Buzz-Street View: PayPal's turnaround demands patience in an impatient market

** Morgan Stanley ("underweight," PT: $45) says PYPL's board may see enough value in the standalone business to resist any potential offer short of a substantial premium

** J.P.Morgan ("neutral," PT: $65) says there is more work to be done as PYPL aligns its strategy and assets to support consistent and profitable growth, "which we think could require at least few quarters to clarify"

** KBW ("outperform," PT: $70) says the co has strong underlying momentum to resume its growth trajectory beyond this year

** TD Cowen ("hold," PT: $59) says Q2 reflected early traction in PayPal's turnaround and co's strategy is clear, "but it is a large, complex entity, and there remains much to be done" ** "The market is unlikely to grant PYPL the benefit of the doubt, leaving it rangebound and at the whims of M&A speculation positioning, though valuation remains undemanding, so further progress could help the grind" - TD Cowen

** PayPal PYPL.O doubled down on its turnaround plan on Tuesday, raising its 2026 profit forecast and outlining cost-saving steps, amid ongoing takeover speculation

** Median PT of 46 brokerages covering the stock is $54.50; average rating "hold" - LSEG-compiled data