Leadership Changes - PayPal is replacing CEO Alex Chriss with Enrique Lores due to the company's pace of change and execution not meeting board expectations over the past two years [1] - Lores has been a PayPal board member for almost five years and has served as board Chair since July 2024, previously holding the position of president and CEO of HP Inc. for over six years [1][2] - Lores will officially take over as CEO on March 1, with Jamie Miller serving as interim CEO until then [3] Industry Context - The payments industry is undergoing rapid changes driven by new technologies, evolving regulations, and increased competition, with AI significantly reshaping commerce [2] - Lores expressed his commitment to leading PayPal in accelerating innovation and shaping the future of digital payments and commerce [2] Financial Performance - PayPal reported its fourth-quarter results, posting an adjusted profit of $1.23 per share on revenue of $8.68 billion, which fell short of analyst expectations of $1.29 per share on revenue of $8.77 billion [4] - The company has forecasted lower profit for the first quarter, leading to a 16% drop in shares before the market opened [4]

PayPal reported a weaker-than-expected fourth quarter and issued a subdued profit forecast for 2026, underscoring mounting pressure from slowing consumer spending and intensifying competition in digit... ...

February 3, 2026 Non-GAAP Financial Measures This presentation contains non-GAAP measures relating to our performance. These measures may exclude certain expenses, gains and losses that may not be indicative of our core operating results and business outlook, and, in each case, may be different from the non-GAAP financial measures used by other companies. The presentation of this financial information, which is not prepared under any comprehensive set of accounting rules or principles, is not intended to be ...

PayPal Holdings, Inc. (NASDAQ:PYPL) shares are down during premarket trading on Tuesday following the announcement of a leadership change within the company. The stock’s decline comes as the company appointed Enrique Lores as its new President and CEO, effective Mar. 1.The Board of Directors expressed confidence that Lores will lead PayPal into its next chapter, but uncertainty often accompanies such changes.Enrique Lores Appointed as PayPal CEOLores, who has been on PayPal’s Board for nearly five years, su ...

Stock Market Week: Dow Rally Aces Ninth Month | Investor's Business DailyBREAKING: [Tech Futures Lead Gains As Teradyne, Palantir Surge]---January's final week of stock market action saw the S&P 500 end the week a fraction higher after briefly topping 7,000 for the first time on Wednesday. The Nasdaq also took a shot at its record high from October, but ended a touch more than 1% short of the mark. It ended narrowly lower for a third straight week. The…## Related news## Stock Market Today: Dow Steady As Pal ...

Core Viewpoint - PayPal Holdings, Inc. (NASDAQ:PYPL) is facing increased competition and slower growth, leading to downgrades from analysts and a reduced price target [1][3]. Group 1: Analyst Downgrades - Rothschild Redburn analyst Dominic Ball downgraded PayPal from Neutral to Sell, lowering the price target from $70 to $50 due to the competitive advantage of traditional card networks [1]. - Morgan Stanley also reduced its price target on PayPal to $50 from $51 while maintaining an Underweight rating, citing slower growth in the branded checkout segment [3]. Group 2: Competitive Landscape - The marginal consumer is increasingly opting for alternative payment methods, with competitors like Apple Pay, Google Pay, Shopify's Shop Pay, and Stripe's Link gaining users from PayPal [2]. - Traditional card networks are perceived to have stronger pricing power and demand for cyber and risk services in the evolving e-commerce landscape [2]. Group 3: Checkout Integration Challenges - PayPal's progress in upgrading checkout integrations has been slow, with only 25% of merchants transitioning to the new checkout experience in about 15 months, and only half of those using the most optimized integration [4].

Group 1 - PayPal has appointed former HP Chief Executive Enriques Lores as its new leader [1] - The decision comes after the board expressed concerns that "the pace of change and execution was not in line with expectations" [1]

Core Viewpoint - PayPal has announced that Enrique Lores will become the new CEO on March 1, replacing Alex Chriss, as part of a leadership transition following the release of its fourth quarter earnings report [1][5]. Group 1: Leadership Transition - Enrique Lores, currently the CEO of HP, will take over as CEO of PayPal, marking a significant shift in leadership [1][4]. - Alex Chriss has been leading PayPal since September 27, 2023, after being appointed by former chairman John Donahoe [5][6]. Group 2: Strategic Focus - Lores aims to improve execution and progress on existing initiatives, emphasizing the need to enhance performance in branded checkout, which is central to PayPal's business [2][3]. - He highlighted the importance of maintaining momentum in areas like Venmo and buy now, pay later services [3]. Group 3: Market Reaction - Following the announcement of the new CEO and the earnings report, PayPal's shares fell over 15% in premarket trading [3]. Group 4: Previous Leadership Experience - Lores has a long history with HP, having joined as an engineering intern in 1989 and later leading the company through significant challenges, including a $35 billion hostile takeover bid from Xerox [4]. - Chriss previously worked at Intuit for 19 years, where he played a key role in major acquisitions and leadership restructuring [6]. Group 5: Partnerships and Initiatives - Under Chriss, PayPal established partnerships, including enabling payments through Amazon's Buy with Prime feature and becoming a processor for Shopify Payments [6].

Core Viewpoint - HP CEO Enrique Lores will take over as the next chief executive of PayPal, succeeding Alex Chriss [1] Company Summary - Enrique Lores, currently the CEO of HP, is set to lead PayPal as its new chief executive [1]

责任编辑：李肇孚 PayPal于周二宣布，任命Enrique Lores为总裁兼首席执行官，任命自 3 月 1 日起生效。 PayPal于周二宣布，任命Enrique Lores为总裁兼首席执行官，任命自 3 月 1 日起生效。 责任编辑：李肇孚 ...