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PayPal targets $1.5B savings under new CEO with strong cash flow and solid balance sheet.

Market News
28 May 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Starting March 2026, Enrique Lores took over as PayPal's CEO and quickly announced plans to save $1.5 billion annually through rationalization efforts. The company reaffirmed its 2026 guidance, expecting adjusted free cash flow and share repurchases around $6 billion, representing a 15% free cash flow yield based on its $39 billion market cap. PayPal also holds a strong balance sheet with $4 billion in net cash and investments. The analyst holds a significant position in PayPal, viewing it as deeply undervalued and is open to buying more shares below $40.

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