PayPal shares jumped 6.7% Tuesday after Bloomberg reported that Stripe is considering acquiring all or parts of the payments company. The rally follows Monday's 5.8% gain when Bloomberg first revealed PayPal had attracted takeover interest amid a multi-year stock slump. PayPal's market capitalization stands at approximately $43 billion, while Stripe's valuation reaches $159 billion.

Bernstein analyst Harshita Rawat suggested Stripe could target PayPal's Braintree unit, valued at $10–$15 billion, which would add roughly $700 billion in total payment volume to Stripe's existing $1.4 trillion. Rawat also noted potential interest from JPMorgan Chase, private equity firms, Revolut, and American Express in various PayPal assets. Mizuho's Dan Dolev highlighted that acquiring Braintree would strengthen Stripe's competitive position against Adyen and provide consumer-facing visibility that Stripe currently lacks.

PayPal also owns Venmo, valued at roughly $5 billion, and its core business, estimated at $20–$25 billion. Dolev noted that combining Stripe's B2B strength with PayPal's consumer payment network and Venmo's peer-to-peer capabilities could position the merged entity as a significant player in the stablecoin market. Both companies declined to comment on the speculation, leaving investors to speculate on which assets might be most attractive to potential buyers.