PayPal’s stock has underperformed significantly, with shares down over 22% for the year. Despite being labeled a “screaming buy” in June, the stock has failed to rally and currently trades below previous levels. The company’s business, however, has shown signs of growth, with total payment volumes increasing and a focus on profitable growth. PayPal stock is reasonably valued, trading at a forward P/E multiple of 12.7x. While analysts are not overly bullish, the mean target price is over 23% higher than current levels. With multiple growth drivers, including BNPL services and expanding into new markets, PayPal remains a buy with promising potential.

Read more at Barchart: As PayPal’s ‘AI Bump’ Fades Away, Should You Buy or Sell PYPL Stock?