Apple & Mastercard's Move Have Raised The Competition For PayPal: BofA Analyst
Apple & Mastercard's Move Have Raised The Competition For PayPal: BofA Analyst
BofA Securities analyst Jason Kupferberg maintained a Neutral rating on PayPal Holdings, Inc. (NASDAQ:PYPL) at a price target of $74.
美國銀行證券分析師Jason Kupferberg將PayPal Holdings，Inc.（納斯達克:PYPL）的評級保持爲中立，目標價爲74美元。
The analyst writes that several announcements in the payments industry highlight the company's ongoing competitive challenges, which resulted in shares retracting much of last week's gains.
分析師寫道，支付行業的幾項公告突顯了該公司持續面臨的競爭挑戰，導致股價收回了上週的大部分漲幅。
This week, Apple Inc. (NASDAQ:AAPL) kicked off the iOS 18 update, which included a new "Tap to Cash" service.
本週，蘋果公司（納斯達克:AAPL）推出了iOS 18更新，其中包括一個新的“輕鬆付款”服務。
The analyst expects "Tap to Cash" feature to pose more competition for Venmo than Cash App, considering end-user demographics.
分析師預計，“輕鬆付款”功能對Venmo的競爭會比Cash App更有影響，考慮到最終用戶的人口統計數據。
Moreover, Apple announced plans to integrate Affirm Holdings, Inc.'s (NASDAQ:AFRM) payment products into Apple Pay for U.S. users later this year.
此外，蘋果宣佈計劃將Affirm Holdings，Inc.（納斯達克:AFRM）的支付產品整合到今年晚些時候的美國蘋果支付服務中。
Apart from this, Mastercard Incorporated (NYSE:MA) disclosed that starting in 2030, all of its European card credentials will transition to tokenization, and passkeys will be introduced to replace passwords.
除此之外，萬事達國際公司（NYSE:MA）披露，從2030年開始，其所有歐洲卡片憑證都將完成令牌化，並引入一次性密碼以取代密碼。
The analyst says that although this initiative is long-term, it underscores the ongoing competition for PayPal's core checkout button and its new Fastlane service aimed at guest checkout.
分析師稱，儘管這一倡議是長期的，但它強調了PayPal核心結帳按鈕及其旨在進行訪客結帳的新款Fastlane服務的持續競爭。
Overall, the analyst says that PayPal's new leadership is making sensible strategic moves, with the second quarter tracking ahead of the transaction profit, operating expenses, and EPS plan.
總的來說，分析師表示，PayPal的新領導正在做出明智的戰略舉措，第二季度跟蹤交易利潤、營業費用和每股收益計劃。
However, PYPL operates in a highly dynamic and complex competitive environment, which may limit the extent of top-line acceleration necessary for significant multiple expansion, writes the analyst.
然而，該分析師寫道，PYPL在高度動態和複雜的競爭環境中運營，這可能會限制必要的頂線加速程度以實現顯著的多重擴張。
Investors can gain exposure to the stock via Global X FinTech ETF (NASDAQ:FINX) and Amplify ETF Trust Amplify Mobile Payments ETF (NYSE:IPAY).
投資者可以通過Global X FinTech ETF（納斯達克:FINX）和Amplify ETF Trust Amplify Mobile Payments ETF（紐交所:IPAY）獲得該股的曝光。
Also Read: PayPal Gains Momentum: CEO's Optimism, Technical Indicators Signal Bullish Trend
另請閱讀PayPal獲得動力：CEO的樂觀主義、技術指標顯示看好趨勢
Price Action: PYPL shares are down 1.99% at $63.48 at the last check Wednesday.
價格走勢：本週三最終檢查時，PYPL股價下跌1.99％至63.48美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明：本文部分內容使用了Benzinga Neuro的幫助。此內容是通過AI工具部分製作的，並由Benzinga編輯進行了審查和發佈。
Photo: Lets Design Studio/Shutterstock
照片：Lets Design Studio / Shutterstock