PayPal Holdings, Inc. (NASDAQ: PYPL) will host an Investor Day today in New York City beginning at 8:30 a.m. EST. The previously announced event will feature presentations from PayPal senior leadership and an overview of its strategic and growth plans for the next several years.

PayPal Holdings (NASDAQ:PYPL) (PYPL:CA) was trading higher after the payments giant introduced its 2027 growth outlook and longer-term ambition ahead of its investor day event. PYPL was up 2.63% Tuesday pre-market to $77.

PayPal (PYPL) stock is higher after the fintech company issued an upbeat 2027 forecast and big plans for Venmo

PayPal's new merchant platform, PayPal Open, aims to offer businesses a comprehensive suite of commerce tools within the PayPal ecosystem, as well as integration with external partners. The service is set to launch in the US and will expand to the UK and Germany in the next year, with more markets to follow.

PayPal Holdings Inc. predicted growth in earnings and transaction margins in coming years, as its new leadership continues to streamline the sprawling business.

PayPal (NASDAQ:PYPL) shares rose approximately 3% in premarket trading Tuesday after the company outlined its medium-term growth targets for 2025 to 2027. The outlook comes alongside an announcement of the fintech giant’s Investor Day in New York City,