Q3 2023 Earnings Summary
Reported on Nov 1, 2023 (After Market Close)
Pre-Earnings Price$51.66Last close (Nov 1, 2023)
Post-Earnings Price$55.05Open (Nov 2, 2023)
Price Change
$3.39(+6.56%)
- PayPal is leveraging its powerful two-sided network and extensive data to create personalized, frictionless checkout experiences, enhancing conversion for merchants and driving growth.
- The company is prioritizing the expansion and monetization of Venmo, a highly popular platform with significant demographic appeal, including early success with partnerships like Amazon and plans to broaden services and acceptance.
- PayPal is focusing on serving small businesses by leveraging PayPal Complete Payments and its two-sided network to help SMBs acquire customers and manage cash flow, representing a significant growth opportunity.
Research analysts covering PayPal Holdings.