The stock prices of PayPal Holdings, Inc. (NASDAQ:PYPL) have gone nowhere in the recent 1~2 years. As shown in the chart below, the price of PYPL stock has been largely sideways in the past year. I cannot blame the market, as there are indeed uncertainties surrounding the future of PYPL's business (I will revisit this toward the end). While its prices stagnate (for now), PayPal's earnings have been improving over the years. As seen in the next chart below, consensus EPS estimates for PYPL's future earnings growth point to a slight growth of 0.60% for FY 2024 to $5.13.