PayPal (PYPL -11.24%) has been one of the worst performers of the past couple of years. After the company experienced massive growth during the early days of the COVID-19 pandemic, its numbers started to slow down quickly, and investors realized that management's goal of reaching 750 million active users in the next few years was unrealistic.As a result, the stock fell dramatically and remains down by more than 80% from its 2021 high. It's certainly down for a reason -- but at a valuation of about 12x free ...

Not much is going right for PayPal (PYPL -11.24%) these days.It's losing market share to competitors like Apple. Its payment volume is shifting to lower-margin channels like Braintree, and it continues to lose customers, even as it competes in a growth industry: digital payments.Investors were reminded of all of those problems when the fintech giant reported fourth-quarter earnings on Wednesday, and they didn't like what they heard. PayPal stock was trading down 10% as of 2:26 p.m. ET for the week, accordin ...

Is PayPal getting ready to offer “offline” payments?The company seems to be indicating a move in that direction as new European Union regulations go into effect for its partner Apple, per a report Thursday (Feb. 8) by TechCrunch. As that report noted, the coming Digital Markets Act (DMA) — while aimed at tech giants like Apple — would impact PayPal by allowing third-party apps to access the near-field communication (NFC) technology that powers Apple Pay. Under the new guidelines, iPhone users will be able t ...

Paypal (NASDAQ: PYPL) has had it rough. In putting together this PYPL stock forecast, I decided to look at the broader sector. Payment stocks are doing well right now. Consumers are spending, especially in the U.S. People prefer plastic to paper, even for small transactions. Thus, payment processors are trading at a premium to the market. Visa (NYSE:V) goes for 32 times earnings. Fiserv (NYSE:FI) sells for 29 times earnings. Even Capital One Financial (NYSE:COF), which made its name as a credit card bank, i ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

PayPal and Ralph Lauren are moving in opposite directions after their quarterly reportsAmid a flood of quarterly earnings results, two reports stand out from the pack. Fintech stock PayPal Holdings Inc (NASDAQ:PYPL) and retailer Ralph Lauren Corp (NYSE:RL) are making strong post-earnings moves, while e-tailer Shopify Inc (NYSE:SHOP) readies for the release of its own quarterly financial results.PayPal Stock Lower After Weak GuidanceAt last check, PYPL was 10.5% lower to trade at $56.58. While the online pay ...

Shares of PayPal Holdings (PYPL -10.35%) slumped out of the gate Thursday, falling as much as 11.4%. As of 11:51 a.m. ET, the stock was still down 11.3%.The catalyst that sent the fintech company lower was its quarterly financial report. While the results edged past expectations, its guidance sent a shiver through investors.A stalled turnaround?For the fourth quarter, PayPal generated net revenue that climbed 9% to $8 billion. This resulted in adjusted earnings per share (EPS) of $1.48, up 19%.To put this i ...

PayPal Holdings, Inc. (PYPL) reported non-GAAP earnings of $1.48 per share for fourth-quarter 2023, which beat the Zacks Consensus Estimate by 8.8%. The figure improved 19% on a year-over-year basis.Net revenues of $8.03 billion exhibited year-over-year growth of 9% on an FX-neutral basis, as well as on a reported basis. The figure surpassed the Zacks Consensus Estimate of $7.88 billion.Growing transaction and other value-added services’ revenues drove top-line growth year over year in the reported quarter. ...

PayPal (NASDAQ:PYPL) stock is sinking 9% as of this writing after the firm estimated that its profit would be flat this year compared with 2023. This news is troubling some investors and has spurred Morgan Stanley to cut its price target on PYPL stock. A number of other analysts have also lowered their price targets on PayPal shares in response.For 2024, PayPal expects to generate earnings per share, excluding some items, of $5.10. That’s unchanged from the EPS the company reported for 2023. New PayPal CEO ...

PayPal Holdings Inc. hit the reset button once again, and its shares were tumbling in Thursday’s premarket trading as some on Wall Street continued to express skepticism about the ease of the company’s turnaround. Despite “bold efforts” by management in the middle of the quarter “to rejuvenate a story which many investors had abandoned,” Wells Fargo analyst Andrew Bauch said that PayPal’s PYPL, -0.74% latest results and outlook were “more likely to vindicate the perma-bears and leave the want-to-be-bulls in ...