PayPal has reportedly attracted unsolicited takeover interest after a prolonged stock decline left the payments giant trading well below recent highs.

According to a report from Bloomberg, PayPal has been meeting with banks to evaluate buyout approaches from unidentified investors. One potential bidder — described as an industry rival — is said to be exploring an acquisition of the entire company, while others are reportedly interested in specific business units.

While no deal is guaranteed and talks remain in early stages, shares rose more than 6% following the news. Even with the bounce, PayPal stock had fallen roughly 46% over the past 12 months before the report, reflecting a bruising stretch for investors.

Leadership changes have added to the uncertainty. Former CEO Alex Chriss was recently removed after disappointing fourth-quarter 2025 results, with Enrique Lores, current CEO of HP, tapped to guide PayPal’s next phase.