** New PayPal PYPL.O CEO Enrique Lores has outlined plans to streamline the digital payments firm's organizational structure and cut costs after Q1 results failed to impress investors

** Median PT of 46 brokerages covering stock is $48 - LSEG-compiled data

STUCK IN RESET MODE

** Evercore ISI ("in-line," PT: $40) says "The competitive landscape and PYPL's position in its core markets is unchanged and remain very challenging, and throwing a more questionable macro and heavy European exposure on top of that only makes the turnaround mountain that much steeper to climb"

** BTIG ("neutral") says PYPL's core checkout usage remains under pressure, H2 2026 acceleration looks uncertain, and investments across the business are unlikely to show clear results for 12–24 months

** TD Cowen ("hold," PT: $48) says major transitions take time, and added macro volatility, limited near-term upside without strategic M&A, and ongoing structural uncertainty are likely to keep weighing on the shares

** Morningstar (fair value: $80) says new CEO outlined plans to modernize co's technology to restore competitiveness, a move it views as sensible but likely to take time, with the market potentially disappointed by the lack of a quick fix