Morningstar
•
May 08, 2026
PayPal Holdings, Inc.: PayPal Earnings: Muted Results as New CEO Takes the Reins
Symbols
PYPLSector(s)
Financial Services
Rating
Current Price
45.44
Fair Value
Economic Moat
Stewardship
Summary
PayPal was spun off from eBay in 2015 and provides electronic payment solutions to merchants and consumers, with a focus on online transactions. The company had 439 million active accounts at the end of 202
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Analyst Profile
Brett Horn
Senior Equity Analyst
Brett Horn, CFA, is a senior equity analyst for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers insurers and credit bureaus. He also oversees the equity research team's stewardship rating methodology.Before joining Morningstar in 2006, Horn worked in the banking industry for about a decade, most recently as a commercial loan officer for First Bank, where he was responsible for underwriting loans and managing relationships with middle market clients. Before that, Horn worked for Mizuho Corporate Bank, where he managed loan portfolios and client relationships, primarily with Fortune 500 companies. Horn holds a bachelor's degree in business administration, with a concentration in finance, from the University of Wisconsin and a master's degree in business administration from the University of Illinois. He also holds the Chartered Financial Analyst® designation. He ranked first in the business and industrial services industry in The Wall Street Journal's annual "Best on the Street" analysts survey in 2013, the last year the survey was conducted.

