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Oct 29, 2025 12:00 PM

JPMorgan Sees PayPal At 'Starting Line' Of AI Commerce Revolution After OpenAI Deal

PayPal Holdings Inc (NASDAQ:PYPL) reported a revenue beat for the third quarter on Tuesday and announced a partnership with ChatGPT-parent OpenAI, according to JPMorgan.

The PayPal Holdings Analyst: Analyst Tien-tsin Huang reiterated an Overweight rating and a $85 price target.

The PayPal Holdings Thesis: The company's revenues grew 7% year-on-year, ahead of Street expectations of 4%, "on broad-based drivers,"Huang said in the note.

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Under the collaboration with OpenAI, PayPal would adopt the Agentic Commerce Protocol (ACP), which allows PayPal's consumers to use ChatGPT's instant checkout and PayPal's merchants to ...