A securities class action has been filed against PayPal Holdings, Inc. (PYPL) on behalf of all investors who purchased or otherwise acquired PayPal common stock between February 25, 2025 through February 2, 2026. This case has been filed in the USDC – NDCA.
On February 3, 2026, PayPal announced a surprise leadership change, replacing Chief Executive Officer Alex Chriss. PayPal noted in its announcement, “the pace of change and execution was not in line with the Board’s expectations.” The leadership change coincided with the Company’s fourth-quarter and full-year 2025 earnings report, in which PayPal missed consensus estimates for both revenue and profit, reporting adjusted earnings per share of $1.23 (vs. $1.29 expected) and revenue of $8.68 billion (vs. $8.79 billion expected). The Company further admitted “execution has not been where it needs to be, particularly in branded checkout.” Following this news, PayPal’s stock price dropped.