PayPal has indicated it remains open to takeover discussions with Stripe and investment firm Advent International, but suggested that the current $53.4 billion offer may not reflect the company’s true value.

Speaking during PayPal’s second-quarter 2026 earnings call on Tuesday, Chief Executive Officer Enrique Lores said the company would consider any deal that delivers greater value to shareholders.

“If we see levers or a path that we believe would create superior value for our shareholders than executing our current strategy, we would, of course, carefully consider them,” Lores told investors.

The statement signals that PayPal has not completely rejected a potential acquisition, although the company appears to believe the existing offer of $60.50 per share from Stripe and Advent International undervalues the business.

The comments came after PayPal reported stronger-than-expected financial results for the quarter, recording adjusted earnings of $1.38 per share, above analysts’ estimates of $1.28.

Revenue also increased by 5% year-on-year to $8.68 billion, exceeding market expectations of $8.47 billion.

Financial services firm Cantor has estimated PayPal’s value at about $70 per share, while the company’s stock has been trading around $58.

Despite the takeover speculation, PayPal said it remains focused on its ongoing transformation strategy, including the use of artificial intelligence to improve operations and reduce costs.

The company is targeting at least $1.5 billion in gross annual savings over the next two to three years through restructuring, technology upgrades and AI adoption.

Lores said PayPal is also simplifying its organisational structure, modernising its technology systems and moving more operations to cloud-based infrastructure.

“We believe that executing the transformation strategy I have outlined will create significant value for shareholders. That remains our focus,” he said.

PayPal’s restructuring strategy divides its operations into three main areas: checkout solutions and PayPal, consumer financial services including Venmo, and payment services and cryptocurrency.