Prosus N.V. – Hidden Giant with Breakout PotentiaFollowing a strong bullish trend in July, Prosus N.V. is already up 8% month-to-date, and things are heating up. The company is reportedly in talks to acquire Just Eat Takeaway.
However, since Prosus already holds a 24% stake in Delivery Hero, the EU antitrust body has pushed back. Prosus has responded by offering to cut its Delivery Hero stake down to 10%, which could pave the way for regulatory approval.
But beyond the headlines, Prosus is a hidden champion in the European tech sector – with a market cap near €120 billion. The company is a global investor and operator in digital platforms, e-commerce, online classifieds, food delivery, fintech, and increasingly, artificial intelligence. With holdings across high-growth tech assets and a long-term strategy focused on unlocking value, Prosus has a positive, innovation-driven outlook, also constantly implementing AI-infrastructure.
From a technical perspective, the chart is clean and convincing: bullish continuation patterns forming repeatedly, always accompanied by decreasing volume during consolidations – a classic sign of strength. On the daily chart, Prosus is comfortably trading above its 10, 21, and 50 moving averages, indicating strong momentum and trend-following alignment. Especially in the last few sessions, we’ve seen a tight consolidation just beneath the 2021 all-time high, with volume drying up – often a precursor to an explosive move.
Should the Just Eat deal go through, Prosus could quickly push toward the €60 level, aligning with Wall Street targets and implying ~20% upside from current levels. Notably, the RSI remains below overbought, leaving room for a healthy push higher.
One cannot overlook the company’s strategic stake in Tencent, which remains a massive value anchor. Tencent not only provides financial muscle but also ongoing exposure to Asia’s tech innovation – something Prosus continues to leverage smartly.
With solid fundamentals, technical momentum, and a major catalyst on the table, Prosus looks well-positioned for Q3 and Q4 2025.
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