PayPal’s Stablecoin Struggles Amid Earnings Optimism
PayPal's stock shows bullish signals ahead of its Q2 earnings report, with a golden cross pattern fueling investor optimism. Analysts project $8.08 billion in revenue, a modest 2.48% year-over-year increase, while EPS expectations hover at $1.30.
Yet the company faces headwinds as its PYUSD stablecoin loses market share to dominant rivals like Tether's USDT and RLUSD. Regulatory tailwinds from the GENIUS Act could provide relief, but PayPal must prove PYUSD can evolve into a high-margin growth engine to sustain its rebound.