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PayPal Board Rejects $60.50 Stripe Bid, Pushes for $70 Per Share on July 21

2026-07-23 06:52:05

PYPL-0.86%

According to CNBC and PYMNTS, Stripe and Advent International offered $60.50 per share for PayPal on July 15, totaling over $53 billion with roughly $50 billion in committed financing. On July 21, PayPal's board rejected the offer as inadequate, pushing for approximately $70 per share, advised by Goldman Sachs and Evercore. The current stock price sits at $55.51, roughly 8% below the bid. Cantor Fitzgerald independently values PayPal at $70 per share, while the average analyst target across 43 analysts is $52.42, with a median of $48. PayPal will report Q2 2026 earnings on July 28 at 8:00 a.m. EST.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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