BUZZ-PayPal rises after unveiling long-term growth targets
ReutersFeb 25, 2025 12:52 PM
Shares of payments firm PayPal PYPL.O rise 2% to $76.75 premarket
Forecasts high single-digit percentage transaction margin dollar growth and low teens-plus adjusted EPS growth by 2027, in targets unveiled ahead of its investor day
Projects longer-term ambition of 20%-plus growth in adjusted EPS and 10%-plus growth in transaction margin dollar
Earlier this month, PYPL reported a sharp slowdown in growth in its unbranded card processing business while its operating margin shrank
Also announces on Tuesday expanded partnerships with Verifone and J.P. Morgan Payments and its new merchant offering, PayPal Open
PYPL stock down 11.8% YTD
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