Shares of financial technology (fintech) pioneer PayPal (NASDAQ: PYPL) are down more than 40% over the last five years and are down 80% from their all-time highs. Before I explain the company’s recent announcement that could finally help turn things around, allow me to explain some of the problems it’s dealing with. First, PayPal is struggling […]
Tag: PayPals
PayPal’s Revenue Continues to Climb. But 1 Important Metric Is Still Trending in the Wrong Direction
PayPal Holdings (NASDAQ: PYPL) is a financial-technology (fintech) pioneer that’s still extremely relevant. As of the first quarter of 2024, the company had 427 million active accounts. And its system processed over $400 billion in payments during Q1 alone. That’s a big platform that’s still getting plenty of use. As of this writing, PayPal stock is […]
PayPal’s Payment Volume Rises in Beginning of ‘Transition Year’
(Bloomberg) — PayPal Holdings Inc.’s payment volume climbed 14% in the first quarter on increased consumer spending globally, giving a boost to the firm’s shares in early trading. Most Read from Bloomberg Total payment volume was $403.9 billion in the first quarter, PayPal said in a statement Tuesday, topping analysts’ estimates of $392.9 million. For […]
PayPal’s Investors Can’t Turn a Blind Eye to This Startling Chart
PayPal‘s (NASDAQ: PYPL) stock closed at its all-time high of $308.53 on July 23, 2021. At the time, the digital payment provider dazzled the bulls with its robust growth rates and its plans to nearly double its number of active accounts from 377 million in 2020 to 750 million in 2025. It also aimed to […]
PYPL Stock: PayPal’s New CEO Touts Innovation Event Ahead Of Earnings Report
PayPal Holdings (PYPL) on Thursday plans to host an online presentation to tout new innovations the company plans to bring to market in 2024 ahead of its fourth quarter earnings report for PYPL stock on Feb. 7. PayPal stock has gained 7% in 2024 after falling 14% last year. X New Chief Executive Alex Chriss […]