Analyst Hannes Leitner from Jefferies maintained a Buy rating on Adyen and keeping the price target at €1,240.00.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Hannes Leitner has given his Buy rating due to a combination of factors that point to a solid operating backdrop for Adyen. He notes that recent U.S. bank results show accelerating card spending growth year over year, indicating resilient consumer activity that should support payment volumes flowing through processors like Adyen.
At the same time, the latest U.S. inflation data, with headline prices rising while core measures remain contained, suggests a stable macro environment rather than one signaling stress or contraction. Together, these card-usage and inflation trends create a favorable near-term setup for payment and FinTech names, reinforcing his positive stance on Adyen’s equity story and earnings potential.
In another report released on April 2, Barclays also maintained a Buy rating on the stock with a €1,200.00 price target.