Returns on PayPal (PYPL) stock have been negative for the year 2025. However, after touching lows of $55.85 in April 2025, PYPL stock has trended higher by almost 25%. The rally from oversold levels has been supported by results beating expectations and the company setting a foundation for innovation-driven growth. More News from Barchart With Q3 2025 results beating expectations, the positive momentum is likely to stay. Further, the company’s first-ever dividend paves the way for continued shareholder ...

This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Buy now, pay later providers Klarna Group, Affirm Holdings and Afterpay are encroaching on some of the services traditionally offered by banks, such as debit cards and deposit accounts. The companies are using BNPL as a gateway to offer more products to customers and make themselves a one-stop shop for payments and financial services. This strategy widens their con ...

Buy now, pay later (BNPL) usage has exploded in recent years. The ease of use and economic headwinds are likely contributors to the growth. Since the introduction of BNPL services, there has been relatively minimal impact on credit scores. However, that’s changing, as FICO will begin to factor in BNPL usage, according to The Wall Street Journal. Check Out: The One Loan That’s Almost Guaranteed To Deliver Financial Disaster Learn More: 3 Reasons Retired Boomers Shouldn't Give Their Kids a Living Inheritance ...

业绩总结 - PayPal在2025财年预计实现15%-16%的非GAAP每股收益（EPS）增长[11] - 2025年第三季度总支付交易量（TPV）为458,088百万美元，同比增长8%，剔除外汇影响后增长7%[51] - 2025年第三季度收入为8,417百万美元，同比增长7%，剔除外汇影响后增长6%[62] - 交易利润（TM$）为3,871百万美元，同比增长6%[62] - 非GAAP每股收益（EPS）为1.34美元，同比增长12%[62] - 调整后的自由现金流为2,279百万美元，同比增长48%[51] - 活跃账户数量为438百万，同比增长1%[54] - 每月活跃账户（MAA）为227百万，同比增长2%[54] - 支付交易数量为6,331百万，同比下降5%[54] - GAAP净收入为8,417百万美元，较上季度的8,288百万美元增长1.56%[97] 用户数据 - Venmo收入增长20%，交易总额（TPV）增长14%[16] - Venmo借记卡的月活跃用户（MAA）增长约25%[28] - 美国TPV增长8%，主要受益于Venmo、PSP、品牌结账和借记卡推动[77] - 国际TPV按固定汇率增长5%，主要得益于欧洲的持续增长[77] - 跨境TPV按固定汇率增长4%，主要由欧洲内部走廊推动[77] 未来展望 - 预计2025年“先买后付”（BNPL）交易总额将超过400亿美元，增长率超过20%[31] - 2025财年交易利润（TM$）指导上调至154.5亿至155.5亿美元[66] - 2025财年非GAAP每股收益（EPS）指导上调至5.35至5.39美元，同比增长15%至16%[66] - 预计2025财年将进行约60亿美元的股票回购和分红计划[15] 财务状况 - 自由现金流（FCF）为17.18亿美元，同比增长19%[87] - 现金及现金等价物和投资总额为144亿美元，债务总额为114亿美元[90] - 信用损失为8.6亿美元，净冲销为9百万美元[91] - GAAP运营费用总额为6,897百万美元，较上季度的6,784百万美元增长1.67%[95] - 非GAAP运营收入为14.68亿美元，同比增长6%[86] 其他信息 - 交易费用（TE）为39.42亿美元，TE率为0.95%[83] - 交易利润率为46.0%，较上季度的46.4%下降0.86个百分点[97] - 客户支持和运营费用为447百万美元，较上季度的413百万美元增长8.23%[97] - 销售和营销费用为482百万美元，较上季度的542百万美元下降11.06%[97]

财报预期 - 公司将于周二开盘前公布第三季度财报 [1] - 市场预期公司季度每股收益为1.20美元，与去年同期持平 [1] - 市场预期公司季度营收为82.3亿美元，较去年同期的78.5亿美元增长4.8% [1] 近期业务动态 - 为缓解美国消费者假日购物压力，公司于10月6日推出了“先买后付”购物可享5%现金返还的活动 [2] - 公司股价在周一上涨0.7%，收盘报70.25美元 [2] 分析师观点汇总 - Citigroup分析师于10月22日首次覆盖公司股票，给予中性评级，目标价78美元 [4] - Wolfe Research分析师于10月3日将公司股票评级从跑赢大盘下调至同业持平 [4] - Canaccord Genuity分析师于7月30日维持买入评级，目标价96美元 [4] - Macquarie分析师于7月30日维持跑赢大盘评级，目标价95美元 [4] - JMP Securities分析师于7月30日维持市场跑赢大盘评级，但将目标价从110美元下调至100美元 [4]

In a reel posted to Instagram, Ramsey experts Ken Coleman and George Kamel discussed the dumbest financial move Americans can make today. Read Next: Dave Ramsey Says This is the Best Way to Pay Off Debt Find Out: 10 Unreliable SUVs To Stay Away From Buying What is it? Buy now, pay later (BNPL) plans. Find out what the experts have to say about this financial move and how it can affect your money. What Is Buy Now, Pay Later? BNPL is a payment plan that breaks the total amount due at checkout into smaller ...

公司业务与市场地位 - 公司业务为提供“先买后付”服务 [1] - 公司与全球部分大型零售商建立了合作伙伴关系 [1] - 公司在消费者和商户中均实现快速增长 [1] 公司股价表现 - 公司股票代码为KLAR [1] - 公司股价在2025年10月21日下午交易时段上涨3.70% [1]

Unlike current regulations, improved checks will be required for every BNPL request. Current standard practice is for the customer to detail their income and expenditure, with the service often approved from there. As of next year, that process will change, with companies like Payment Assist carrying out an increased number of checks.The forthcoming shift is poised to reshape the BNPL landscape in the UK, with the relationship between retailers and customers set to significantly change, essentially broken d ...

美国假日零售销售预期 - 万事达卡经济研究所预测美国零售额同比增长36% [1] - 德勤数据显示美国零售额预计同比增长29%至34% [1] 消费者信贷状况 - 信用卡平均年利率在八月份达到2283% [3] - 信用卡发行商大幅提高了平均年利率，超出最优惠利率的变化 [3] 先买后付服务使用趋势 - 先买后付服务与大多数主要零售商和电商平台建立合作，普及度飙升 [4] - 41%的先买后付借款人在过去一年中至少有一次逾期还款，高于去年的34% [5] - 57%的逾期还款者被收取额外费用 [5] - 58%的先买后付用户表示这是他们能负担特定购物的唯一方式，在年收入低于5万美元的人群中该比例升至72% [6]

公司战略与业务拓展 - Affirm Holdings Inc 通过与Fanatics和FreshBooks建立两项新合作，扩大其在支付领域的影响力，旨在加深在消费者和小企业中的渗透 [1] - 公司将“先买后付”选项整合到Fanatics的在线体育商品平台，使购物者能够将球衣和收藏品等购买分成每两周或每月付款 [3] - 合作范围将扩展至Fanatics网络中超过180家额外的球队和联盟商店，包括英国和加拿大的特定地点 [3] - 公司近期还增加了0%年化百分比的促销活动，并与Ace Hardware建立合作，以在繁忙的假日季前进行扩张 [7] 合作伙伴与市场定位 - Fanatics加入公司超过375,000家商户合作伙伴的网络 [5] - 公司的支付计划强调无隐藏费用、无滞纳金且无复利，以透明度作为在拥挤的BNPL市场中的差异化优势 [5] - 与FreshBooks的合作使美国和加拿大的FreshBooks客户能够向其客户提供通过Affirm支付发票的选项，提供低至0%年化百分比的灵活分期计划 [5] - 此次合作使公司能够捕捉小企业主和自由职业者对替代支付方式日益增长的需求，该市场在采用消费级金融工具方面进展较慢 [6] 行业背景与市场机会 - “先买后付”支付选项仍相对小众，新数据显示仅有8.3%的消费者在非杂货零售交易中使用BNPL，使用BNPL购买杂货的消费者比例更小，为3.8% [5] - B2B用例对于嵌入式金融工具（如BNPL）而言是一个未充分利用的机会，商业交易的额外复杂性减缓了该技术的增长 [7]