PYPL stock forecast improves with emerging market expansion announcements. Entry into new geographies increases long-term TAM, fueling DCF-based valuations to arrive at high-$70s fair price targets. October's outlook expects a more pronounced decline, with the stock potentially trading between $53 and $64 and averaging near $58. This represents a decrease of almost 9% from the prior month and could offer short sellers a potential short-term return above 20%. November projections point to an uptick again, with price predictions around $46, followed by a year-end trading range near $44 to $46. Traders following these forecasts might see returns near 32% if they time their entries and exits effectively. 1. Demand for Digital Payments Is Exploding. Data from Statista indicates that digital payments from PSPs has exploded from $6.25 trillion in 2017 to $15.46 trillion in 2023 — a 147% increase. That figure is forecast to reach $36.75 trillion in 2029, $23.50 trillion of which will be made in mobile payments alone. PayPal’s seamless integration, which is used in 200 countries and regions and with 25 different currencies, is likely to face increased demand as merchants who rely on it look to capitalize on rapid customer onboarding and user-friendliness, both of which are expected to drive the digital payments market in the near and medium terms. The company is already well-positioned, with its digital financial network accounting for 220 million active customers each month, making it one of the world’s largest PSP in the world. Updated PYPL stock forecast reflects stronger-than-expected Q3 transaction margin performance, prompting upward revisions to FY net income projections. Technical traders watch for consolidation above $59 as a bullish setup.
