Shares of $PYPL are down as much as 7% in extended trading. The company reported missed operating margin estimates of 21.4%, estimate of 22%. Conversely, the company's revenue was slightly above analysts' estimates, coming in at $7.29 billion versus $7.27 billion. Earnings per share were also higher than expected at $1.16 versus $1.15.
The company's stock peaked during the Covid era when its price was at $308, since then the stock price has been steadily declining. The stock found its bottom at $58.95.
Do you see an opportunity for this company in the future and are you buying at such low prices? Or are you waiting for an even lower price?
For me, $PYPL is an interesting opportunity at current prices.