Prediction: PayPal Will Soar Over the Next 5 Years. Here's 1 Reason Why.

After several years of breathtaking growth, PayPal Holdings (NASDAQ: PYPL) stagnated as the COVID-19 pandemic came to an end. The user base stopped growing, and there wasn't much of a cohesive strategy when it came to earnings or revenue growth over time.In late 2023, PayPal gave its leadership team a complete overhaul. Not only did former Intuit (NASDAQ: INTU) executive Alex Chriss take over the CEO role, but also virtually every member of PayPal's C-suite and executive leadership team is new.The early results under the new leaders have been impressive. Thanks to a focus on efficiency, adjusted EPS grew by 22% year over year in the most recent quarter. Plus, the company has launched its Fastlane checkout, formed several key partnerships, and rolled out its PayPal Everywhere campaign to boost debit card volume. And all of these are yet to be reflected in the numbers.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool