PYPL
In fairness it might be a slight loss of market share (I also think it is a bit of a covid hangover as well, as growth was pushed foward, so it might take a year or two to digest.), the company is not focusing on getting accounts for accounts sake. But driving Total Payment Volume, and increasing transactions. Think of it this way, advertising/putting in effort to get more accounts might make the analysts happy, but is it really more profitable if the accounts they are losing may do a couple of transactions a year, the customer acquisition cost of that might be more than they are worth. As I said I look at it as a company that stop prioritizing a tiny part of there business that really provides them almost no benefit, and focusing on the core which is where they make a profit. All I know is they were at 295 million starting in 2020, and are at 431 million now, so yes it is off a peak of 435 million where a few accounts that do hardly no transactions or are hardly active and they don't count them, may make wall street go nut. But in reality is TPV (Total Payment Volume) Going up the Answer is yes and if anything it is increasing it's rate of growth. But time will tell. Obviously Holding this stock this week hasn't felt very good. I believe it is gonna work out, but time will tell. All is just my opinion, and I could always be wrong though.
