The pandemic accelerated the trend to digital payments, and PayPal (PYPL -3.16%) was a big winner. The company saw staggering growth and topped $1 trillion in total-payment volume in 2022, and the stock traded at a sky-high valuation.However, the past few years have challenged the fintech. Discretionary spending dropped amid high inflation, and its staggering growth slowed. The company shifted its strategy, hired a new CEO, and is working to reinvent itself and hold on to its leadership position in the paym ...

Intraday price action often doesn’t tell the entire story when it comes to specific stocks. That’s a narrative I think probably describes PayPal (NASDAQ:PYPL) stock well today. Down nearly 3% in early afternoon trading, PYPL stock appears to be seeing a consolidation move after a nice period of strong gains over the past three months.That said, there are some bullish catalysts certain investors are watching closely. Notably, the company’s recently-announced upcoming “First Look” keynote on Jan. 25 is raisin ...

Paypal (PYPL) shares rallied 6% in the last trading session to close at $65.82. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 0.1% gain over the past four weeks.PayPal extended its rally, driven its portfolio strength. Growing customer engagement on the company’s platform is leading to increase in net new active accounts. Additionally, solid momentum of core peer to peer, buy now pay later services and PayP ...

PayPal (PYPL 0.47%) has a more than two-decade history as a leader in the digital payment space. This first-mover advantage has brought PayPal global recognition as a trusted and convenient way to move money around.However, the stock has been a huge disappointment. It dropped 14% in 2023, and at recent prices, it's 79% below its peak price from July 2021. Investors are hoping that things can improve going forward.Where will this top fintech stock be in three years? Let's take a closer look at PayPal's poten ...

Previous months for PayPal (NASDAQ: PYPL) stock were less than exciting, but since 2024 started, this asset has posted healthy numbers, and investors are waiting to hear from the new CEO, Alex Chriss.Namely, the newly appointed CEO argued that PayPal needs to deliver more innovation to its users in an interview on January 17.“It is very clear what we need to do. 2024 will be a transition year for us. It’ll be all about execution, and it starts with innovation.”The specifics of his innovative ideas will be u ...

Fool.com contributor Parkev Tatevosian will conduct a financial statement analysis of PayPal (PYPL 6.01%) stock in this brief video. *Stock prices used were the afternoon prices of Jan. 18, 2024. The video was published on Jan. 20, 2024. ...

PayPal Holdings Inc. (NASDAQ: PYPL) faced a decline in value since 2021 due to stock market doubts and a competitive landscape. Analysts attribute part of the challenges to the Federal Reserve’s interest rate hikes starting in early 2022.However, a more optimistic macroeconomic scenario could set the proper conditions for a bullish turnover for PayPal shareholders. Moreover, Alex Chriss appeared for the first time for an interview on CBNC since stepping into the CEO role.In the interview, Chriss promised to ...

PayPal Holdings Inc.’s stock is finishing off the week on a good note.Shares of the payment-technology company PYPL, +6.23% were rising 5.5% in Friday afternoon action, sitting as the second-best performer in the S&P 500 SPX with about two hours left in trading. They’re on track for their highest close since Aug. 2, 2023, when they closed at $73.20. PayPal is on a bit of a hot streak as well, now up for three sessions in a row and ahead 12.1% over that span. The run puts the stock on track for its best thre ...

Paypal (PYPL) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this technology platform and digital payments company have returned +0.1% over the past month versus the Zacks S&P 500 composite's +0.9% change. The Zacks Internet - Software industry, to which Paypal belongs, has gained 4% over this period. Now the key question is: Where could the stock be headed in the nea ...

The payments-processing space has become increasingly crowded in the 2020s. Along with that, PayPal (NASDAQ:PYPL) has the additional challenge of transitioning a new CEO and a new chief financial officer (CFO) into those roles at the company. Thus, I view PYPL stock as a “sell” as PayPal’s comeback is far from assured. And, if it happens at all, might take a very long time.Making matters worse, PayPal just got downgraded by an analyst who issued an important warning for prospective investors. So, we’ll defi ...