12 Cheap NASDAQ Stocks to Buy Now

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​1. PayPal Holdings, Inc. (NASDAQ:PYPL)

Forward P/E Ratio: 11.53

Number of Hedge Fund Holders: 86

​PayPal Holdings, Inc. (NASDAQ:PYPL) is one of the Cheap NASDAQ Stocks to Buy Now. PayPal Holdings, Inc. (NASDAQ:PYPL) has declined more than 14.5% since its fiscal Q3 2025 earnings release on October 28. Wall Street maintains a cautious outlook on the stock despite the earnings beat in the latest quarter, mainly due to anticipated weakness in its Branded Checkout total payment volume during the next quarter.

​On December 5, Nate Svensson from Deutsche Bank lowered the firm’s price target on the stock from $75 to $65, while reiterating a Hold rating. Earlier on December 4, Timothy Chiodo from UBS also reiterated a Hold rating on the stock with a $80 price target.

​Analyst Timothy Chiodo of UBS noted that Jamie S. Miller, PayPal’s Chief Financial and Operating Officer, pointed towards a deceleration in the company’s Branded Checkout total payment volume in Q4 2025. This is mainly due to a challenging year-over-year comparison, which the management anticipates fading in Q4, and the ongoing macroeconomic pressures.

​However, regardless of the ongoing pressure, PayPal Holdings, Inc. (NASDAQ:PYPL) raised its full-year guidance during the Q3 2025 earnings release. Management now expects GAAP EPS in the range of $5.11 – $5.15, up from the previous range of $4.90 – $5.05.

​PayPal Holdings, Inc. (NASDAQ:PYPL) is a technology company that provides digital and mobile payment solutions for consumers and merchants through platforms like PayPal, Venmo, and Braintree. It facilitates online and in-person transactions, allowing users to send and receive money and make payments securely without directly sharing their financial information.

While we acknowledge the potential of PYPL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PYPL and that has 100x upside potential, check out our report about this cheapest AI stock.

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