Paypal is the victim of a recent cyberattack, resulting in the personal information of over 35,000 of its users having their names and social security numbers exposed. This scandal, coupled with the backlash the company has received for refusing (before overturning the decision) to process payments based on political views of certain groups of its customers, is tarnishing its brand. Any downturns in consumer spending, which may continue further into 2023, may hinder its revenue potential as well. In this article, we take a deeper look at Paypal's revenue, profitablity, and balance sheet in comparison to its recent price action.
