Venmo's Amazon deal can help fuel PayPal's operating leverage, Canaccord says

Sep. 26, 2022 4:02 PM ETPayPal Holdings, Inc. (PYPL)AMZNBy: Liz Kiesche, SA News Editor4 Comments

PayPal and Venmo Accepted Here


Canaccord Genuity analyst Joseph Vafi estimates that the launch of PayPal Holdings' (NASDAQ:PYPL) Venmo on Amazon (AMZN), expected in Q4, could fuel incremental growth of 0.3%-2.7% for revenue and 0.9%-6.7% for EPS on a full run rate, annualized basis.

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