# PayPal raises 2026 profit forecast as turnaround gains traction

- Source: Economic Times
- Published: 2026-10-27T11:35:57+00:00
- Category: Business
- Original: https://economictimes.indiatimes.com/markets/us-stocks/news/paypal-raises-2026-profit-forecast-as-turnaround-gains-traction/articleshow/135232771.cms
- Canonical: https://groundlevelnews.com/story/paypal-raises-2026-profit-forecast-as-turnaround-gains-traction-17b639/

PayPal has raised its annual profit forecast as a multi-year turnaround begins to take effect. The company anticipates achieving significant cost savings through workforce reductions and operational efficiencies. Consumer spending remains strong despite economic challenges, aiding growth in payment volume. Additionally, PayPal expects adjusted profits in the upcoming holiday quarter to exceed Wall

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