StocksMediumUpdated•Originally published 27 October 2026•Updated 27 October 2026•
1 min read
PayPal Q3 Revenue Misses Estimates Despite Raised 2026 Profit Outlook
Key Facts
1PayPal raised its full-year adjusted profit forecast to approximately $5.60 per share.
2The company expects to achieve $700 million in gross run-rate cost savings by the end of 2026 through AI adoption and streamlining.
3PayPal shares fell 1.2% in premarket trading despite the raised guidance.
PayPal reported third-quarter revenue of $8.58 billion, missing the $8.71 billion consensus estimate, The Economic Times reported. Despite the revenue miss, adjusted earnings per share rose 8% to $1.45, leading the company to raise its full-year adjusted profit forecast to approximately $5.60 per share.
The company expects to achieve $700 million in cost savings by the end of 2026 by eliminating over 2,000 jobs and reducing managerial roles by more than 25%. PYPL closed at $54.99 on October 26, 2026, during a period where total payment volume grew 7% to $487.1 billion in the third quarter.