In this video, I will be talking about PayPal (PYPL 4.73%). I'm going to go over some analyst notes and revisit some of the Q1 metrics the company touched on. The stock is down 75% from its peak.
- Venmo ended the quarter with 85 million users.
- Management expects 50%-plus revenue growth for Venmo.
- The second half of the year should result in softer year-over-year comparisons.
- PayPal's "Pay in 4" leads in top buy now, pay later offerings, ahead of Block's Afterpay and Klarna.
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*Stock prices used were the closing prices of July 6, 2022. The video was published on July 7, 2022.