<p><img src="https://imageproxy.pbkrs.com/https://ik.imagekit.io/invezz/uploads/2021/12/where-to-buy-paypal-stock.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ik.imagekit.io/invezz/uploads/2021/12/where-to-buy-paypal-stock.jpg"/></p>
<p>PayPal 股票价格暴跌，形成死亡交叉形态，预示着未来几个月可能进一步下跌。PYPL 股价已跌至 65.15 美元，为 8 月 24 日以来的最低点。与 2025 年的最高点相比，已下跌超过 30%。</p>
<h2>PayPal 的增长停滞</h2>
<p>PayPal 是最受欢迎的金融科技公司之一，近年来由于支付行业竞争加剧以及一些举措未能取得成效，失去了增长动力。</p>
<p>这些挑战大多来自其无品牌解决方案，旨在帮助企业接受支付。其无品牌业务源于对 Braintree 的收购。</p>
<p>该业务面临来自 Stripe、Adyen、Block、Shopify Payments 和 Worldpay 等公司的激烈竞争。在大多数公司都采用在线和数字交易的世界中，行业内的大型参与者很难实现业务增长。</p>
<p>随着 Apple Pay 和 Google Pay 等解决方案的竞争加剧，PayPal 的钱包业务面临更多挑战。</p>
<p>最重要的是，PayPal 一些推动业务增长的举措并未获得太多关注。最重要的是推出了一种名为 PayPal USD (PYUSD) 的稳定币。</p>
<p>PayPal 希望其强大的品牌名称能够吸引更多用户从其他稳定币如 USDC 和 Tether 转向自己。推出几个月后，PYUSD 的市值超过 8.02 亿美元，日交易量不足 5000 万美元。相比之下，Tether 的市值超过 1450 亿美元，日交易量为 470 亿美元。</p>
<p>阅读更多：PayPal 股票分析：Honey 欺诈指控会造成影响吗？</p>
<h2>收益放缓</h2>
<p>最新数据显示，PayPal 在去年第四季度拥有 4.34 亿个活跃账户，与去年持平。其月活跃账户增加至 2.29 亿，而支付交易量下降 3%，降至 669 万。</p>
<p>这些数字使 PayPal 的收入达到 83.6 亿美元，同比增长 4%，而其年收入增长 7%，达到 310 亿美元。</p>
<p>分析师预计 PayPal 在未来几年的增长将缓慢。Yahoo Finance 汇编的数据表明，PayPal 本季度的收入将达到 78.4 亿美元，年增长率为 1.86%。</p>
<p>这种缓慢的增长轨迹将在第二季度继续，当时收入将达到 81 亿美元，年增长率为 2.90%。全年，PayPal 的收入将为 330 亿美元，明年为 352 亿美元。PayPal 面临的挑战是缺乏明确的催化剂来推动其增长。</p>
<p>积极的一面是，PayPal 已成为一家便宜的公司，估计市盈率为 13 倍，远低于标准普尔 500 指数的 21 倍。这意味着它现在已成为一只价值股。</p>
<p>它还利用财务工程来提升其股票价值。它已回购数百万股，将流通股数量从几年前的 11.7 亿股减少至 9.93 亿股。很可能它将很快开始支付股息。</p>
<h2>PayPal 股票价格分析</h2>
<p><img src="https://imageproxy.pbkrs.com/https://ik.imagekit.io/invezz/uploads/2025/03/PayPal-stock-1-1024x569.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ik.imagekit.io/invezz/uploads/2025/03/PayPal-stock-1-1024x569.png"/></p>
<p>PYPL 股票图表来自 TradingView</p>
<p>日线图显示，PYPL 股价在 12 月达到了 93.95 美元的峰值，然后在 1 月再次测试，形成了双顶形态。PayPal 形成了死亡交叉形态，50 日和 200 日移动平均线交叉。这是市场上最看跌的信号之一。</p>
<p>PayPal 股票价格已跌破 61.8% 的斐波那契回撤点，这通常被视为反转发生的黄金比例。MACD 和相对强弱指数 (RSI) 也指向下方。</p>
<p>因此，PayPal 股票价格的最低阻力路径将是向下，下一关注点在 60 美元。跌破该点将发出进一步下跌至 55 美元的信号。</p>
<p>本文首发于 Invezz，标题为《PayPal 股票价格暴跌的原因及未来预期》。</p>

PYPL

<p>PayPal 的股价大幅下跌，形成死亡交叉形态，预示着可能进一步下滑。股价跌至 65.15 美元，比 2025 年的高点下跌超过 30%。该公司在支付领域面临激烈竞争，增长停滞，并且在其无品牌解决方案方面面临挑战。最近的财报显示活跃账户持平，收入略有增长，但分析师预测未来增长缓慢。尽管估值偏低，市盈率较低，但 PayPal 缺乏明确的增长催化剂。预计该股将继续下行趋势，关键支撑位在 60 美元和 55 美元</p>

<p><img src="https://imageproxy.pbkrs.com/https://ik.imagekit.io/invezz/uploads/2021/12/where-to-buy-paypal-stock.jpg" alt="" original-src="https://ik.imagekit.io/invezz/uploads/2021/12/where-to-buy-paypal-stock.jpg"/></p>
<p>PayPal stock price has crashed and formed a death cross pattern, pointing to further downside in the coming months. PYPL shares have plunged to a low of $65.15, its lowest point since August 24. It has dropped by over 30% from its highest point in 2025.</p>
<div class="lb-trans"><p>PayPal 股票价格暴跌，形成死亡交叉形态，预示着未来几个月可能进一步下跌。PYPL 股价已跌至 65.15 美元，为 8 月 24 日以来的最低点。与 2025 年的最高点相比，已下跌超过 30%。</p>
</div><h2>PayPal’s growth has stalled</h2>
<div class="lb-trans"><h2>PayPal 的增长停滞</h2>
</div><p>PayPal, one of the most popular fintech companies, has lost momentum in the past few years as competition in the payments industry rose and some of its initiatives failed to pick up.</p>
<div class="lb-trans"><p>PayPal 是最受欢迎的金融科技公司之一，近年来由于支付行业竞争加剧以及一些举措未能取得成效，失去了增长动力。</p>
</div><p>Most of these challenges are coming from its unbranded solutions, which are designed to help businesses accept payments. Its unbranded business came from its acquisition of Braintree.</p>
<div class="lb-trans"><p>这些挑战大多来自其无品牌解决方案，旨在帮助企业接受支付。其无品牌业务源于对 Braintree 的收购。</p>
</div><p>This business is facing substantial competition from the likes of Stripe, Adyen, Block, Shopify Payments, and Worldpay. In a world where most companies have adopted online and digital transactions, it has become highly difficult for large players in the space to grow their businesses.</p>
<div class="lb-trans"><p>该业务面临来自 Stripe、Adyen、Block、Shopify Payments 和 Worldpay 等公司的激烈竞争。在大多数公司都采用在线和数字交易的世界中，行业内的大型参与者很难实现业务增长。</p>
</div><p>PayPal’s wallet business faces more challenges as competition from solutions like Apple Pay and Google Pay rise.</p>
<div class="lb-trans"><p>随着 Apple Pay 和 Google Pay 等解决方案的竞争加剧，PayPal 的钱包业务面临更多挑战。</p>
</div><p>Most importantly, some of PayPal’s initiatives to grow its business have not gained much traction. The most important is launching a stablecoin called PayPal USD (PYUSD).</p>
<div class="lb-trans"><p>最重要的是，PayPal 一些推动业务增长的举措并未获得太多关注。最重要的是推出了一种名为 PayPal USD (PYUSD) 的稳定币。</p>
</div><p>PayPal hoped that its strong brand name would draw more users from other stablecoins like USDC and Tether to it. Many months after launch, PYUSD has a market cap of over $802 million and daily volume of less than $50 million. In contrast, Tether has a market cap of over $145 billion and daily volume of $47 billion.</p>
<div class="lb-trans"><p>PayPal 希望其强大的品牌名称能够吸引更多用户从其他稳定币如 USDC 和 Tether 转向自己。推出几个月后，PYUSD 的市值超过 8.02 亿美元，日交易量不足 5000 万美元。相比之下，Tether 的市值超过 1450 亿美元，日交易量为 470 亿美元。</p>
</div><p>Read more: PayPal stock analysis: will the Honey scam allegations bite?</p>
<div class="lb-trans"><p>阅读更多：PayPal 股票分析：Honey 欺诈指控会造成影响吗？</p>
</div><h2>Earnings have slowed</h2>
<div class="lb-trans"><h2>收益放缓</h2>
</div><p>The most recent results showed that PayPal had 434 million active accounts in the fourth quarter of last year., flat from a year earlier. Its monthly active accounts rose to 229 million, while payment transactions dropped by 3% to 6.69 million.</p>
<div class="lb-trans"><p>最新数据显示，PayPal 在去年第四季度拥有 4.34 亿个活跃账户，与去年持平。其月活跃账户增加至 2.29 亿，而支付交易量下降 3%，降至 669 万。</p>
</div><p>These numbers brought PayPal’s revenue to $8.36 billion, a 4% annual increase, while its annual revenue grew by 7% to $31 billion.</p>
<div class="lb-trans"><p>这些数字使 PayPal 的收入达到 83.6 亿美元，同比增长 4%，而其年收入增长 7%，达到 310 亿美元。</p>
</div><p>Analysts expect that PayPal’s growth will be slow in the coming years. Data compiled by Yahoo Finance shows that PayPal’s revenue will come in at $7.84 billion in the current quarter, a 1.86% annual growth rate.</p>
<div class="lb-trans"><p>分析师预计 PayPal 在未来几年的增长将缓慢。Yahoo Finance 汇编的数据表明，PayPal 本季度的收入将达到 78.4 亿美元，年增长率为 1.86%。</p>
</div><p>This slow growth trajectory will then continue in Q2, when it will make $8.1 billion, a 2.90% annual increase. For the year, PayPal’s revenue will be $33 billion, followed by $35.2 billion next year. PayPal’s challenge is that it lacks a clear catalyst to supercharge its growth.</p>
<div class="lb-trans"><p>这种缓慢的增长轨迹将在第二季度继续，当时收入将达到 81 亿美元，年增长率为 2.90%。全年，PayPal 的收入将为 330 亿美元，明年为 352 亿美元。PayPal 面临的挑战是缺乏明确的催化剂来推动其增长。</p>
</div><p>On the positive side, PayPal has become a cheap company, trading at 13x estimated earnings, much lower than the S&amp;P 500 index’s 21. This means that it has now become a value stock.</p>
<div class="lb-trans"><p>积极的一面是，PayPal 已成为一家便宜的公司，估计市盈率为 13 倍，远低于标准普尔 500 指数的 21 倍。这意味着它现在已成为一只价值股。</p>
</div><p>It is also using financial engineering to boost its stock value. It has repurchased millions of shares, reducing its outstanding stock to 993 million from 1.17 billion a few years ago. There is a likelihood that it will start paying dividends soon.</p>
<div class="lb-trans"><p>它还利用财务工程来提升其股票价值。它已回购数百万股，将流通股数量从几年前的 11.7 亿股减少至 9.93 亿股。很可能它将很快开始支付股息。</p>
</div><h2>PayPal stock price analysis</h2>
<div class="lb-trans"><h2>PayPal 股票价格分析</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://ik.imagekit.io/invezz/uploads/2025/03/PayPal-stock-1-1024x569.png" alt="" original-src="https://ik.imagekit.io/invezz/uploads/2025/03/PayPal-stock-1-1024x569.png"/></p>
<p>PYPL stock chart by TradingView</p>
<div class="lb-trans"><p>PYPL 股票图表来自 TradingView</p>
</div><p>The daily chart shows that the PYPL share price peaked at $93.95 in December and then retested it in January, forming a double-top pattern. PayPal has formed a death cross pattern as the 50-day and 200-day moving averages crossed each other. This is one of the most bearish signs in the market.</p>
<div class="lb-trans"><p>日线图显示，PYPL 股价在 12 月达到了 93.95 美元的峰值，然后在 1 月再次测试，形成了双顶形态。PayPal 形成了死亡交叉形态，50 日和 200 日移动平均线交叉。这是市场上最看跌的信号之一。</p>
</div><p>PayPal stock price has moved below the 61.8% Fibonacci Retracement point, which is often seen as the golden ratio where reversals happen. The MACD and the Relative Strength Index (RSI) have also pointed downwards.</p>
<div class="lb-trans"><p>PayPal 股票价格已跌破 61.8% 的斐波那契回撤点，这通常被视为反转发生的黄金比例。MACD 和相对强弱指数 (RSI) 也指向下方。</p>
</div><p>Therefore, the path of the least resistance for the PayPal stock price will be downward, with the next point to watch being at $60. A break below that point will signal further downside to $55.</p>
<div class="lb-trans"><p>因此，PayPal 股票价格的最低阻力路径将是向下，下一关注点在 60 美元。跌破该点将发出进一步下跌至 55 美元的信号。</p>
</div><p>The post Here’s why the PayPal stock price has crashed and what to expect appeared first on Invezz</p>
<div class="lb-trans"><p>本文首发于 Invezz，标题为《PayPal 股票价格暴跌的原因及未来预期》。</p>
</div>

Here’s why the PayPal stock price has crashed and what to expect

- PayPal 股价暴跌至 $65.15，形成死亡交叉，预示未来可能进一步下跌。  
- 竞争加剧及部分业务未能成功，导致 PayPal 增长停滞。  
- 分析师预计未来几年 PayPal 增长缓慢，缺乏明确的增长催化剂。  

以下是 PayPal 股价暴跌的原因以及未来的预期