PayPal Holdings Inc. (NASDAQ:PYPL) Q1 2024 Earnings Conference Call April 30, 2024 8:30 AM ET Company Participants Alex Chriss – President, Chief Executive OfficerJamie Miller – Executive Vice President, Chief Financial OfficerRyan Wallace – Head of Investor Relations Conference Call Participants Tien-Tsin Huang – JP MorganDarrin Peller – Wolfe ResearchTimothy Chiodo – UBSRamsey El-Assal –…
martin-dm/E+ via Getty Images Investment Thesis I believe PayPal’s (NASDAQ:PYPL) conservative reset of expectations for this quarter (via the guidance they gave last quarter) sets the company up for a strong buy despite recent underwhelming quarters. The fintech’s upcoming earnings announcement has set expectations at a consensus EPS estimate at $1.22, up 4.31% YoY. Revenue…
JasonDoiy The following segment was excerpted from this fund letter. PayPal (NASDAQ:PYPL) PayPal has been a long-standing holding for Wedgewood, since 2015. After taking some of our gains around the company’s COVID-19-fueled peak in 2021, we have been adding to the stock slowly over the past two years, taking it back to a significant position…
Michael Vi/iStock Editorial via Getty Images PayPal Holdings, Inc. (NASDAQ:PYPL) investors have endured another roller coaster ride over the past two months, following PayPal’s relatively weak guidance at its fourth-quarter earnings call in early February 2024. As a reminder, I upgraded my thesis on PYPL to a Buy pre-earnings, as I assessed that buying accumulation…
bizoo_n My Thesis I believe the recent shift in PayPal Holdings, Inc.‘s (NASDAQ:PYPL) management has been a real game changer. Against the backdrop of continued product expansion, underestimated market expectations for future earnings, and favorable valuations, PYPL stock remains one of the most obvious large-cap”Buy” ideas right now. My Reasoning In January 2024, I initiated…
Justin Sullivan In my opinion, one of the best and most interesting companies on the market today is payment processing giant PayPal (NASDAQ:PYPL). Due to some growth-related issues, the company has had a rather difficult time from a share return perspective in recent years. Over the past 12 months, the stock is down 12.3%. And…
Justin Sullivan I am a PayPal (NASDAQ:PYPL) bull who believes their Meta Platforms (META) moment will occur, but I am an unhappy shareholder. After PYPL’s Q4 earnings, I posted a tweet where I expressed my dissatisfaction directly to Alex Chriss (PayPal CEO). After going back and rereading the Q4 2023 conference call transcript (can be…
SOPA Images/LightRocket via Getty Images Introduction Being a PayPal Holdings, Inc. (NASDAQ:PYPL) investor has been particularly frustrating. Since its peak in July 2021, the stock is down 80%. Furthermore, the stock has been bleeding slowly over the last twelve months, making lower lows and lower highs. As investors try to look past PayPal’s dismal years,…
Founders Fund, the venture capital firm founded by billionaire Peter Thiel, has invested $100 million in bitcoin, sources exclusively informed Reuters. The firm allocated $200 million to acquire Bitcoin and another cryptocurrency, evenly split between the two. This maneuver further highlights the return of institutional investors to Bitcoin. Founders Fund, an early institutional investor in…
NurPhoto/NurPhoto via Getty Images PayPal Holdings, Inc. (NASDAQ:PYPL) continues to be a huge disappointment for investors. Following earnings last week, the stock declined as much as 11.5% the next trading day and although it recovered a bit on Friday, the stock is once again close to the multi-year lows of $50. Right now, PayPal is…
Sean Anthony Eddy Thesis Summary PayPal (NASDAQ:PYPL) is making headlines as the company has announced a new CEO, Alex Chriss. Markets have so far received this news well, with the stock up over 10% in the weeks following the announcement. Chriss has promised to deliver innovation to the company with hopes of reversing the trend…
Erikona Investment Thesis There have been numerous articles published on Seeking Alpha analyzing PayPal (NASDAQ:PYPL). Most discussions appropriately touched on PYPL’s share buyback program, their collaboration with KKR to sell buy-now-pay-later (BNPL) debt, the sale of Happy Returns, the new management team, opportunities with Braintree’s unbranded checkout solutions, and PYPL’s leadership position globally. While these…
Editor’s note: Seeking Alpha is proud to welcome Emir Mulahalilovic as a new contributor. It’s easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » Justin Sullivan PayPal (NASDAQ:NASDAQ:PYPL) is a company that operates…
Justin Sullivan Investors in PayPal Holdings, Inc. (NASDAQ:PYPL) are likely assessing whether the worst in its price decline could be over since my previous update in October (pre-earnings). I argued that while PYPL is expected to “stage a momentary reversal given oversold conditions,” there’s still much for PYPL buyers to prove to untether it from…
Justin Sullivan A Great Paradox What would you think if I told you a major American tech business that is growing its core operations while enjoying numerous tailwinds has dramatically underperformed the market in the past 5 years? While the market is great at allocating capital to good businesses over time, sometimes Wall Street can…
Userba011d64_201 Introduction Because I create my own investing strategies and techniques rather than adopting or mimicking the strategies of other investors I always like to begin my articles by reviewing the performance of any past coverage of a stock I have shared so readers have at least some performance data to reference. For many years…
Justin Sullivan The hatred runs deep I previously wrote about another fin-tech, a strong buy, clobbered 80% down – Block Inc. (SQ). I also noted that I have started to buy PayPal Holdings Inc. (NASDAQ:PYPL), similarly down nearly 80%, this stock has some fundamental advantages and disadvantages to the Block Inc. pick. Block is growing…
sefa ozel We previously covered PayPal Holdings (NASDAQ:PYPL) in August 2023, discussing Mr. Market’s overreaction then as the stock sold off attributed to its declining active accounts. We had continued to rate the stock as a Buy at that time, due to the improved upside potential, early signs of e-commerce recovery, and exemplary growth in…
Anderson Coelho/E+ via Getty Images Investment Thesis In early October, I shared my bullish perspective on PayPal (NASDAQ:PYPL), deeming it a Buy. Following the recent Earning Reports, my conviction has only strengthened. The latest earnings call held no significant surprises, with earnings slightly surpassing consensus expectations. These results align with our Discounted Cash Flow growth…
SIphotography/iStock via Getty Images Investment Thesis PayPal (NASDAQ:PYPL) recently released a meek and lackluster earnings report. And yet, this has led to my recommendation to buy the stock. Why, you ask? In my experience, global brands occasionally undergo a price drop, making them appealing at around 10x EPS. Looking ahead to the next twelve months,…
With this approval, PayPal joins firms like Interactive Brokers, Bitstamp, and Komainu that have been granted crypto registration this year. Payments company PayPal Holdings Inc (NASDAQ: PYPL) has received approval from the UK’s Financial Conduct Authority (FCA) to offer cryptocurrency services. Official FCA data shows that as of October 31, 2023, PayPal is registered for…
chameleonseye PayPal stock (NASDAQ:PYPL) continues to trend lower, with shares now down more than 80% from 2021 highs. In 2023 alone, shares lost close to 30% in value, while the S&P 500 (SP500) is up more than 10%. Seeking Alpha It is no understatement to say that PayPal shareholders are suffering. And those investors, myself…
Justin Sullivan I have been absolutely incorrect, as PayPal (NASDAQ:PYPL) shares have fallen through their short-term resistance level. I have been following PYPL closely and still feel it’s one of the most mispriced equities in the market today. Since my previous article on PYPL, which was published on 8/25/23, shares have declined by 12.46% compared…
Justin Sullivan During the pandemic, PayPal Holdings (NASDAQ:PYPL) was riding high, with its stock trading around $300 in 2021. However, times have changed and the stock price has plummeted to a six-year low, losing 35.11% value over the last year. Recent years have been unkind to PayPal due to the end of its 19-year partnership…
Sean Gallup Investment Thesis While PayPal’s (NASDAQ:PYPL) stock has recently hit a six-year low at $53.94 per share, the anticipation of a remarkable threefold increase in the projected EPS to $4.95 for the coming year paints a compelling growth story. Despite this growth potential, the stock price hasn’t seen a corresponding uptick, raising questions about…
chameleonseye PayPal Holdings, Inc.’s (NASDAQ:PYPL) recent financial performance showcased impressive momentum with a rise in net revenues and notable improvements in GAAP and non-GAAP operating income. The company observed growth in its Total Payment Volume (TPV) and transaction count, pointing to a bolstered transactional base. Active account numbers also slightly increased, emphasizing the company’s prominence…
hapabapa Focused on the Fundamentals In a recent Management Meeting, PayPal (NASDAQ:PYPL) executives went into details on some key business initiatives that they are rolling out. I want to highlight a few of these as they look promising for future earnings growth. Before I get started on this, I want to provide some helpful background…
Justin Sullivan We rate PayPal (NASDAQ:PYPL) as a hold as, in our view, the company does not have a clear catalyst for the short term or middle term, making the long term even more uncertain; we think that an underweight would be a more exact rating. The stock price has dropped more than 80% from…
Despite entering the list of approved digital assets, PayPal’s PYUSD stablecoin may not experience the instantaneous adoption initially anticipated following the launch. Crypto.com, a Singapore-based digital assets trading platform, has formed a strategic alliance with PayPal and Paxos to strengthen its global standing as the preferred exchange for the PayPal stablecoin PYUSD. The move builds…
Despite the slow uptake, the transparency report suggests that PYUSD is effectively backed up by reverse repurchase agreements. Payment giant Paypal has shared its first PayPal USD (PYUSD) transparency report with the public. The report comes 39 days after it announced the launch of the stablecoin. PayPal unveiled its PYUSD stablecoin on August 7. The…
In a surprising turn of events, PayPal, the global online payments giant, reportedly overpaid a staggering $510,750 on a Bitcoin transaction fee. The incident, initially thought to be a “fat-fingered” mistake, has now been traced back to an issue within PayPal’s processing system, according to a report by Mempool’s Mononautical. This is the largest fee ever paid…
PayPal says that by launching the new service to USD on ramp, it hopes to simplify customer interactions with cryptocurrencies. Payments giant PayPal Holdings Inc (NASDAQ: PYPL) is expanding services offered as part of its expansion into the crypto sector. Following its launch of an on-ramp function that lets customers buy crypto, PayPal has launched…
In a recent appearance on CNBC’s Squawk Box, former PayPal President David Marcus shared his vision for Bitcoin, aiming to transform it into a global payment network. Marcus, who is the CEO of Lightning Network infrastructure company Lightspark, emphasized the importance of expanding Bitcoin’s utility beyond just a store of value. During the interview, Marcus…
PayPal Holdings, Inc. (NASDAQ:PYPL) Goldman Sachs Communacopia & Technology Conference Call September 7, 2023 4:00 PM ET Company Participants Dan Schulman – President & CEO Conference Call Participants David Solomon – Goldman Sachs David Solomon So good afternoon, everybody, and welcome, Dan. Welcome. I’m thrilled to have Dan here. I don’t think needs a big…
The Colorado Division of Motor Vehicles (DMV) has announced that it now accepting Bitcoin and cryptocurrency as a payment option through PayPal for Coloradans to renew driver’s licenses, identification cards, and vehicle registrations. “At the DMV, we’re always looking for ways to better serve Coloradans and leverage technology to offer our services,” said Senior Director Electra…
Justin Sullivan Introduction: Taking a macro perspective, the market is finding it difficult to generate growth. For the S&P 500 during the second quarter of 2023 (with over 480 firms already reported), companies posted modest annual revenue growth (only +0.8%) and earnings fell by (-8.5%). We like to differentiate between cyclical and secular growth and…
TadejZupancic We’re downgrading PayPal Holdings, Inc. (NASDAQ:PYPL) to a hold this quarter; while we think macro weakness has been priced into the stock for the most part, we don’t see PayPal outperforming in the near-term due to current macro dynamics. We think the two metrics that’ll drive the stock’s outperformance would be an increase in…
In an announcement on August 16, the company said it had integrated its Ledger Live app with PayPal. Crypto security firm Ledger, known for its hardware wallets, has joined forces with PayPal, an online payment platform based in the United States, to provide on-ramp payment solutions to users. Through this integration, customers can purchase cryptocurrencies…
While PayPal’s new crypto service allows users to explore the crypto industry, access to this innovative feature has been restricted in certain jurisdictions and for specific individuals. Leading American payment company PayPal has taken another step into the digital asset industry with the launch of its Cryptocurrencies Hub. This feature allows users to interact with…
The introduction of PayPal stablecoin (PYUSD) represents a groundbreaking development in the realm of stablecoins and digital currencies. In a recent move that captured the attention of the financial world PayPal Holdings Inc (NASDAQ: PYPL) announced the launch of its own stablecoin PayPal USD (PYUSD). While the launch of PYUSD is expected to drive efficiencies…
David Schwartz seems unsurprised that the Fed is reacting negatively to the new stablecoin issued by PayPal. Ripple’s chief technology officer (CTO) David Schwartz has commented on the increased regulatory requirements imposed by the US Fed for the country’s cryptocurrency environment. Schwartz tweeted a shady remark, referring to PayPal’s newly launched stablecoin (PYUSD) and whether or not…
US House leadership is calling for robust regulatory framework for the new PayPal stablecoin despite being on opposing ends of the discuss. The leadership of the United States House of Representatives is reacting to the USD stablecoin that PayPal Holdings Inc (NASDAQ: PYPL) recently launched. While a Republican leader generally has positive sentiments toward the…
PayPal’s recent entry into the stablecoin arena with PYUSD is marked by both anticipation and caution. Despite the promising prospects of stablecoins, challenges, and uncertainties loom on the horizon. The entry of PayPal Holdings Inc (NASDAQ: PYPL) into the stablecoin space, highlighted by the launch of its own dollar-pegged digital asset, PayPal USD (PYUSD), has…
I going to make a greatest artwork as I can, by my head, my hand and by my mind. This may be just what the crypto payments space needs. PayPal Holdings, Inc. (PYPL) is getting into the stablecoin business. It is the first major financial institution to go so far into this market. PayPal USD….
PayPal assures its users that PYUSD is fully backed by USD, reserve with funds supporting the stablecoin, while addressing concerns about issuing unbacked tokens. The payment giant is stepping into the crypto market with the introduction of its native stablecoin PayPal USD (PYUSD). The crypto which was announced in January has finally been launched. Stablecoins…
Despite investor disappointment, CEO Dan Schulman is confident that Q2 2023 shows that PayPal is on the right path to growth. Online payments company PayPal Holdings Inc (NASDAQ: PYPL) has released its Q2 2023 report showing figures that disappointed investors. The company’s shares fell 7% in response to the figures. PayPal reported its adjusted operating margin for Q2 2023…