News summaryZacksJul 16, 2026, 11:12 PM
PayPal (PYPL) Gains As Market Dips: What You Should Know
PayPal closed at $56.73, up 2.18% on the latest trading session, outperforming broader market declines where the S&P 500 fell 0.51%, the Dow dropped 0.2%, and the Nasdaq lost 1.47%. Shares have surged 31.94% over the past month, and analysts expect Q2 earnings of $1.28 per share (down 8.57% year-over-year) on revenue of $8.52 billion (up 2.75%) when results are reported on July 28, 2026.
Why it matters: PayPal carries a Zacks Rank of #3 (Hold) with a Forward P/E of 10.45 versus the industry average of 11.35, though its PEG ratio of 1.39 is above the Financial Transaction Services sector average of 0.87.