During the pandemic PayPal thrived and its annual revenue increased from $17.5B in 2019 to $25B in 2021. After the end of pandemic, people started to go out and use more cash for purchases. Also its long term agreement with eBay ended in 2020. These factors led to its share price decline from $290 in September 2021 to $75. Although the company is still financially strong with market capitalisation of $84B and EBITDA of $5B, it’s uncertain if it can keep growing, particularly that its long time CEO is going to retire by end of 2023. What do you think?
[link] [comments] https://www.reddit.com/r/stocks/comments/13cm7g6/where_paypal_is_going/
Login to add comment
Other posts in this group
Please use this thread to discuss your portfolio, learn of other stock tickers, and help out users by giving constructive criticism.
Why quarterly? Public comp
When you sell a stock to buy another stock, do you prefer to set the estimated amount of the capital gains taxes aside in a money market or do you think it better to
Saving for retirement is crucial, but relying solely on a 401(k) might not be enough due to high inflation. Consider investing in growth stocks, especially in the tec
I’m think this is not a good investment as there is no chatter at all on the 52 week low. They are involved in a class action lawsuits by investors and credit card co
Sorry if this is the wrong sub. Let’s say I had $1 million in VOO but I wanted to sell half of it to buy SCHD. It would suck to pay taxes on $500k. So how would you g
Hey guys, I did a deep dive into Crocs. In this analysis, I will do a brief breakdown of the company and go over some quantitative data, qualitative data and estimate
