A $60.50 per share bid valuing PayPal at $53bn reflects a sharp drop from its 2021 peak of $360bn.
PayPal is in discussions with a buyer group led by Stripe and private equity firm Advent International for a potential sale. The consortium submitted a joint bid in July at $60.50 per share, valuing the company at approximately $53bn.
The proposed valuation marks a significant decline from PayPal’s peak market capitalization of nearly $360bn in 2021. The company has faced challenges, including weaker-than-expected profit guidance for 2026 and rising competition from rivals like Apple Pay and Google Pay.
PayPal shares rose nearly 1.8% following reports of renewed sale talks, which could conclude in the coming weeks. Details of any revised transaction remain undisclosed.