- Paypal stock plunged nearly 13% last week after reports that Advent and Stripe abandoned their takeover attempt.
- Retail investors remain bullish, expecting the deal to resurface later or citing crypto price gains and a new credit card as catalysts.
- Wall Street analysts slashed price targets, with Mizuho lowering to $51 and Loop Capital to $50, while Keefe Bruyette maintained an “Outperform” rating at $70.
PayPal shares dropped nearly 13% last week, their worst weekly performance since early February, after reports suggested that Advent and payment processor Stripe abandoned their buyout plans for the fintech firm. Retail investors, however, are convinced the story isn’t over.
Despite the sharp plunge, retail users remain bullish, speculating the deal could still happen at a later date. One user argued, “$PYPL Why a Deal Could Still Happen The ‘Walk Away’ Negotiation Tactic: It is highly common for a buying consortium to publicly ‘abandon’ talks after being rejected to punish the target’s stock price.” They noted that Stripe and Advent could return in a few months with a revised offer.
Other users focused on the company’s fundamentals. One said, “$PYPL I think crypto is about to take off again in the coming years and that bodes well for PayPal strategy.” Another pointed to a new credit card offering 3% back, suggesting management is actively growing the company without a buyout. A user poll indicated that while most voted for a different company to bid, 30% saw a potential takeover by Elon Musk’s SpaceX — a full-circle move given Musk co-founded PayPal’s predecessor.
Meanwhile, Wall Street turned cautious. Mizuho lowered PayPal’s price target to $51 from $60, citing a refocus on fundamentals like Venmo and German market share after the deal fell through. Loop Capital cut its target by more than 19% to $50, while Keefe Bruyette maintained an “Outperform” rating and $70 target, noting the bid may have been too cheap. PayPal stock is down nearly 8% so far in 2026.
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