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StockWatch: PayPal Drops on Revenue Forecast!

Name: StockWatch: PayPal Drops on Revenue Forecast!
Uploaded: 2021-11-09
Channel: David Kindley
Description: PayPal reported revenue growth for Q3 of 13% as it will team up with Amazon for future payment services.However, PayPal shares reversed course and fell by 5% after the company issued a revenue forecast for next year that missed analysts’ estimates.Th

By David Kindley Last updated Feb 4, 2026 436 0

PayPal reported revenue growth for Q3 of 13% as it will team up with Amazon for future payment services.

However, PayPal shares reversed course and fell by 5% after the company issued a revenue forecast for next year that missed analysts’ estimates.

This comes as PayPal prepares for an eBay-less future. Six years after the companies split apart, eBay is in the process of transitioning sellers off of PayPal and onto its own payment system.

Timestamps:

PYPL 01:45
eBay 03:00

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David Kindley

Market Strategist at Orbex David Kindley is a renowned fundamental analyst with over 10 years of trading experience in the financial markets. With a keen eye for macroeconomics and a special focus on trading psychology, David is passionate about helping everyday investors make informed trading decisions through his thorough research and analysis.

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