◆ NeutralPYPLAAPLEBAY

PayPal Grows Its Volume Every Year. Here's Why the Stock Doesn't Always Follow.

The Motley Fool·
PayPal Grows Its Volume Every Year. Here's Why the Stock Doesn't Always Follow.

PayPal's total payment volume grew 10% year-over-year to $486 billion in Q2, but the stock remains down 81% from its 2021 peak. The company's most profitable segment, online branded checkout, has significantly underperformed with only 2% TPV growth in Q2, compared to 26% annualized growth during 2018-2021. Intense competition from Apple Pay and weak branded checkout performance are pressuring the stock despite overall business growth.

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