PayPal Q2 Beats Expectations and Buyback Yield Near 13% After Abandoned Offer
PayPal’s Q2 results exceeded expectations, with TPV up about 10% and free cash flow up 157%. A buyback yield of roughly 13% and a strong balance sheet are highlighted as supporting long-term investors despite ongoing macro and competitive risks. The investment case is framed as stronger even if a proposed Stripe-Advent offer does not proceed.