2024-02-08 14:43:21 ET
Summary
- PayPal Holdings, Inc.'s user count continues to decline, raising concerns about the company's growth potential.
- Disastrous management decisions, including controversies and reputation damage, have further impacted PayPal's outlook.
- PayPal's Q4 earnings may appear solid, but the decline in active user accounts and worsening profitability indicate underlying challenges.
I've been bullish on PayPal Holdings, Inc. ( PYPL ) around the lows recently. I even wrote a bullish article about its rebound possibly being "epic" (if it occurs). Some of my reasoning behind my bullish thesis included PayPal's dirt-cheap valuation, increasing revenues, its slowdown possibly being transitory, significant market presence, a new management team, and other constructive factors....
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PayPal: Approaching Terminal Decline (Rating Downgrade)