fintech / news / / Benzinga
PayPal stock fell 20.31% on February 3, 2026, dropping from $52.33 to $41.70.
PayPal stock fell 20.31% after scrapping its long-term outlook and revealing weaker results.
KEY POINTS
- PayPal terminated CEO James Alexander Chriss following the disappointing February 2026 financial report.
- Venmo expanded its Stash rewards, offering up to 5% cash back now also on checkout transactions.
- Analyst consensus rates PayPal a Hold, with recent price targets lowered to the $46-$50 range.
COMPANIES
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