Following a triple threat of a Q4 earnings miss, weak guidance, and leadership change, PayPal shares faced continued pressure as major analysts drastically reduced their price targets.

  • Major firms issued severe adjustments, including J.P. Morgan decreasing its target to $46.00 and Evercore ISI setting a Street-low target of $40.00.
  • The negative market reaction saw the stock plunge 20.31% on February 3 after the company confirmed Enrique Lores as the new CEO.