div class="lb-trans"><p>PayPal 还推出了 Fastlane，这是一个帮助简化在线购物、让人们更快结账的功能。类似于亚马逊的一键购买和 Shopify 的 Shop Pay。最近，PayPal 与 Adyen 合作推广该服务。</p>
</div><p>Read more: 3 reasons why PayPal stock is a smart investment now</p>
<div class="lb-trans"><p>阅读更多：PayPal 股票现在是明智的投资的 3 个原因</p>
</div><h2>PayPal boosted its guidance</h2>
<div class="lb-trans"><h2>PayPal 提升了其指引</h2>
</div><p>The most recent financial results showed that PayPal’s revenue growth has slowed recently. Its revenue rose by 8% in the last quarter to over $7.9 billion. In the past, PayPal was used to make double-digit growth as its popularity rose.</p>
<div class="lb-trans"><p>最近的财务结果显示，PayPal 的收入增长最近有所放缓。上一季度，其收入增长了 8%，达到 79 亿美元以上。过去，随着其知名度上升，PayPal 习惯于实现两位数增长。</p>
</div><p>Its total transaction volume rose by 11% to $416 billion while its payment transactions rose by 8% to $6.6 billion. Active accounts continued to fall, reaching 429 million in the last quarter. On the positive side, there are signs that the subscriber loss is falling.</p>
<div class="lb-trans"><p>其总交易量增长了 11%，达到 4160 亿美元，而支付交易增长了 8%，达到 66 亿笔。活跃账户继续下降，上季度达到 4.29 亿。积极的一面是，有迹象表明订阅者流失正在减少。</p>
</div><p>PayPal also boosted its forward guidance for the third quarter and full year. It expects that its revenue growth will be mid-single-digit while its EPS will be between 96 and 98 cents.</p>
<div class="lb-trans"><p>PayPal 还提升了第三季度和全年的前瞻指引。预计其收入增长将为中单位数，而每股收益将在 96 至 98 美分之间。</p>
</div><p>What is clear, however, is that PayPal’s growth days are behind and that the company should be valued as a value stock. According to SeekingAlpha <strong>,</strong> PayPal’s forward P/E ratio stands at 18 while the trailing multiple is 17.</p>
<div class="lb-trans"><p>然而，显而易见的是，PayPal 的增长时代已经过去，公司应被视为价值股。根据 SeekingAlpha 的数据，PayPal 的前瞻市盈率为 18，而滚动市盈率为 17。</p>
</div><p>In contrast, Mastercard has multiples of 38 and 35 while Visa has 31 and 30. Block, formerly known as Square, has P/E multiples of 61 and 36. PayPal will need to demonstrate more growth to justify a higher valuation.</p>
<div class="lb-trans"><p>相比之下，万事达卡的倍数为 38 和 35，而 Visa 的倍数为 31 和 30。原 Square 公司现在的 Block 公司的市盈率为 61 和 36。PayPal 需要展示更多增长来证明更高的估值。</p>
</div><h2>PayPal stock price analysis</h2>
<div class="lb-trans"><h2>PayPal 股价分析</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://ik.imagekit.io/invezz/uploads/2024/09/PayPal-stock-1024x568.png" alt="" original-src="https://ik.imagekit.io/invezz/uploads/2024/09/PayPal-stock-1024x568.png"/></p>
<p>The PYPL share price bottomed at $50.21 in November last year and has rebounded to almost $75. It formed a golden cross pattern in August as the 200-day and 50-day moving averages crossed each other.</p>
<div class="lb-trans"><p>PYPL 股价在去年 11 月的 50.21 美元触底后反弹至近 75 美元。它在 8 月形成了一个金叉模式，即 200 日和 50 日移动平均线相交。</p>
</div><p>The stock has now flipped the important resistance point at $70.65 into a support level. This was a notable price since it was its highest level since April this year.</p>
<div class="lb-trans"><p>该股票现在将重要的阻力点 70.65 美元翻转为支撑水平。这是一个显著的价格，因为这是自今年 4 月以来的最高水平。</p>
</div><p>Therefore, the path of the least resistance for the stock is bullish, with the next target being the psychological point at $80, which is about 10% above the current level. A break above that point will see it jump to the next point at $100.</p>
<div class="lb-trans"><p>因此，该股票的最小阻力路径是看涨的，下一个目标是 80 美元的心理关口，比当前水平高约 10%。突破该点将使其跃升至 100 美元的下一个点。</p>
</div><p>The post PayPal stock analysis: the train already left the station appeared first on Invezz</p>
<div class="lb-trans"><p>本文来源：Invezz</p>
</div>

PayPal stock analysis: the train already left the station

- PayPal（纳斯达克股票代码：PYPL）股价在过去几个月反弹，受到持续转机的支持，本月飙升至 74.40 美元，自 2023 年 8 月以来的最高点，较去年 12 月最低点上涨约 45%。
- PayPal 在疫情期间增长迅猛，客户数量创纪录高位，市值从 300 亿美元飙升至超过 3000 亿美元，然后在 2023 年跌至 500 亿美元以下，如今市值超过 740 亿美元。
- PayPal 面临来自其他金融科技公司的激烈竞争，尤其是在转账部门和无品牌业务方面，但通过裁员、股票回购和推出新产品等举措，正在努力扭转局面。

PayPal 股票分析：机会已经错过