Since being spun off from eBay in July 2015, PayPal (NASDAQ: PYPL) has seen its stock price rise 89%, despite falling 78% from its peak. Spurred by the Federal Reserve's aggressive interest rate hikes to slow soaring inflation, signs point to a deteriorating economic picture, with many forecasting a recession on the horizon. Furthermore, the management team, led by Chief Executive Officer Dan Schulman, no longer thinks PayPal can amass 1 billion active accounts, a lofty goal he established during the depths of the pandemic.