Adyen shares defend key support as Stripe-PayPal deal stays in focus
Adyen shares are correcting after a strong post-earnings rally but continue to hold key support at €1,017. At the same time, a potential deal involving Stripe and PayPal adds to the company’s longer-term competitive risks.
One of the more notable industry developments for Adyen is the reported talks over a potential acquisition of PayPal by an investor group led by Stripe and Advent International. According to The Wall Street Journal, the initial proposal valued PayPal at roughly $53 billion, while discussions over a potentially higher price are continuing.
For Adyen, such a deal would matter primarily because it could strengthen one of its main competitors. A combined platform could potentially expand Stripe’s ability to attract large international merchants and offer multiple payment products within a single ecosystem.

€1,017 becomes the key support for the next move
Adyen shares failed to reach the previously identified resistance at €1,109 and pulled back toward key support at €1,017. This level now becomes the main focus for the coming trading sessions.
As long as buyers manage to defend €1,017, the post-earnings momentum remains intact. In that case, another move toward €1,109 remains possible, while a decisive break above that level could open the way toward the next target near €1,156.
One obstacle is the RSI (14), which remains close to overbought territory. This could limit near-term upside and increase the probability of further consolidation following the sharp post-earnings advance.
The medium-term target remains in the €1,200–1,250 range.
Post-earnings momentum remains intact above €1,017
It is still too early to view the current pullback as the end of the post-earnings recovery. First-half results confirmed continued business growth, with net revenue rising 19% year over year and processed volume increasing 24%. The company also raised its 2026 net revenue growth guidance to 21–23% at constant currency.
The main test is therefore €1,017. As long as the shares remain above this level, the pullback looks more like a cooling phase after a rapid rally than a change in the medium-term structure.