PayPal stock plunges after CEO exit and weak 2026 forecast — what investors watch next
PayPal shares fell 20.7% to $41.70 in after-hours trading Tuesday after the company replaced CEO Alex Chriss with Enrique Lores and issued a weaker 2026 profit outlook. Fourth-quarter revenue reached $8.68 billion, with branded checkout growth slowing to 1%. PayPal withdrew its 2027 targets and announced a $0.14 quarterly dividend. CFO Jamie Miller will serve as interim CEO until March.