PayPal Holdings Inc. (PYPL) reported fourth-quarter and full-year 2025 results on Feb. 3, 2026, that fell short of Wall Street profit estimates amid weaker U.S. retail spending and slower growth in its branded-checkout segment. The company also named Enrique Lores chief executive, effective March 1, 2026.

Earnings, Guidance, and Leadership Change

PayPal’s fourth-quarter earnings missed profit expectations, pressured by softness in U.S. retail and slower branded-checkout growth. The company issued 2026 profit guidance below analyst forecasts, dampening pre-earnings optimism.

In a separate announcement, PayPal named Enrique Lores, former CEO of HP Inc., as president and CEO effective March 1. David W. Dorman was appointed independent board chair. The board cited that the pace of change and execution had not met expectations, prompting the leadership changes. These moves place near-term focus on Lores’s ability to improve execution and meet the guidance.

PayPal's stock just staged one of its worst daily drops on record, and that sends a message about the tough road ahead for incoming CEO Enrique Lores.

Is PayPal bound for a breakup? Why the company's problems seem so hard to fix.

PayPal Holdings, Inc. (NYSE: PYPL) stock plunged more than 20% Tuesday, following a triple threat of bad news: a surprise CEO shake-up, an earnings miss and a weak outlook for the year ahead.

PayPal Stock Drops 20%, Sheds $10 Billion in Market Cap

Today, Feb. 3, 2026, investors are weighing a rare earnings stumble against fresh leadership, buybacks, and a balance-sheet reset.

Stock Market Today, Feb. 3: PayPal Plunges After Earnings Miss and Weak 2026 Profit Outlook

PayPal Holdings, Inc. delivered a disappointing Q4, with revenue and EPS both missing expectations and a notably weak 2026 outlook. Despite operational challenges and a CEO transition, PYPL stock now trades near distressed valuations, offering a 15% free cash flow yield. I maintain a Buy rating, viewing the risk/reward as asymmetric, but remain cautious given competitive pressures and execution risk.

PayPal: I Didn't Like Q4, I Like The Risk-Reward

PayPal continues to stagnate, with market share losses and failed reinvention efforts despite new leadership. Q4 results show modest 8% TPV growth but stagnant active accounts and disappointing branded checkout performance. PYPL's valuation appears unjustified given margin pressures, competitive threats, and lack of compelling growth catalysts.

PayPal: Expensive At Any Price

PayPal Holdings, Inc. stock is dropping Tuesday after earnings. PYPL growth is faltering, and future prospects look grim. Is PYPL stock a value trap or value play? You decide.

PayPal Earnings: Time To Abandon This Sinking Ship

PYPL shares slide ~18% after Q4 EPS and revenues miss estimates, with weaker transactions per account despite TPV growth.

PayPal Shares Fall as Q4 Earnings & Revenues Miss Estimates

PayPal Holdings, Inc. (PYPL) Q4 2025 Earnings Call Transcript

PayPal finds itself in a transition year, as 2026 signals a reworking of strategy while growth cools, with deceleration in its online branded checkout franchise. The company reported its fourth-quarter and full-year 2025 earnings results Tuesday (Feb. 3) alongside a shakeup at the top.

PayPal Shares Sink Amid Online Branded Checkout Headwinds

PayPal ( NASDAQ:PYPL ) shares are falling 18% in morning trading today after the company reported fourth-quarter earnings that missed expectations.

PayPal Tanks After Earnings Miss: Could Elon Musk's X Be the Lifeline?

PayPal reported disappointing fourth-quarter earnings and announced that it is replacing CEO Alex Chriss. Shares plunged by as much as 20% following the news.

PayPal Stock Plunges 20% After Earnings -- Is It a Buy Now?

PayPal shares tumbled Tuesday after the payments provider's fourth-quarter results and outlook came in short of Wall Street analysts' estimates. The company also named a new CEO.

PayPal Names New CEO as Outlook, Results Disappoint. The Stock Is Tumbling

Why Palantir stock is soaring, PayPal picks Enrique Lores to be new CEO, Snowflake's Cortex Code Great Hill Capital chairman and managing member Thomas Hayes and Yahoo Finance Senior Reporter Brooke DiPalma discuss Palantir's stock surging following fourth quarter earnings that beat expectations and provided a strong 2026 outlook. PayPal has tapped HP Inc. CEO Enrique Lores to be the payment platform's next chief executive.

Why Palantir stock is soaring, PayPal picks Enrique Lores to be new CEO, Snowflake's Cortex Code

Less than a year ago, then-PayPal CEO Alex Chriss boldly declared to CNBC that the fintech giant was poised to “shock the world.” Apparently, that shock never quite materialized as anticipated – at least not in a “positive” way for investors.

PayPal stock: 3 things it needs from the new CEO to recover

PayPal Holdings Inc (NASDAQ:PYPL) stock is gapping to nine-year lows, last seen down 18.2% to trade at $42.82.

PayPal Stock Plummets on Earnings Miss, CEO Change

The headline numbers for Paypal (PYPL) give insight into how the company performed in the quarter ended December 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Paypal (PYPL) Reports Q4 Earnings: What Key Metrics Have to Say

PayPal Holdings Inc (NASDAQ:PYPL, XETRA:2PP) stock fell sharply after the payments company reported fourth-quarter results that missed Wall Street expectations, overshadowing otherwise steady full-year growth and ongoing platform diversification efforts. Shares were down 18% at about $43 in early trading.

PayPal names new CEO as shares drop on disappointing Q4 earnings

PayPal stock plunged after the digital payments firm a brought in a new chief executive. Enrique Lores will replace Alex Chriss, a former Intuit executive.

PayPal Turmoil At The Top: Struggling Payments Firm Hires New CEO

Chriss joined PayPal in 2024, as some analysts pointed to the company's growing competition with Apple, Google, Zelle, Stripe and more online payment options. Mizuho analysts wrote at the time that PayPal's market share loss to Apple Pay appeared to be “increasingly challenging” for the company, citing data that e-commerce was shifting away from PayPal.

PayPal Shares Plummet 18% After Earnings Miss—HP's Enrique Lores Named CEO

Paypal (PYPL) came out with quarterly earnings of $1.23 per share, missing the Zacks Consensus Estimate of $1.29 per share. This compares to earnings of $1.19 per share a year ago.

Paypal (PYPL) Q4 Earnings and Revenues Miss Estimates

PayPal sprang a surprise on investors Tuesday morning (Feb. 3), unveiling a CEO change during the company's fourth-quarter earnings call. PayPal said it has named Enrique Lores to lead the next phase of its strategy, replacing Alex Chriss as the board presses for faster execution in a more crowded payments market.

PayPal Names Enrique Lores CEO Starting March 1, Replacing Alex Chriss

PayPal said on Tuesday it is hiring HP's Enrique Lores as its CEO and President, replacing current chief executive, Alex Chriss. Lores, who has been the chair of PayPal's board since July 2024, will also take up the role of president.

PayPal hires HP's Enrique Lores as its new CEO

PayPal Holdings ( NASDAQ:PYPL ) just did something nearly unheard of in Silicon Valley: it poached a sitting CEO from another public company.

PayPal Poaches HP's CEO in Rare Tech Leadership Raid – What HP Knows That We Don't

PayPal reported a weaker-than-expected fourth quarter and issued a subdued profit forecast for 2026, underscoring mounting pressure from slowing consumer spending and intensifying competition in digital payments.

PayPal shares slide 15% on forecast and earnings; company announces new CEO

PayPal has tapped former HP Chief Executive Enriques Lores to be its next leader after the board decided “the pace of change and execution was not in line” with expectations.

PayPal Names HP Exec as New CEO; Expects Earnings Decline in 2026

HP CEO Enrique Lores will replace Alex Chriss as PayPal's next chief executive.

PayPal Names HP Inc.'s Lores as CEO and Misses Earnings Estimates. Stock Drops 16%.

PayPal just saw a major slowdown on a metric that's closely watched by investors. Soon HP veteran Enrique Lores will be tasked with trying to turn the company around.

PayPal's stock slides as disappointing earnings usher in a CEO change

PayPal said on Tuesday it has named Enrique Lores as president and CEO, effective March 1.

PayPal names Enrique Lores as CEO

PayPal issued a lackluster profit forecast for 2026 and reported fourth-quarter earnings below Wall Street expectations on Tuesday, pressured by weaker U.S. retail spending and slower growth in its branded checkout segment.

PayPal sees 2026 profit below estimates, names Enrique Lores as CEO

SAN JOSE, Calif., Feb. 3, 2026 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced its fourth quarter and full year 2025 results for the period ended December 31, 2025.

PayPal Reports Fourth Quarter and Full Year 2025 Results

SAN JOSE, Calif., Feb. 3, 2026 /PRNewswire/ -- PayPal Holdings Inc. (NASDAQ: PYPL) today announced that its Board of Directors has appointed Enrique Lores as President and CEO, effective March 1, 2026.

PayPal Appoints Enrique Lores as Chief Executive Officer and David W. Dorman as Independent Board Chair

PayPal Holdings, Inc. (NASDAQ: PYPL) will release earnings for its fourth quarter before the opening bell on Tuesday, Feb. 3.

Top Wall Street Forecasters Revamp PayPal Expectations Ahead Of Q4 Earnings

PayPal is positioned for a strong Q4 earnings release, with optimism driven by its robust earnings surprise record and favorable developments in the macro environment. PYPL has delivered six consecutive double-digit percentage EPS beats, reflecting management's ability to exceed financial targets. Commitment to financial goals and consistent outperformance underpin confidence in PYPL's near-term prospects.

PayPal: Golden Buying Opportunity Before Q4 Earnings

PayPal is expected to post strong Q4 earnings, supported by a history of exceeding EPS targets and positive market conditions. It announced Enrique Lores as the new CEO, effective March 1, 2026.

PayPal Q4 earnings missed estimates and named Enrique Lores CEO effective March 1, 2026; below-consensus 2026 guidance may raise stock volatility.

PayPal Q4 Earnings Miss as New CEO Named

Anthropic Mythos' Claude Mythos Preview found zero-day flaws, prompting Fed/Treasury talks with banks and refocusing traders on bank cyber exposure.

Anthropic Mythos Cyber Risk Draws Fed Attention

University of Michigan consumer sentiment hit a record low as Iran-war inflation lifted year-ahead expectations and fuel costs, shifting inflation risks.

University of Michigan Consumer Sentiment Hits Record Low

ServiceNow stock fell after UBS cut its rating and price target to $100, stoking a SaaS selloff and focusing traders on FY26 guidance and valuation.

ServiceNow Stock Sinks After UBS Downgrade

March CPI rose as gasoline-driven energy costs lifted headline inflation, forcing traders to reweight positioning and complicating near-term rate-cut odds

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S&P 500 Near Record Highs as traders weigh March CPI release and easing oil plus a tentative Iran ceasefire to reassess Fed odds and market positioning

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TSMC Q1 revenue jumped as AI-chip orders lifted sales above LSEG estimates and beat guidance; traders will watch margins and capex ahead of April 16.

PayPal Q4 Earnings Miss as New CEO Named

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