5 Most Undervalued Blockchain Stocks to Buy Now

2. PayPal Holdings Inc (NASDAQ:PYPL)

Forward P/E: 8.73

Number of Hedge Fund Holders: 78

PayPal Holdings Inc (NASDAQ:PYPL) is one of the most undervalued blockchain stocks to buy now. On May 5, PayPal Holdings Inc (NASDAQ:PYPL) reported Q1 2026 results that topped expectations. Revenue increased 7% YoY to $8.35 ​billion, exceeding analysts’ ⁠estimate of $8.05 billion. Adjusted EPS of $1.34 beat the forecast of $1.27.

While these strong results did not send PYPL stock soaring, the company’s management has promised a brighter future that is partly anchored on crypto business. PayPal unveiled a reorganized structure on April 29, outlining three major business segments built around its flagship PayPal brand, Venmo, and crypto.

At the Q1 earnings call, the management expounded on the restructured business lines, saying it simplifies the company’s operating model and enhances accountability. Through these measures, PayPal looks to save around $1.5 billion in the next two to three years.

In the crypto unit, PayPal sees its stablecoin business as a major growth driver. The company said it has made impressive progress with its PYUSD stablecoin, rolling it out in 70 markets globally to support fast and lower-cost transactions.

PayPal Holdings Inc (NASDAQ:PYPL), based in California, is a multinational digital financial services company. It offers online payment, money transfer, and credit services. In addition to its namesake brand, PayPal operates through brands such as Venmo, Xoom, and Braintree.