PayPal Didn't Shock the World. What's Next for Investors?
To say PayPal's (NASDAQ: PYPL) stock has struggled over the past three years is a bit of an understatement. Heading into 2024, the stock saw negative returns the past three years, and it was down nearly -75% during that period.
Looking to spark interest in the stock, new CEO Alex Chriss stated during a CNBC interview that PayPal would "shock the world" at an Innovation event it was holding in late January.
The event didn't exactly leave investors in awe, however, as the event focused on PayPal's Artificial Intelligence (AI) ambitions. In 2024, improving products through AI isn't exactly cutting edge. Meanwhile, the stock sold off a couple weeks later after the company reported its Q4 results.
Source Fool.com
Paypal Holdings Inc Stock
€60.94
-0.180%
With 55 Buy predictions and 2 Sell predictions Paypal Holdings Inc is one of the favorites of our community.
With a target price of 78 € there is a positive potential of 27.99% for Paypal Holdings Inc compared to the current price of 60.94 €.
