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PayPal posts strong Q2 results but faces bearish outlook from Goldman Sachs with a $50 price target.

Market News
29 Jul 2026
Andrew Wynn
View Source
Neutral
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PayPal reported strong Q2 earnings with adjusted EPS of $1.38 and revenue of $8.68 billion, beating expectations and raising its full-year guidance. Despite this, a Goldman Sachs analyst issued a bearish outlook, raising the price target to $50 but implying a 14.27% downside from current prices. Technical indicators show caution as PayPal tests a historically bearish moving average. However, the company’s 9% growth in payment volume and rejection of a $53 billion takeover bid from Stripe highlight its underlying strength and management confidence.

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