This once high-flying fintech stock has become ridiculously cheap.PayPal (PYPL 2.39%) is down by about 80% from its 2021 highs, and to be fair, there are some good reasons why. At that point, the company's leadership was telling investors that the platform would reach 750 million active users within the next few years (it was around 400 million at the time).Not only did that turn out to be unachievable, but PayPal's active user base completely stagnated -- and continues to slowly decline. In addition, there ...

Down 80% from its 2021 peak during the pandemic, PayPal (NASDAQ:PYPL) stock is in long-term decline and not worth risking capital on. The switch to online commerce during the pandemic temporarily boosted PayPal’s stock price, ending a decade long struggle. Since the previous bull market ended three years ago, PayPal has once again resumed its downward trajectory as it loses market share to competitors. This makes PYPL stock a security to avoid.Creative AccountingSome confusion was created when PayPal report ...

It has been about a month since the last earnings report for Paypal (PYPL) . Shares have lost about 7.7% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Paypal due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. PayPal Q1 Earnings Beat Estimates, Revenues Up Y/YPayP ...

Digital payment platform PayPal Holdings Inc (NASDAQ:PYPL) is up 3.4% at $63.13 at last glance, after an upgrade from Mizuho to "buy" from "neutral." The firm also threw in a hefty price-target hike to $90 from $68, a 47.4% premium to last session's close, praising the company's Fastlane option, which aims to boost the speed of guest checkout. It's also worth noting that PayPal announced that it was launching an ad network based on user purchase data from millions of its shoppers earlier this week. Headed f ...

Justin Sullivan My first article on Seeking Alpha featured PayPal (NASDAQ:PYPL), a company that was priced in the market as if it wouldn't grow at all for the next 10 years. At the time, PayPal was trading at $60 per share and has not done much since, but was I wrong in my assessment? There have been two quarterly reports since then, and PayPal is, in fact, still growing across all key performance indicators. In this article, I will revisit the thesis, expand upon my thoughts, and derive a conclusion. Any g ...

PayPal says its stablecoin — PayPal USD (PYUSD) — is now available on the Solana blockchain.The move is designed to make the stablecoin faster and cheaper to use, giving users the choice of multiple blockchains for more flexibility and control, according to a Wednesday (May 29) news release.“The Solana blockchain is known for processing massive amounts of transactions at high speeds with extremely low costs, providing significant benefits for commerce use cases,” PayPal said in the release.It’s also the mos ...

Crypto.com, Phantom and Paxos are first to provide onramps to use PayPal USD (PYUSD) on Solana blockchain  SAN JOSE, Calif., May 29, 2024 /PRNewswire/ -- At Consensus 2024, PayPal Holdings, Inc. (NASDAQ: PYPL) announced that PayPal USD (PYUSD) is now available on the Solana blockchain, making PayPal's stablecoin faster and cheaper to use. The availability of PYUSD on Solana provides users1 with the choice of multiple blockchains allowing for increased flexibility and control. The Solana blockchain is known ...

PayPal is reportedly developing an advertising sales business built on its user data.The payments giant would create this ad network using data from user purchases as well as wider spending patterns from the millions of people using PayPal and Venmo, The Wall Street Journal (WSJ) reported Tuesday (May 28).According to the report, PayPal has tapped Mark Grether, one-time head of Uber’s ad business, to oversee the project as senior vice president and general manager of its newly-created PayPal Ads division.Gr ...

SAN JOSE, Calif., May 28, 2024 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced new leadership appointments that will drive the creation of a new advertising platform and strengthen the company's consumer value proposition. Mark Grether will join on May 28 as SVP, General Manager, PayPal Ads, and John Anderson has joined as SVP, General Manager, Consumer Group. Grether and Anderson will report to Diego Scotti, EVP, General Manager, Consumer Group and Global Marketing & Communications. Ad ...

Alistair Berg Prelude I first covered PayPal Holdings (NASDAQ:PYPL) at the end of December with a Strong Buy rating, stating that the bull case is compelling and bear case is crumbling. I followed this up with an earnings review after Q4 report and another Strong Buy rating. The company is lagging the S&P over both time frames. While the stock has been range bound for months, my conviction remains unchanged in the value presented by this stock. I reiterate my Strong Buy rating for the reasons I'll discu ...