Wolfe Research analyst Darrin Peller upgraded PayPal (PYPL) to Outperform from Peer Perform with a $107 price target The firm sees upside potential to Street estimates along with investors gaining incremental conviction in the company’s medium-term growth acceleration. PayPal’s February investor day will highlight a path from 4% profit growth in 2025 to mid- to high-single digits gross profit growth in 2026 and high-single digits growth longer-term, the analyst tells investors in a research note. Wolfe says PayPal’s 220M monthly active user base is among the largest of any digital wallet company outside of China, and the largest in the U.S. It has “plenty of opportunity to monetize this base,” the firm contends.
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