<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（納斯達克股票代碼：PYPL）股價在過去幾個月內反彈，得益於其持續的轉型。本月飆升至 74.40 美元的高點，是自 2023 年 8 月以來的最高點。與去年 12 月最低點相比，上漲約 45%。</p>
<h2>PayPal 面臨諸多阻力</h2>
<p>PayPal 一直是金融服務行業中備受困擾的公司之一。在新冠疫情期間，其增長迅猛，客户數量激增至創紀錄水平。</p>
<p>PayPal 受益於居家辦公情況和數字貨幣轉賬的飆升。因此，其股價在 2021 年飆升至 300 美元以上，然後開始下跌，最終在去年 11 月定格在 50.21 美元。</p>
<p>其市值飆升至 3000 億美元以上，然後在 2023 年跌至 500 億美元以下。如今，這一估值已經飆升至 740 億美元。</p>
<p>PayPal 的崩盤發生在面臨諸多阻力的情況下。首先，它面臨來自其他金融科技公司的激烈競爭。其轉賬部門面臨來自 Wise、Remitly 和 Payoneer 等公司的競爭。</p>
<p>其非品牌業務還面臨來自 Google Pay、Amazon Pay、Apple Pay、Stripe、Adyen 和支付寶等公司的激烈競爭。這是一個大問題，因為 PayPal 從非品牌部門賺取了大量利潤。</p>
<p>多年來，PayPal 也一直在失去客户。在疫情期間，其活躍客户總數飆升至 4.35 億，而這一數字已經下降至 4.29 億。</p>
<h2>PayPal 轉型持續</h2>
<p>現在，由新任 CEO Alex Chriss 領導的 PayPal 一直在努力改變業務，以重振增長。</p>
<p>作為轉型戰略的一部分，該公司宣佈裁員約總員工數的 9%。</p>
<p>它還進行了一些財務工程，通過增加股份回購來提升公司股價。這些回購有助於通過提高每股收益（EPS）來推動公司股價。</p>
<p>股份回購背後的邏輯很簡單。假設一家公司有 1000 股流通股，並獲利 10 萬美元。這意味着每股價值 100 美元。如果公司將流通股減少到 800 股，那麼每股收益將為 125 美元。</p>
<p>PayPal 還推出了新產品，其中最引人注目的是 PYUSD。PYUSD 是一種穩定幣，吸引了超過 7.7 億美元的資產。穩定幣通過開發者投資現金並賺取利息來賺錢。在某些情況下，它們還通過交易成本賺錢。</p>
<p>PayPal 在穩定幣行業面臨的挑戰是，該行業目前由擁有超過 1180 億美元資產的泰達幣控制。其上一財年的收入超過 60 億美元，使其比貝萊德更具盈利能力。</p>
<p>PayPal 還推出了 Fastlane，這是一個幫助簡化在線購物、讓人們更快結賬的功能。類似於亞馬遜的一鍵購買和 Shopify 的 Shop Pay。最近，PayPal 與 Adyen 合作推廣該服務。</p>
<p>閲讀更多：PayPal 股票現在是明智的投資的 3 個原因</p>
<h2>PayPal 提升了其指引</h2>
<p>最近的財務結果顯示，PayPal 的收入增長最近有所放緩。上一季度，其收入增長了 8%，達到 79 億美元以上。過去，隨着其知名度上升，PayPal 習慣於實現兩位數增長。</p>
<p>其總交易量增長了 11%，達到 4160 億美元，而支付交易增長了 8%，達到 66 億筆。活躍賬户繼續下降，上季度達到 4.29 億。積極的一面是，有跡象表明訂閲者流失正在減少。</p>
<p>PayPal 還提升了第三季度和全年的前瞻指引。預計其收入增長將為中單位數，而每股收益將在 96 至 98 美分之間。</p>
<p>然而，顯而易見的是，PayPal 的增長時代已經過去，公司應被視為價值股。根據 SeekingAlpha 的數據，PayPal 的前瞻市盈率為 18，而滾動市盈率為 17。</p>
<p>相比之下，萬事達卡的倍數為 38 和 35，而 Visa 的倍數為 31 和 30。原 Square 公司現在的 Block 公司的市盈率為 61 和 36。PayPal 需要展示更多增長來證明更高的估值。</p>
<h2>PayPal 股價分析</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 股價在去年 11 月的 50.21 美元觸底後反彈至近 75 美元。它在 8 月形成了一個金叉模式，即 200 日和 50 日移動平均線相交。</p>
<p>該股票現在將重要的阻力點 70.65 美元翻轉為支撐水平。這是一個顯著的價格，因為這是自今年 4 月以來的最高水平。</p>
<p>因此，該股票的最小阻力路徑是看漲的，下一個目標是 80 美元的心理關口，比當前水平高約 10%。突破該點將使其躍升至 100 美元的下一個點。</p>
<p>本文來源：Invezz</p>

PYPL

<p>PayPal（納斯達克股票代碼：PYPL）股價已經顯著反彈，從去年 12 月的低點上漲約 45%，達到本月的 40 美元。儘管面臨激烈競爭和活躍用户下降的壓力，但公司在新任 CEO Alex Chriss 的領導下正在進行轉型，包括裁員和股票回購。最近的財務結果顯示 8% 的營收增長，並預計未來幾個季度將保持中單位數的增長。與萬事達卡和 Visa 等競爭對手相比，PayPal 的估值仍然較低，這表明需要進一步增長來證明更高的估值</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（納斯達克股票代碼：PYPL）股價在過去幾個月內反彈，得益於其持續的轉型。本月飆升至 74.40 美元的高點，是自 2023 年 8 月以來的最高點。與去年 12 月最低點相比，上漲約 45%。</p>
</div><h2>PayPal has faced many headwinds</h2>
<div class="lb-trans"><h2>PayPal 面臨諸多阻力</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 一直是金融服務行業中備受困擾的公司之一。在新冠疫情期間，其增長迅猛，客户數量激增至創紀錄水平。</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 受益於居家辦公情況和數字貨幣轉賬的飆升。因此，其股價在 2021 年飆升至 300 美元以上，然後開始下跌，最終在去年 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>其市值飆升至 3000 億美元以上，然後在 2023 年跌至 500 億美元以下。如今，這一估值已經飆升至 740 億美元。</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 的崩盤發生在面臨諸多阻力的情況下。首先，它面臨來自其他金融科技公司的激烈競爭。其轉賬部門面臨來自 Wise、Remitly 和 Payoneer 等公司的競爭。</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>其非品牌業務還面臨來自 Google Pay、Amazon Pay、Apple Pay、Stripe、Adyen 和支付寶等公司的激烈競爭。這是一個大問題，因為 PayPal 從非品牌部門賺取了大量利潤。</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>多年來，PayPal 也一直在失去客户。在疫情期間，其活躍客户總數飆升至 4.35 億，而這一數字已經下降至 4.29 億。</p>
</div><h2>PayPal turnaround continues</h2>
<div class="lb-trans"><h2>PayPal 轉型持續</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>現在，由新任 CEO Alex Chriss 領導的 PayPal 一直在努力改變業務，以重振增長。</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>作為轉型戰略的一部分，該公司宣佈裁員約總員工數的 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>它還進行了一些財務工程，通過增加股份回購來提升公司股價。這些回購有助於通過提高每股收益（EPS）來推動公司股價。</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>股份回購背後的邏輯很簡單。假設一家公司有 1000 股流通股，並獲利 10 萬美元。這意味着每股價值 100 美元。如果公司將流通股減少到 800 股，那麼每股收益將為 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 還推出了新產品，其中最引人注目的是 PYUSD。PYUSD 是一種穩定幣，吸引了超過 7.7 億美元的資產。穩定幣通過開發者投資現金並賺取利息來賺錢。在某些情況下，它們還通過交易成本賺錢。</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 在穩定幣行業面臨的挑戰是，該行業目前由擁有超過 1180 億美元資產的泰達幣控制。其上一財年的收入超過 60 億美元，使其比貝萊德更具盈利能力。</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 還推出了 Fastlane，這是一個幫助簡化在線購物、讓人們更快結賬的功能。類似於亞馬遜的一鍵購買和 Shopify 的 Shop Pay。最近，PayPal 與 Adyen 合作推廣該服務。</p>
</div><p>Read more: 3 reasons why PayPal stock is a smart investment now</p>
<div class="lb-trans"><p>閲讀更多：PayPal 股票現在是明智的投資的 3 個原因</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>最近的財務結果顯示，PayPal 的收入增長最近有所放緩。上一季度，其收入增長了 8%，達到 79 億美元以上。過去，隨着其知名度上升，PayPal 習慣於實現兩位數增長。</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>其總交易量增長了 11%，達到 4160 億美元，而支付交易增長了 8%，達到 66 億筆。活躍賬户繼續下降，上季度達到 4.29 億。積極的一面是，有跡象表明訂閲者流失正在減少。</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 還提升了第三季度和全年的前瞻指引。預計其收入增長將為中單位數，而每股收益將在 96 至 98 美分之間。</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，顯而易見的是，PayPal 的增長時代已經過去，公司應被視為價值股。根據 SeekingAlpha 的數據，PayPal 的前瞻市盈率為 18，而滾動市盈率為 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，萬事達卡的倍數為 38 和 35，而 Visa 的倍數為 31 和 30。原 Square 公司現在的 Block 公司的市盈率為 61 和 36。PayPal 需要展示更多增長來證明更高的估值。</p>
</div><h2>PayPal stock price analysis</h2>
<div class="lb-trans"><h2>PayPal 股價分析</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 股價在去年 11 月的 50.21 美元觸底後反彈至近 75 美元。它在 8 月形成了一個金叉模式，即 200 日和 50 日移動平均線相交。</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>該股票現在將重要的阻力點 70.65 美元翻轉為支撐水平。這是一個顯著的價格，因為這是自今年 4 月以來的最高水平。</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，該股票的最小阻力路徑是看漲的，下一個目標是 80 美元的心理關口，比當前水平高約 10%。突破該點將使其躍升至 100 美元的下一個點。</p>
</div><p>The post PayPal stock analysis: the train already left the station appeared first on Invezz</p>
<div class="lb-trans"><p>本文來源：Invezz</p>
</div>

PayPal stock analysis: the train already left the station

- PayPal（納斯達克股票代碼：PYPL）股價在過去幾個月反彈，受到持續轉機的支持，本月飆升至 74.40 美元，自 2023 年 8 月以來的最高點，較去年 12 月最低點上漲約 45%。
- PayPal 在疫情期間增長迅猛，客户數量創紀錄高位，市值從 300 億美元飆升至超過 3000 億美元，然後在 2023 年跌至 500 億美元以下，如今市值超過 740 億美元。
- PayPal 面臨來自其他金融科技公司的激烈競爭，尤其是在轉賬部門和無品牌業務方面，但通過裁員、股票回購和推出新產品等舉措，正在努力扭轉局面。

PayPal 股票分析：機會已經錯過