Will PayPal Be a Trillion-Dollar Stock by 2025?
When eBay spun off PayPal (NASDAQ: PYPL) in an IPO in 2015, the online payments company was worth about $45 billion. Today, PayPal has a market cap of just over $300 billion.
PayPal's annual revenue grew from $9.24 billion in 2015 to $21.45 billion in 2020, as its number of active accounts rose from 179 million to 377 million. It ended the second quarter of 2021 with 403 million active accounts, and it expects its revenue to rise about 20% to $25.75 billion for the full year.
PayPal clearly flourished after the spinoff, even as it lost eBay to its Dutch rival Adyen and faced aggressive fintech challengers like Square. But will PayPal's growth streak continue, pushing its valuation toward the trillion-dollar mark by 2025?
Source Fool.com
