PayPal Chief Product Officer John Kim has entered into a separation agreement with the company and plans to leave his position on March 31, according to a filing with Securities and Exchange Commission on Wednesday.

PayPal (NASDAQ: PYPL) was a big winner in 2024, with shares rising by 39% for the year. This handily outpaced the S&P 500 and even beat the high-flying Nasdaq Composite index by more than 10 percentage points.

During the height of the COVID-19 pandemic, PayPal (NASDAQ: PYPL) was a monster stock. The price soared 256% in the 16 months leading up to the peak in July 2021. Unsurprisingly, rapid growth and adoption of its payments platform excited the investment community.

In a regulatory filing, PayPal (PYPL) disclosed that on January 20, the company and John Kim, the company’s Executive Vice President, Chief

During the three-month period that ended Sept. 30, 2024, PayPal handled a whopping $423 billion in total payment volume. That figure was up 9% year over year and 136% higher than in the third quarter (Q3) of 2019. What's more, revenue in the past five years has climbed at a 12.4% annualized clip. PayPal is clearly still growing nicely.

Read here for an analysis of PayPal's potential for growth in 2025, supported by strong cash flow and margins, driving a buy rating and target price of $121.

Analysts expect its revenue and GAAP EPS to have grown 6% and 4%, respectively, in 2024. For 2025, they expect its revenue and GAAP EPS to rise 6% and 17%, respectively, as the macroeconomic environment improves and it expands its ecosystem. That stable growth indicates it can keep growing over the long term without eBay's support.

After navigating a challenging period, PayPal (NASDAQ: PYPL) is positioning itself for a comeback under the leadership of CEO Alex Chriss, who took over the top job in 2023 with a renewed focus on innovation and serving small businesses.

Jefferies analyst Trevor Williams has maintained their neutral stance on PYPL stock, giving a Hold rating yesterday.Invest with Confidence:

Olé Life, an insurance technology startup that serves markets in Latin America, secured $13 million in funding from investors. The Miami company offers flexible term life insurance policies online and through its mobile app. Olé Life plans to use the capital to grow its customer base and add new products beyond life insurance.

PayPal Holdings Inc. closed 4.15% below its 52-week high of $93.66, which the company achieved on December 9th.

Thunes, the Smart Superhighway to move money around the world, today welcomes Hyperwallet, a PayPal service for global payouts, as a Member of Thunes' Direct