PayPal Delivered In Q1 And Market Sentiment May Finally Be Changing

  • PayPal delivered strong Q1 results, with $7.7 billion in revenue and $1.40 of non-GAAP EPS.
  • The market is warming up to PayPal, with shares increasing by 37% since October 2023.
  • PayPal faces risks such as regulatory compliance, competition, and cybersecurity threats, but its leadership and growth potential are promising.

PayPal Holdings (NASDAQ:PYPL) delivered a top and bottom line beat with their Q1 2024 earnings as they generated $7.7 billion in revenue and $1.40 of non-GAAP EPS. I have been bullish on PYPL since the end of 2022, as I have felt