PayPal is one of the world’s leading companies in the development of online payments systems, dating back to 1998 in California, USA under the name “Confinity”, the company later underwent many developments, most notably in 2002 – after its acquisition From the company eBay – and then change its name to “Paypal” and then subscribed for the first time in the money market.
The separation of PayPal was announced in 2014 and actually took place in the second half of 2015, then the independent entity of the company witnessed many expansions, the most prominent features of which were the acquisition of the Zoom company specialized in digital money transfer, this step had a significant impact on the expansion of the company’s activity and what it achieved Since then, buying PayPal stock has become a goal shared by millions of speculators in the global financial markets.
PayPal stock price today
The movement of stock prices – as it is known and usual – is affected by many factors that keep them in a permanent state of change. You can start by reviewing the PayPal stock by looking at its price today and its performance recently. This can be seen by reading the following stock chart:
PayPal Stock Overview
PayPal’s stock has been ranked for a long time among the list of the best American stocks for investment, due to the good performance of the stock in most periods since its subscription, perhaps the most prominent jump was in the period between January 2017 and January 2018, where it achieved a 100% increase during this year, to rise from the price of 40 $35 to $86.32.
Here, the Yaqeen website reviews a set of financial data about PayPal’s stock, which reflects the volume of business and the level of performance of the company as a whole, and then it can be evaluated and the extent of the feasibility of investing in its shares.
- Market capital: 86.03 billion US dollars.
- Share price range over the year: 71,83: 310,16 USD.
- Major exchange market: NASDAQ
- Trading volume: 18.73 million US dollars.
PayPal Stock Rise Journey
If you are wondering about the possibility of making wealth through stocks, you may have to look at those who participated in the subscription of PayPal shares from the beginning, as many of them – or rather those who have held the shares for a long time – achieved high returns, as a result of its rise and recording prices that are high compared to the pricing that He got it on public offering the first time.
The management of the global PayPal company made a subscription to the American stock exchange, specifically the Nasdaq market, in 2015. This move came after its separation from eBay and its complete exit from its umbrella. The most prominent stages that the PayPal name has gone through since then can be summarized as follows::
- The share price after the subscription ranged between 30: 40 US dollars and that continued until 2017.
- Starting from the first quarter of 2017, the stock maintained the level of $40.35 and headed upward.
- The year 2017 ended with a 100% increase in the share price to reach $86.32.
- The stock continued to rise during 2018, reaching $93.44.
- By January 2022, the share price of PayPal was recorded at 194.94 USD.
- The stock subsequently declined to record an average of $75 by May of the same year.
Although PayPal’s share price has fallen as reflected in its chart in recent weeks and up to the moment of writing these paragraphs, it has not lost the interest of traders around the world; As the reports issued by senior financial analysts are still optimistic about the stock’s future, and it is likely that it will resume its rise in the coming periods.
PayPal Stock Forecast
The volume of remittance transactions made through PayPal – according to statistics – in the second quarter of 2019 alone was estimated at $73 billion. This reflects the company’s strength and influence as a safe way to transfer money and complete payments remotely, which has become a mainstay on which many activities are based. This has contributed to making the number of PayPal users in a state of continuous increase, which means a similar increase in the volume of financial returns.
Many analysts expect that the volume of global digital payments will rise by 2023 to 6.5 trillion US dollars, some statistics indicate that PayPal alone accounts for about 20% of this huge market, with an expected increase in the size of its share over the following years, especially In its constant endeavor to develop its services, such as launching the PayPal One Touch feature, which makes it easier for its customers to shop with one click through an unlimited number of electronic stores.
In addition to all of the above, the price models in the stock chart for PayPal show that its exposure to decline between 2018 and 2020 was a little, and that it was always able to correct the path and re-rise, in addition to the fact that the company has ambitious plans to expand and aims to raise its market value to 1 Trillion USD by 2030, all this will have a positive impact on the performance and price of the stock making it one of the good choices for traders.
Best PayPal Stock Trading Companies
It is possible to invest in American stocks directly with access to many facilities and special privileges from anywhere around the world. This is achieved through online trading companies that allow clients – through their digital platform – to access the largest financial markets in the world and invest the financial instruments listed in them in various ways. ways.
Based on this, accessing PayPal shares and making a profit by buying or trading them directly is easy, but the success of the experiment depends mainly on choosing reliable and licensed stock trading companies. In the field of trading, millions of traders have actually benefited from the distinguished services it offers.
- SoFi Automated Investing
- Betterment
- Wealthfront
Investing in PayPal Stocks Step by Step
Many people believe that investing in the shares of major companies is very difficult and complicated, perhaps due to the stereotyped image sticking in the mind, but the matter has become faster and easier thanks to the digital revolution that we are witnessing in the current era, and one of its most prominent manifestations is the doubling of the number of online trading companies, The steps for trading PayPal shares can be summarized as follows:
- Compare account types and check trading company licenses.
- Opening a real account with the trading company of choice.
- Fund the account through one of the payment methods, which can be PayPal itself.
- Enter the trading platform and search for the NASDAQ stock symbol: PYPL.
- Determine the stock and then start making trading transactions through buying and selling deals.
Experts confirm that stock trading is a process that depends mainly on information and the ability to predict the future of the market movement, so it is recommended to stay informed of news and developments in the economic arena, as well as to use technical analysis tools to evaluate the current performance of the stock and predict its movement during the target time range.
Frequently asked questions about how to buy PayPal shares
Is it possible to buy PayPal shares online?
The Internet has brought about a huge boom in various fields, and the stock exchange sector cannot be excluded from this, based on this, the purchase of international shares, including the shares of PayPal, has become one of the things that can be done online. It only requires finding the appropriate mediator that supports this feature. In the evaluation of trading companies provided by Yaqin in this regard, the evaluation includes detailed information about the legal status of the company and the nature of the services provided through it, in addition to all other details that you need in order to evaluate the trading companies in terms of safety and quality.
How big is PayPal globally?
The steps for evaluating the shares begin with working on evaluating the performance of the company itself, the volume of its activity, and the extent of demand for the services or goods provided by it. Send money only It is available in 97 countries around the world. The service of entering and withdrawing funds in foreign currency (Paypal Zero) is available in about 18 countries. Integrated service (send, receive, withdraw) available in 41 countries. Integrated service (send, receive, withdraw) in local currency available in 21 countries.
Is PayPal stock a pure halal stock?
PayPal’s stock is not classified as a pure stock and there is a debate about its legality, due to the nature of the company’s activity that is based on transferring money or making digital payments, and of course, the company – as a foreign company – does not fully comply with the legal provisions established in this regard. Therefore, it is recommended to review the company’s financial report before making a decision on trading the stock.