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PayPal’s Stock Performance and Potential in the Digital Payments Space
PayPal’s Stock Performance and Potential in the Digital Payments Space
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PayPal (PYPL -0.22%), a dominant player in digital payments since its spin-off a decade ago, has seen volatile returns. A $1,000 investment at its debut WOULD have ballooned to $7,411 by July 2021's peak, only to retreat to $1,680 at current levels—underperforming the $3,220 return of a comparable index fund.
The company faced headwinds after eBay's 2018 decision to replace PayPal with a smaller rival, though pandemic-driven e-commerce growth temporarily masked the impact. Former CEO Dan Schulman's ambitious 2021 projections—doubling active accounts to 750 million and annual revenue to $50 billion by 2025—now appear strained as post-pandemic growth slows.
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