|RE-MITK speculation. This years TT SITT wild speculation pick . Maybe not so wild after all. IMO this based on the analyst's hypothetical prediction below. IMO MITK would be a bolt on size for PYPL. Perfect to grow and scale up. MITK sales are only 45 million, but MITK is profitable with gross margins at 91%. Square has scale, but is not profitable yet. PYPL sales are 1.7 Billion with a market cap. of 14. billion,and gross margins at 38%. MITK trades at a PE of 24. |
PayPal's next acquisition target could be Square, Stripe, or Adyen, analyst predicts
- PayPal is expected to soon make a major acquisition, Bernstein's Lisa Ellis wrote in a note Wednesday.
- She believes one of the largest payment companies, including Square, Stripe, and Adyen, to be among the potential acquisition targets.
- PayPal's biggest deal took place in 2015 when it spent $890 million on Xoom.
P.S. There's always others that might be hypothetically waiting in the wings like. ServiceNow-4SO