Eventhough the valuation has been greatly inflated during covid, it appears to me that a big part of the stock decline is due to a huge change of narrative and a lot about market narration is about guessing and the rest is about bias. The problem is that narration plays a big part in market gyrations and can put a stock in the dog house for a long time.
I agree. You never know when the tides will turn. The CEO will resign by the end of the year, which might be a positive catalyst for the stock. But it depends on who takes over and how the company delivers over the next year.
We believe that the upcoming change in management (CEO retiring) would be a reason for investors to regain trust in management's abilities which will help in driving the price higher.
The continuous downward forecast revisions and the withdrawal of the 750 million accounts target caused investors to lose confidence in the company's future.
Thank you for this analysis , helps a lot.
Eventhough the valuation has been greatly inflated during covid, it appears to me that a big part of the stock decline is due to a huge change of narrative and a lot about market narration is about guessing and the rest is about bias. The problem is that narration plays a big part in market gyrations and can put a stock in the dog house for a long time.
Thanks for your comment!
I agree. You never know when the tides will turn. The CEO will resign by the end of the year, which might be a positive catalyst for the stock. But it depends on who takes over and how the company delivers over the next year.
Great analysis man. Well done.
We believe that the upcoming change in management (CEO retiring) would be a reason for investors to regain trust in management's abilities which will help in driving the price higher.
The continuous downward forecast revisions and the withdrawal of the 750 million accounts target caused investors to lose confidence in the company's future.
Thank you StockOpine, means a lot coming from you.
I agree on this point. It will be exciting to see who takes over, it will likely be a big determinant for PayPals future!