Added to YB: 2026-02-17
Pitch date: 2026-02-13
ADYEN.AS [bullish]
Adyen N.V.
+10.12%
current return
Author Info
No bio for this author
Company Info
Adyen N.V. operates a payments platform in Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America.
Market Cap
EUR 30.2B
Pitch Price
EUR 906.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
N/A
EV/Sales
N/A
Sector
Financial Services
Category
growth
Adyen H2 2025 and Full Year Update
ADYEN.AS (earnings): Q4 saw 21% net rev growth (€2.36B FY25) but share dropped 20% on cautious 2026 outlook of 20-22% growth vs prior 'mid-twenties'. EBITDA margin 53% (target >55% by 2028). Strong tailwinds: Unified Commerce +33%, Platforms +49%, Issuing vol 8x YoY. Trading 30x core earnings (ex-float), debt-free w/€4.4B net cash. Land-and-expand model + banking infrastructure positioning for long-term 20% CAGR despite near-term volatility.
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