PAYPAL股价盘前重挫16%，因第四季度利润低于预期且任命新CEO。 ...

格隆汇2月3日｜Paypal(PYPL.US)在第四季度利润不及预期并任命新首席执行官后，美股盘前下跌 16%。 ...

Core Viewpoint - PayPal's stock has declined following disappointing earnings and the announcement of a CEO change, indicating challenges in meeting investor expectations and the need for a leadership shift [1] Earnings Results - PayPal reported a significant slowdown in a key performance metric, which is closely monitored by investors [1] - The company missed expectations with its first-quarter profit guidance, contributing to the stock's decline [1] Leadership Change - Enrique Lores, a veteran from HP, will take over as PayPal's CEO on March 1, succeeding Alex Chriss [1] - The company acknowledged that while some progress has been made over the past two years, the pace of change and execution did not meet the board's expectations [1]

PayPal Reports Fourth Quarter and Full Year 2025 Results Diversified, profitable growth in '25; Investing to strengthen foundation and accelerate growth initiatives SAN JOSE, Calif., (February 3, 2026) – PayPal Holdings, Inc. (NASDAQ: PYPL) today reported results for the fourth quarter and full year ending December 31, 2025. "In 2025, PayPal delivered solid performance across multiple areas of the business. We grew revenue, transaction margin dollars, and earnings per share, underscoring the strength of our ...

PayPal said on Tuesday it has named Enrique Lores as president and CEO, effective March 1. ...

贝宝（PayPal）：杰米·米勒将出任临时首席执行官。 来源：滚动播报 ...

Core Viewpoint - PayPal has replaced its CEO Alex Chriss amid slowing growth and increased competition, leading to a significant drop in its stock price by 19% following a disappointing profit forecast for 2026 [1][4]. Company Changes - Enrique Lores, previously the president and CEO of HP, has been appointed as the new president and CEO of PayPal, with Jamie Miller serving as interim CEO until Lores officially takes over on March 1 [2][1]. - The board expressed that the pace of change and execution under Chriss did not meet their expectations [1]. Financial Outlook - PayPal's adjusted profit forecast for the full year is expected to range from a low-single-digit percentage decline to a slight increase, contrasting with Wall Street's expectation of approximately 8% growth [4]. - The company has decided to provide forecasts on a yearly basis rather than committing to a long-term outlook, indicating a shift in strategy [4]. Market Conditions - The company is facing challenges due to weakening retail spending as consumers, affected by high interest rates and living costs, are prioritizing essential purchases over discretionary spending [5]. - PayPal's revenue for the holiday quarter was reported at $8.68 billion, falling short of analysts' expectations of $8.80 billion [6]. - The adjusted profit for the same period was $1.23 per share, also below the anticipated $1.28 [7]. Strategic Considerations - Analysts have raised concerns regarding the company's turnaround strategy following the unexpected CEO change, questioning whether Lores will build a strong payments team or consider strategic asset reviews [3].

Core Viewpoint - PayPal's profit forecast for 2026 is considered lackluster, and the company reported fourth-quarter earnings that fell below Wall Street expectations, influenced by weaker U.S. retail spending and slower growth in its business [1] Financial Performance - The fourth-quarter earnings reported by PayPal were below Wall Street expectations, indicating potential challenges in meeting future financial targets [1] - The company is facing pressure from a decline in U.S. retail spending, which may impact its revenue growth [1] Growth Outlook - The profit forecast for 2026 is viewed as disappointing, suggesting that the company may struggle to achieve significant growth in the coming years [1] - Slower growth in PayPal's business is a concern, reflecting broader economic trends that could affect its performance [1]

Core Viewpoint - PayPal Holdings Inc. has appointed Enrique Lores as President and CEO, effective March 1, 2026, succeeding Alex Chriss, to lead the company through its next phase of transformation in a rapidly changing payments industry [1][2]. Group 1: Leadership Transition - Enrique Lores has been on the PayPal Board for nearly five years and served as Board Chair since July 2024 [1]. - Jamie Miller will serve as Interim CEO until Lores officially takes over [1]. - David W. Dorman has been appointed as Independent Board Chair immediately [1]. Group 2: Board Evaluation and Expectations - The Board conducted a detailed evaluation of the company's position relative to competition and the industry landscape, noting that the pace of change was not meeting expectations [2]. - The Board believes Lores' extensive experience in technology and commercial sectors will provide the necessary leadership for PayPal's future [2]. Group 3: Lores' Background and Vision - Lores previously served as President and CEO of HP Inc., where he led significant strategic transitions and innovations, including expanding into AI-enabled offerings [3]. - Lores aims to strengthen PayPal's culture of innovation while ensuring timely execution and accountability for consistent quarterly performance [4]. Group 4: Industry Context - The payments industry is evolving rapidly due to new technologies, regulations, and competitive pressures, with AI reshaping commerce [4]. - PayPal's long-term success is believed to be rooted in its global scale, data, and strong relationships with consumers, merchants, and partners [4]. Group 5: Acknowledgment of Previous Leadership - The Board expressed gratitude to Alex Chriss for his contributions, including monetizing Venmo and growing the BNPL business [5]. - Chriss emphasized the importance of transitioning to a seasoned leader for the company's next phase [6].

Core Insights - PayPal Holdings, Inc. (NASDAQ:PYPL) is currently among the stocks with the lowest forward PE ratios, with a 19% drop in share price since the third-quarter 2025 earnings report [1] - The company anticipates a decrease in growth for fiscal year 2026, with operational expenses expected to rise at the same rate as trade margin dollars, which are projected to increase by 4% in FY26, down from 6% in FY25 [3] - Adjusted EPS growth is expected to be 8% in FY26, a decline from 15% in FY25 [3] Investment Outlook - BTIG has reaffirmed a Neutral rating on PayPal, noting that while investments in buy-now-pay-later services and agentic commerce are appropriate, a noticeable return on investment is not expected until at least FY27 [4] - The company operates a technology platform for digital payments globally, offering services under various brands including PayPal, Credit, Braintree, Venmo, Xoom, and Zettle [5]