PayPal is popular when shopping online. (Photo: Freepik, Oporty)
San José – The new CEO Alex Chriss 2024 had called out as a transition year – it went pretty well on the stock exchange: around 38 percent rose PayPal and left the S&P 500 behind. Today the world’s popular payment pioneer puts his Report for the 4th quarter and the year 2024.
Does the stock exchange for PayPal even go up? At $ 87.55, the course currently lists (yesterday, 16.30 CET). The Course-profit ratio can already be considered decent with over 18. Further stock returns or a dividend seem there In the area of possible.
3. Quarter: Less sales than expected – forecast for 4th quarter
It was not completely satisfactory that fell Report on the 3rd quarter out of. However, the profit per share ($ 1.20) does not exceed the expectations, sales ($ 7.85 billion). However, the payment volume increased by 9 percent to $ 422.6 billion – slightly more than estimated.
PayPal’s forecast for the 4th quarter has disappointed the analysts, only expects low -level sales growth. The fact is: the recently strong economy and the mood of the purchase could begin the payment activity, as the quarterly reports from Visa and Mastercard show.
CEO Chriss sees progress-successful quick checkout
“We are making solid progress in our transformation”, emphasized CEO Alex Chrisswho competed in 2023 to make the company more profitable, at the end of October. He named innovations as important success factors, new partnerships in the trade industry and marketing campaigns.
When Chriss started, the so-called take rate was declining-the proportion that remains of every turnover of PayPal. The new CEO wants to turn the trend for the dealers. For example, he was able to successfully establish the fast checkout Fastlane-paying with one click.
Higher fees for dealers – new options for users
But PayPal, which is only moderately popular with dealers, Also turns on the price screw: So the payment service has the Fees lifted at the “PayPal Pay Later” services and the Brainttree e-commerce platform. Reason: The dealers would benefit from new features.
A current innovation for users is that Money pooling functionwith which groups can collect and manage money – for example for gifts or joint expenses. In addition, the PayPal builds the Use of your own cryptocurrency Pyusd, for example for cross -border money transfers.
Cyber fraud attacks trust – 2024 many changes on the board
Reports of fraud stitches to harm users are dangerous for PayPal. In view of the growing risk of crime in digital payment transactions, the payment service is investing in The Bureau platformthat wants to protect against cyber attacks with the help of artificial intelligence.
The high fluctuation in the top management of the financial service provider was striking in 2024. The last personnel for the time being is the farewell of product chief John Kim at the end of March. How deractionaer.de reported, informed PayPal in 2024 about 7 personnel changes on the board and on the board of directors.
Profit and sales: forecast of the analysts
The PayPal profit per share is expected to shrink significantly in the 4th quarter of 2024: at $ 1.12, the average forecast of 36 analysts is according to finanzen.net. In the 4th quarter of 2023, PayPal still had around $ 1.29, around $ 0.99 it was in the 4th quarter of 2024.
Continuity promise sales forecasts-the analysts appreciate around $ 8.26 billion on average for the 4th quarter. That is more than in the previous year quartal (around $ 8.03 billion) and than in the 3rd quarter of 2024 (around 7.86 billion). The financial year ends on December 31.
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All information without guarantee for completeness, correctness and topicality. The text does not represent a trade recommendation or investment advice.