logo
Paypal Gives Uncertain 2025 Profit Forecast

Paypal Gives Uncertain 2025 Profit Forecast

Bloomberg29-04-2025

PayPal left its full-year earnings forecast unchanged even after reporting a strong first quarter. Bloomberg Finance Editor Jenny Surane joined Bloomberg Open Interest in Tuesday's Wall Street Beat to discuss. (Source: Bloomberg)

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Why Salesforce, PayPal, and Team Car Care leaders call AI agents a game changer for finance
Why Salesforce, PayPal, and Team Car Care leaders call AI agents a game changer for finance

Yahoo

time2 hours ago

  • Yahoo

Why Salesforce, PayPal, and Team Car Care leaders call AI agents a game changer for finance

Good morning. We're only in the early stages of exploring the capabilities and applications of AI agents in finance. That was a key takeaway from Fortune's Emerging CFO event on Thursday, held in partnership with Workday, a sponsor of CFO Daily. My colleague Geoff Colvin and I spoke with Silvio Savarese, EVP and chief scientist at Salesforce AI Research; Jamie Miller, chief financial and operating officer at PayPal; and Matt Castonguay, CFO at Team Car Care, about how their companies are leveraging this technology. 'AI agents can act as workflow and workforce multipliers for humans—like having a fleet of agents at your disposal, 24/7,' Savarese said. He described four key components of an agent: memory (for retaining and using information), a brain (for reasoning and planning), actuators (for executing actions via APIs), and sensors or interfaces (for communicating with the outside world). In finance, Savarese explained, agents can automate and personalize customer interactions in retail banking, streamline processes like mortgage lending, and improve customer satisfaction with faster approvals. He added that agents will soon be able to communicate with each other, requiring new protocols for secure interactions. As compliance frameworks for agentic AI are still evolving, Savarese advised finance leaders to work with legal and risk teams to develop internal policies aligned with upcoming AI accountability standards. At PayPal, Miller said the company targets use cases involving high-volume manual work, such as invoice processing and accruals. Agents can harmonize data from multiple formats and automate tasks like travel and expense compliance by auditing receipts and making recommendations. 'As CFOs, we're responsible for financial statements and compliance, so it's critical to have the right checks, balances, and oversight,' Miller said. 'With the right framework, the potential applications are limitless.' Castonguay shared that Team Car Care, operator and franchisee of the Jiffy Lube brand, is focused on automating high-volume manual tasks such as accounting reconciliations and store support. The company is deploying an agent to help reconcile inventory transactions, a data-intensive process. Processing that much data has been a challenge, he said. 'But it's promising, and we expect to see ROI soon,' he added. This work requires data-focused accountants who understand both the process and how the agent operates. And it requires all the team members to bring ideas to the table. 'Whether it's in Salesforce, whether it's in Workday, whether it's in a native third party tool—how can we leverage the use cases and the technology?' Castonguay said. Miller called agentic AI a 'game changer,' noting the massive capital investment from technology firms and private equity. 'We're just at the beginning,' she said. Castonguay agreed, adding that for private equity-backed companies like Team Car Care, managing costs with agentic AI is a top priority. Have a good weekend. See you on Monday. Sheryl This story was originally featured on

Drivers seek digital payment options
Drivers seek digital payment options

Yahoo

time5 hours ago

  • Yahoo

Drivers seek digital payment options

This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Drivers would prefer to pay road tolls with digital tools like PayPal (55%), Apple Pay (50%), Venmo (33%), Google Pay (32%) and Cash App (30%), according to results of fintech firm PayNearMe's survey released Tuesday. While 48% of cash-paying drivers use cash for budgeting reasons, 17% of cash-payers don't have bank accounts, and 12% aren't credit or debit cardholders, according to the February survey of 1,548 U.S. drivers. The results of the survey also showed that 45% of respondents said they are open to Scan-to-Pay QR codes, a press release from the company said. The new survey from PayNearMe, the Santa Clara, California-based payments processor, offers some insight into the payment challenges drivers face when passing through toll roads. About three in ten drivers (28%) said they couldn't pay tolls with their desired payment method. Meanwhile, 30% of drivers who missed payments said a digital wallet option wasn't available to them, the survey noted. 'Digital wallets are essential to how consumers manage their money,' Anne Hay, chief marketing officer and executive vice president of PayNearMe, said in a statement. 'Our research found that 51% of consumers store funds directly in payment apps, effectively using them as alternative bank accounts.' For about a fifth of the consumers surveyed, a toll request turned into a violation during the past year and about half said it could have been avoided with easier payment options. The company estimated that toll systems lose out on $2.24 billion annually, and suggested that figure could be reduced by increasing payment options. 'When agencies don't accept digital wallets, they are missing payments drivers are ready to make,' Hay said. 'Consumers are storing money in these apps. Agencies need to meet them there.' PayNearMe has been enhancing its own payment capabilities. Last October, the company expanded its partnership with PayPal Holdings, allowing PayNearMe to grow its banking collaborations and offer more reliable services. As PayNearMe highlights the lack of digital wallet options, usage of the payment technology is expected to grow in the coming years. Use of digital payment options, including digital wallets, account-to-account payments and buy now, pay later providers, is expected to exceed $33.5 trillion by 2030, according to Worldpay's 10th global payments report. Recommended Reading PayPal leans on Venmo for growth Sign in to access your portfolio

PayPal Holdings (NasdaqGS:PYPL) Expands Insurance Payment Solutions With Input 1 Partnership
PayPal Holdings (NasdaqGS:PYPL) Expands Insurance Payment Solutions With Input 1 Partnership

Yahoo

time6 hours ago

  • Yahoo

PayPal Holdings (NasdaqGS:PYPL) Expands Insurance Payment Solutions With Input 1 Partnership

PayPal Holdings recently announced a collaboration with Input 1 to integrate its Digital Wallet for insurance premium payments, enhancing user payment convenience and security. During the last quarter, the company's stock price increased by 9%. This rise was likely influenced by several strategic partnerships, including Selfbook for hotel bookings and a Mastercard collaboration, enhancing PayPal's service integration and brand reach. Despite market volatility due to geopolitical tensions and fluctuating oil prices impacting broader indices, these developments in PayPal's business activities supported the company's positive stock performance alongside market trends. Buy, Hold or Sell PayPal Holdings? View our complete analysis and fair value estimate and you decide. The latest GPUs need a type of rare earth metal called Neodymium and there are only 24 companies in the world exploring or producing it. Find the list for free. The recent developments at PayPal Holdings, including the collaboration with Input 1, could further facilitate the company's progression towards becoming a comprehensive commerce platform. As PayPal integrates its Digital Wallet for insurance premium payments, user convenience and security are enhanced, potentially driving transaction volumes and strengthening merchant relationships. This move complements PayPal's ongoing transformation initiatives, which focus on expanding its branded experiences, Venmo benefits, and other value-added services, potentially improving both revenue and earnings in upcoming quarters. Over the last year, which ended on 13th June 2025, PayPal's total return, combining share price and dividends, reached 21.56%. This performance contrasts with a 1-year underperformance relative to the US Diversified Financial industry, which returned 24.5%. Despite the stock overshadowing the broader US market's one-year return, this discrepancy highlights a complex competitive landscape. The boost in PayPal's stock price in the recent quarter, driven by collaborations with Selfbook and Mastercard, aligns with analysts forecasting revenue growth at a compound annual rate of 5.7% over the next three years. Analysts foresee earnings growth to US$5.5 billion by 2028, slightly above the current revenue of 31.89 billion and earnings of 4.55 billion. However, these projections are sensitive to macroeconomic challenges and regulatory changes that could impact PayPal's financial trajectory. The company's current share price of US$68.05, which represents a discount of around 9% to the consensus price target of US$81.74, suggests potential upside, provided that PayPal continues to leverage its commerce platform to enhance earnings and revenue growth effectively. This target reflects expectations of a price-to-earnings ratio alignment with the industry average, offering a potentially compelling case for investors if forecast assumptions materialize as expected. Click to explore a detailed breakdown of our findings in PayPal Holdings' financial health report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:PYPL. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store