From Yahoo Finance: 2025-05-03 04:23:00

PayPal is shifting from a payments company to a commerce platform, showing signs of a turnaround with solid Q1 results. CEO Alex Chriss aims for profitable growth over revenue increase, reflected in Q1’s 1% revenue rise and 23% EPS climb. Total payment volume reached $417.2 billion, with active accounts up 2%. Venmo’s growth continues, with revenue up by 20% in Q1. Looking ahead, PayPal forecasts Q2 adjusted EPS to be between $1.29 to $1.31. The company maintains its full-year adjusted EPS forecast of $4.95 to $5.10, expecting an 8% growth at the midpoint. PayPal’s stock is cheap, trading at a forward P/E ratio of about 13 times 2025 analyst estimates. With a focus on innovation and profitability, PayPal is poised for a turnaround, making it a potential long-term winner.



Read more at Yahoo Finance: Does PayPal Stock Look Poised for a Turnaround?