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PayPal shows turnaround with Venmo's 14% TPV growth despite mixed Q3 results

Company Fundamentals
28 Oct 2026, 22:45 WIB
Seeking Alpha
View Source
Bullish
PayPal shows turnaround with Venmo's 14% TPV growth despite mixed Q3 results

PayPal Holdings reported mixed third-quarter results, beating earnings per share forecasts but missing revenue expectations due to challenges in its international business. The company's Venmo platform drove optimism with a 14% year-over-year increase in total payment volume, now accounting for 20% of PayPal's overall volume. Management's focus on high-margin payment services and operational improvements supports a positive outlook, with fair value estimates for PayPal stock at $76 or higher if growth continues. This signals potential for a renewed valuation and growth trajectory for the fintech firm.

Following PayPal's mixed third-quarter results and optimistic outlook on its Venmo platform, the stock trades at USD 56.03 on Pluang as of Oct 29, 2026 03:01 WIB, showing a 1.95% increase in one day. The company's market cap stands at $46.95 billion, with a 52-week high of $73.01 and a low of $39.08. Pluang investors hold the stock for an average of 107 days, with a nearly balanced order activity of 54% sell and 46% buy.

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