Added to YB: 2026-05-15
Pitch date: 2026-05-13
ADYEN.AS [neutral]
Adyen N.V.
-7.37%
current return
Author Info
Bob’s Payment Stock Substack is a former analyst and portfolio manager. Fundamental buy-and-hold investor. Talking stocks and markets. Focus on Payments, Financial Technology, and Payroll and HCM. Sign up for the newsletter.
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 27.6B
Pitch Price
EUR 890.50
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.60
P/E
26.06
EV/Sales
7.18
Sector
Financial Services
Category
growth
Payments and FinTech Earnings Recap: Q1 2026 - Adyen N.V.
ADYEN.AS (earnings): Q1 FXN net rev +20% (low end of 20-22% guide), FXN vol mid-20s vs 23-24% in 2025. Q2 slightly stronger, H2=H1. Acquiring Talon.One for €750M (12.5x €60M 2026 ARR) to enable real-time promos via SKU-level loyalty platform. +88 FTEs in Q1. 1pt EBITDA margin dilution in 2027. Trades 16.5x EV/EBITDA vs peers like SHOP (mid-50s), TOST (low-20s).
Read full article (2 min)