Mizuho cuts target for PayPal stock to USD 51.00

Published on 10/02/2026 at 12:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue rose 4.80 percent to USD 8.68 billion. PayPal stock costs EUR 47.25 on October 2, 2026 versus EUR 47.28.

Isometrisches 3D-Diorama mit Erdkugel und Netzwerk-Knoten — PayPal Holdings Inc (US70450Y1038) als isometrisches Low-Poly-Diorama des globalen digitalen Zahlungsnetzwerks weltweit, Illustration mit AI erstellt.

PayPal (ISIN US70450Y1038) was at EUR 47.25 at Lang & Schwarz on October 2, 2026 at 12:32 p.m. CEST, down 0.06 percent from the EUR 47.28 prior close. The immediate catalyst is Mizuho's Neutral rating and USD 51.00 price target, published by Investing.com on October 2, 2026.

Mizuho flags branded checkout pressure

Mizuho's assessment centers on PayPal's branded total payment volume, which diverged from the growth of major online merchant partners. The spread reached minus 9.00 percent in the second quarter of 2026, according to Investing.com.

The concern contrasts with PayPal's payment volume growth. In the second quarter ended June 30, 2026, total payment volume rose 10.00 percent to USD 486.4 billion, while revenue grew 4.80 percent to USD 8.682 billion, according to Financial Report Insights.

Volume growth outpaces revenue

The mix is central to the stock debate. PayPal's second-quarter 2026 operating income fell 5.10 percent to USD 1.427 billion, net income declined 12.50 percent to USD 1.104 billion, and GAAP operating margin fell to 16.40 percent from 18.10 percent in the year-ago quarter. That combination means transaction growth is reaching the income statement less efficiently, even as the platform processes more payments.

Analyst views remain divided. Investing.com reported on September 28, 2026 that UBS maintained a Neutral rating and a USD 61.00 target after an investor meeting. The gap between that target and Mizuho's USD 51.00 view shows how strongly expectations depend on branded checkout momentum and the effect of PayPal's restructuring.

PayPal stock stays near its yearly low

At EUR 47.25, the Lang & Schwarz quote stood closer to its current market level than to the 52-week USD range of USD 38.46 to USD 79.22 reported for the NASDAQ listing. The company is scheduled to report its next quarterly results on October 26, 2026, according to Investing.com.

PayPal was trading at EUR 47.25 at Lang & Schwarz on October 2, 2026 at 12:32 p.m. CEST, minus 0.06 percent versus the EUR 47.28 prior close on October 1, 2026. The primary listing is NASDAQ, where the stock is quoted in USD. The further course of trading is shown by the continuously updated real-time quote of PayPal stock.