PayPal CEO Alex Chriss implementing changes to improve business, predicts 8% increase in earnings.
From Nasdaq: 2025-03-09 09:45:00
PayPal Holdings (NASDAQ: PYPL) has faced challenges in recent years, leading to a 77% drop in stock value from its highs. New CEO Alex Chriss is implementing changes to improve the business, including the launch of a new commerce platform called PayPal Open. Despite this, the market remains pessimistic. However, updated guidance predicts an 8% increase in adjusted earnings per share for 2025, with further growth expected in the coming years. While there is uncertainty, Chriss has shown the ability to deliver results, making this a potentially opportune time to consider investing in PayPal stock.
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