PayPal Holdings, Inc. (PYPL) Faces Pressure as Revenue Falls Short and CEO Change Looms

Core Insights - PayPal Holdings, Inc. (NASDAQ:PYPL) has announced a leadership change, with Enrique Lores set to replace Alex Chriss as CEO due to the company's poor performance, leading to a significant drop in share price [2][3] - The company's fourth quarter revenue was reported at $8.68 billion, with earnings per share of $1.23, both falling short of analysts' expectations [2] - PayPal's growth in branded online checkouts has decreased to 1% from 6% year-over-year, attributed to global economic challenges and reduced retail spending in the US [2] Company Performance - The stock experienced a decline of up to 19%, marking the largest intraday drop in nearly four years following the announcement of the CEO change and disappointing financial results [2] - For the entire year, earnings per share were reported at $5.31, which was below expectations, and a slight decrease in transaction margin dollars is anticipated for 2026 [3] Leadership Changes - Enrique Lores, previously the CEO of HP Inc., will take over as CEO on March 1, with Jamie Miller serving as interim CEO until then [2][3] - The leadership transition comes after Chriss canceled earlier projections and did not meet turnaround goals set for the company [3] Business Overview - PayPal Holdings, Inc. develops technological platforms that facilitate digital payments and enhance commerce experiences for both merchants and consumers globally [4]