Still Down 80%, Did PayPal's Management Just Make a Big Move That Investors Will Regret Not Noticing Sooner?
Shares of financial technology (fintech) pioneer (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 to find top-line growth right now. The company's revenue was up only 8% year over year in 2023. And the first quarter of 2024 was only marginally better with 9% growth. That's far lower than what its investors are accustomed to.
Second, this meager revenue growth for PayPal has come at the expense of its profit margins. In addition to the fintech services most consumers are used to, the company also offers unbranded checkout products behind the scenes. And prices for these products were lowered to gain market share.
Source Fool.com
Paypal Holdings Inc Aktie
Paypal Holdings Inc sticht hervor mit 64 Buy- und nur 4 Sell-Einschätzungen.
Das von der Community festgelegte Kursziel von 75 € für Paypal Holdings Inc bedeutet eine mögliche Steigerung um über 20% im Vergleich zu 61.64 €.
