PayPal: Strong Earnings But Stock Trailing Lower


  • PayPal reported strong Q1’24 earnings, beating estimates and showing healthy total payment volume and revenue growth.
  • The company’s new CEO, Alex Chriss, is implementing new business strategies and building a new C-Suite to turn PayPal into a more focused and profitable company.
  • Positive indicators of future growth include increased gross margin, expanded operating margins, and positive momentum in active accounts and revenue-driving metrics.

PayPal Headquarters


PayPal (NASDAQ: NASDAQ:PYPL) reported Q1’24 earnings on April 30th and beat estimates. However, the stock price still trended down and is trading below its April 30th per-share price of $67.92. I still believe PayPal is still in a strong position to meet

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