PayPal bumped up its profitability guidance and reported revenue growth in the company's first earnings release since receiving a takeover offer from rival fintech Stripe and buyout firm Advent International.
PayPal doubled down on its turnaround plan on Tuesday, raising its 2026 profit forecast and outlining cost-saving steps, as it looks to convince investors that it is worth more than the $53 billion takeover offer that analysts described as "low-ball".
SAN JOSE, Calif., July 28, 2026 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced its second quarter 2026 results for the period ended June 30, 2026.
PayPal stock is gearing up for one of its most important earnings releases yet, as investors await the company's response to the recent buyout offer from Stripe and Advent International. PYPL was trading at $56, well above its year-to-date low of $40.
Five years ago PayPal was a Wall Street favorite and a leader in digital payments. Since then the stock has plunged, Apple Pay dominates payment services in the U.S. and PayPal is facing a takeover bid it does not like.