Analyst Hannes Leitner from Jefferies maintained a Buy rating on Adyen and keeping the price target at €2,039.00.
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Hannes Leitner has given his Buy rating due to a combination of factors including Adyen’s continued revenue growth and strategic positioning in the payments and fintech sector. Despite a slight miss in revenue expectations and a reduction in guidance due to tariff impacts, Adyen’s Q2 net revenues still showed a robust growth of 20% year-over-year, indicating strong underlying business fundamentals.
Leitner also noted the company’s ability to maintain growth even when excluding certain large clients, which demonstrates resilience and diversification in its revenue streams. The addition of new personnel suggests an investment in future growth potential, and while the guidance for the second half of 2025 has been adjusted, the overall outlook remains positive. These factors collectively support the Buy rating as Adyen continues to show promise in its market segment.
According to TipRanks, Leitner is a 5-star analyst with an average return of 15.7% and a 65.64% success rate. Leitner covers the Technology sector, focusing on stocks such as Wise PLC Class A, Adyen, and Worldline.
In another report released on August 11, Citi also maintained a Buy rating on the stock with a €2,200.00 price target.