PayPal Holdings, Inc. (NASDAQ:PYPL) has expanded its AI-powered commerce footprint through a partnership with Glance, an AI-powered personal shopping platform backed by InMobi.
The agentic commerce integration brings real-time product data and native checkout functionality directly to Glance consumers in the U.S.
• Where are PYPL shares going?
AI-Powered Shopping and Checkout for Consumers
Glance is embedded across more than 60 million mobile and CTV devices worldwide and provides AI-powered product discovery directly into consumers’ hands.
Glance enables users to upload a photo to generate an AI avatar, do virtual try-ons, and share them with friends.
The integration with PayPal will enable users to discover and visualize products, build a cart, and complete their purchase without being redirected to external websites.
“The lines between where people discover, shop, and buy are disappearing,” said Mike Edmonds, vice president of Agentic Commerce at PayPal.
The partnership follows PayPal’s announcement of integrating its payment infrastructure into Meta Platforms, Inc. (NASDAQ:META) personal AI agent, Muse in September.
Enhances Benefits for Merchants
The integration provides a simple way for retailers to extend their storefronts into Glance’s platform.
PayPal’s agentic commerce services allow merchants to connect to multiple AI-powered shopping experiences through a single integration, providing real-time product pricing and availability to consumers.
Mansi Jain, COO at Glance, said that as AI-powered discovery adoption increases, the integration will allow merchants to reach consumers easily and provide them with a native in-app checkout.
Technical Analysis
PayPal is trading 5.7% above the 20-day SMA ($54.49) and 15.1% above the 200-day SMA ($50.05), keeping the intermediate uptrend intact.
The 20-day SMA sitting below the 50-day SMA ($56.10), signals a bearish alignment that can cap near-term follow-through.
MACD is above its signal line and the histogram is positive.
The bigger picture still has repair work to do after the stock’s 12-month slide of 12.81%.
The August Golden Cross (50-day SMA above the 200-day SMA) remains a longer-term tailwind.
- Key Resistance: $63 — Nearby round-number area where rebounds can stall.
- Key Support: $52 — Prior demand zone that sits near key moving-average territory.
See More:
Top Value Stocks
PayPal Earnings and Analyst Outlook
PayPal is scheduled to report quarterly earnings on Oct. 27.
Analysts expect earnings per share of $1.31, compared with $1.34 a year earlier. Revenue is projected to reach 8.71 billion, up from $8.42 billion.
The stock carries a Hold rating with an average price target of $58.35. Recent analyst moves include:
- Barclays: Equal-Weight (Lowers target to $56 on Oct. 9)
- Truist Securities: Hold (Lowers target to $53 on Aug. 31)
- RBC Capital: Outperform (Raises target to $70 on Aug. 31)
PYPL Price Action: PayPal Holdings shares were up 0.45% at $57.42 at the time of publication on Friday, according to Benzinga Pro data.
Image via Shutterstock
Recent Comments