Here's Why PayPal Stock Is Down Today | New CEO Enrique Lores Announced - video Dailymotion

Benzinga

PayPal stock dropped sharply after the company issued a weak 2026 earnings outlook and announced a major leadership change. Shares fell more than 15% in premarket trading after PayPal reported fourth-quarter revenue and profit below Wall Street expectations.  The payments giant named HP CEO Enrique Lores as its next president and CEO, signaling a shift in strategy as competition intensifies from Big Tech and fintech rivals. Branded checkout growth slowed significantly, retail spending softened, and investors are now watching closely to see whether the leadership shake-up can restore momentum.  In this video, we break down what caused the selloff, what investors are watching next, and why PayPal’s core business is under pressure.

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00:00PayPal's stock just dropped hard after issuing a weak outlook for 2026.

00:05The company missed Wall Street expectations on both revenue and earnings,

00:09and shares sank more than 15% in pre-market trading.

00:12But the bigger surprise is PayPal is replacing its CEO.

00:17HP's Enrique Lores has been named the new leader,

00:20with CFO Jamie Miller stepping in as interim CEO until March 1st.

00:25The board said the pace of change under current CEO Alex Criss wasn't meeting expectations.

00:31And the timing isn't great.

00:33Holiday quarter revenue came in at $8.68 billion below estimates,

00:38while branded checkout growth slowed to just 1%.

00:42That's a big deal because branded checkout is one of PayPal's highest margin businesses.

00:47At the same time, shoppers are cutting back,

00:49and competition from Apple, Google, and fintech rivals keeps growing.

00:53Now investors are asking one question.

00:56Is this a turnaround moment, or just the start of a bigger reset for PayPal?

Here's Why PayPal Stock Is Down Today | New CEO Enrique Lores Announced

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