EARN25

PayPal Stock a Downgrade, Bear Note Risk

PYPL is down 60% in 2022

facebook X logo linkedin


It's the final month of 2022, and we're going to be covering a lot of the big risers of the year. This is not one of those blogs. Payments stock PayPal Holdings Inc (NASDAQ PYPL) is down 60% in 2022, and hasn't crossed over $100 since August 16. The shares are off their June 30 five-year lows of $67.58, but not by much, last seen at $75.09. 

PYPL is heading toward its third straight weekly loss, yet 23 of the 30 brokerages rate the stock a "buy" or better, with zero "sells" on the books. The 12-month consensus price target of $106.57 is a 41% premium from its current perch, so at some point downgrades and/or price-target hikes could put some pressure on the equity.

Even though the stock has traded in a tight range since August, PYPL is an intriguing target for options traders. The security's Schaeffer's Volatility Scorecard (SVS) sits at 75 out of 100, meaning the security has exceeded options traders' volatility expectations over the past year.

 
 
 

You Don’t Need 25 Alerts -- You Need ONE You Can Trust!

That’s the idea behind Trade of the Week, Schaeffer’s newest trade alert.

Every Monday morning before the opening bell, you’ll receive a single, expertly researched trade recommendation -- built from the same proprietary research we’ve been using for over four decades.

It’s not just a signal.

It’s a plan designed for traders who are tired of jumping from alert to alert without ever finding their edge.

No juggling alerts. No switching directions mid-week. Just one clear, expertly researched trade idea -- delivered before the market even opens.

👉 JOIN RIGHT NOW FOR JUST $1 TO GET THE NEXT TRADE!