PayPal Tumbles 10% Despite Q1 Earnings Beat: Is the Venmo Spin-off Enough to Save the Stock?
PayPal Holdings shares fell 10% in early trading after the company reported a Q1 2026 earnings beat but provided a soft Q2 outlook. The stock's decline continues a painful run, with shares down 13% year to date and 25% over the past year.
PayPal Holdings shares tumbled 10% in early trading after the company reported Q1 2026 earnings. Revenue was $8.4 billion, up 7% year over year, with adjusted EPS of $1.34. However, the company guided Q2 2026 adjusted EPS to a 9% year-over-year decline. The stock's decline continues a painful run, down 13% year to date and 25% over the past year. PayPal is conducting a strategic review of Venmo, which generated $1.7 billion in revenue in 2025. A three-segment restructuring aims to improve operational accountability and tighten capital allocation discipline.
This content was automatically generated and/or translated by AI. It may contain inaccuracies. Please refer to the original sources for verification.