chameleonseye PayPal Holdings, Inc. (NASDAQ:PYPL) stock used to trade around $300, hitting a high of about $310 in 2021. However, poor management decisions, a slow economic environment, high interest rates, worsening sentiment, higher costs, and other factors caused PayPal's stock to melt to a low of just $50 in recent months. PYPL (StockCharts.com) This monstrous decline illustrates an epic drop of 84%. PayPal probably bottomed, and we could see an epic recovery from here. Despite the transitory issues, Pa ...

Shares of financial-technology (fintech) pioneer PayPal (PYPL -1.12%) dropped 13.8% in 2023, according to data provided by S&P Global Market Intelligence. And late in the year, the stock was even down as much as 29% before rallying slightly during the last couple of months.Looking at the full-year chart is helpful in identifying the defining moments of 2023 for PayPal. As seen below, the stock had outsized drops in February, May, and August, which coincides with releasing quarterly financial results. When i ...

Paypal (PYPL) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this technology platform and digital payments company have returned +2% over the past month versus the Zacks S&P 500 composite's +2.9% change. The Zacks Internet - Software industry, to which Paypal belongs, has gained 5.6% over this period. Now the key question is: Where could the stock be headed in the near term? ...

The fintech landscape is rife with competition. Unicorn start-ups such as Stripe and Plaid have taken on the world's largest payment processors, while buy now, pay later functionality is all the rage among e-commerce platforms.PayPal (PYPL 0.57%), which is one of the longest-tenured giants in online financial services, has been anything but immune to the rising competition among fintech businesses. This 2015 spin-off from eBay currently trades 80% below all-time highs set in mid-2021. Given such a precipito ...

PayPal (NASDAQ:PYPL) boasts impressive U.S. adult usage over the past five years. Currently, more than 70% of the adult American population uses this platform, highlighting PYPL stock’s strong brand recognition and user loyalty. Indeed, PYPL stock has been solidified as a preferred payment method, providing a robust foundation for future growth strategies in the U.S. payment ecosystem.PayPal did face challenges this past year, witnessing a 17% stock value decline. Despite past struggles, optimism arises fro ...

Last year wasn't the best for PayPal (PYPL -0.31%). The one-time top growth stock ended the year down 14%, and it's still trying to find its footing as it deals with challenges on several fronts. Investors have lost confidence.But are they getting it wrong? Let's see why there's so much pessimism, how PayPal is responding, and whether PayPal can still be a millionaire-maker stock.Is it really as bad as you think?PayPal's growth has slowed after soaring during the early stages of the pandemic lockdowns. Sale ...

The Street’s worries about PayPal (NASDAQ:PYPL) stock are way overdone. Eventually, these concerns, pushing the shares down 80% from their August 2021 high of $289, will become much less intense, enabling PYPL stock to soar far above its current levels. Specifically, investors’ trepidation about PayPal’s falling profit margins and its competition from Apple (NASDAQ:AAPL) will eventually be unfounded. As a result, I view PYPL as a strong buy at its current levels.Also importantly, the company’s new CEO is li ...

Elon Musk emerges as one of the most accomplished entrepreneurs, with a substantial net worth of around $251.3 billion as of December 31, 2023. Naturally, investors are intrigued by Musk’s investment strategies.Musk’s approach to investments seems clear-cut, especially considering his public disclosures. His investment portfolio consists of companies under his direct influence or ownership and ventures in areas like cryptocurrencies.Remarkably, Musk chooses not to uphold an extensive collection of publicly ...

Justin Sullivan Investors in PayPal Holdings, Inc. (NASDAQ:PYPL) are likely assessing whether the worst in its price decline could be over since my previous update in October (pre-earnings). I argued that while PYPL is expected to "stage a momentary reversal given oversold conditions," there's still much for PYPL buyers to prove to untether it from its bearish bias. Accordingly, PYPL has outperformed the S&P 500 (SPX) (SPY) since my previous update, as dip-buyers attempted to hold its October lows. However, ...

PayPal (PYPL -2.65%) has had a terrible year. As of Dec. 28, the stock is down 11% in 2023, a huge disappointment compared with the impressive gains of the major market indexes.Since its spin-off from eBay in July 2015, PayPal's best year was 2020, when the shares soared 116%. Investors want a repeat of this type of performance.Better days might be on the horizon. As we set our sights on the future, here's why 2024 could be this fintech stock's best year ever.A fresh perspective can work wondersThe first th ...