About
Information is our nourishment. Say hello to the data gods.
Meet Our Team
Consumers speak. We listen, analyze, and dig deep. You win!
Learn More
Solutions
Receive alerts and reports to power your fund management. Partner with our team of analysts to take your research to the next level.
Learn More
Plug our consumer-demand-data directly into your client-facing software, tools, and platform or work with us to create custom, high-value content your customers will love.
Learn More
Testing our data is like jumping in a time machine to compare market gains and losses against reliable and annotated historical data.
Learn More
Track specific tickers, receive alerts, and watch sector-specific trends. Drill down on individual stocks and see where consumer sentiment aligned with gains and losses in trading.
Learn More
Who We Serve
LikeFolio is your research secret weapon to sniff out game-changing shifts in the market before they happen.
Learn More
LikeFolio is source of quantitative data based upon real consumer insights to power your investment engine.
Learn More
LikeFolio is your content pipeline positioning your tool as an indispensable resource to your customers.
Learn More
LikeFolio has partnered with Tradesmith to build Derby City Insights and bring our powerful insights engine to private investors.
Learn More

PYPL: Early 2023 clues are positive

January 4, 2023

PayPal (PYPL) Opening 2023 with Relative Strength

After a dismal end to 2022, PYPL was one of the leading gainers in the S&P 500 on the first trading day of 2023 Tuesday, despite the NASDAQ turning negative early in the day.

This could act as a clue that PYPL’s recent selloff is viewed as overdone by institutions, making the stock an attractive “value” play after being hit by tax-loss selling in late 2022.

PayPal mentions surging to all-time highs

To be fair, PayPal buzz spiked in October when the consumers became aware of a PayPal policy related to the promotion of “misinformation” and subsequently imposed fees.

However, this chatter died down by early November, and sentiment normalized around the same time. Turns out this policy was a flash-in-the-pan reaction.

Now, consumers are talking about PayPal and its brands (venmo, etc.) at a growing clip, with mention volume up by +20% QoQ and nearly +50% year over year.

Users remain relatively happy with PayPal products

In the aftermath of the “misinformation” scandal, PayPal’s consumer happiness levels are reverting back to their old, fairly stable levels in the high 60% range.  

Venmo just keeps growing

Paypal’s Venmo brand continues to see worldwide growth as global unique visitors to its website reach new all-time highs in Q4 of 2022.

The “Digital Wallet” boom is taking a breather

Like many Covid-era trends, consumer interest in digital wallets has pulled back from early 2022 peaks but remains in a strong multi-year uptrend that should continue throughout the current decade.


Looking ahead: PayPal’s renewed consumer interest and rebounding sentiment is promising. The company reports 21Q4 earnings (ended Dec. 31) in about a month, and initial data is strong.

Tags: 

Related Posts

Consumers react to PayPal's Crypto announcement

PayPal (PYPL) Last week we touched on a huge crypto […]

Read More
PayPal, Square cashing in on crypto interest

PayPal (PYPL), Square (SQ) Consumer mentions of investing in cryptocurrency […]

Read More
PayPal Crypto Mentions are Booming

PayPal (PYPL) Last quarter, PayPal recorded the strongest growth in Total Payment Volume […]

Read More
1 2 3 8

Related Posts

Related Reports

KEEP YOUR COMPETITIVE EDGE

Get FREE insights in your inbox every week with the Daily Drop.

About LikeFolio

LikeFolio analyzes social media data to accurately predict shifts in consumer behavior. We sell data and insights to professional investors, corporate research teams, and software providers.

Partner Sites

© 2024
 LikeFolio. All Rights Reserved.
Privacy Policy
|
Terms of Use
LikeFolio userslaptop-phonepie-chartselect