Jefferies analyst Hannes Leitner maintained a Buy rating on Adyen today and set a price target of €2,039.00.
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Hannes Leitner has given his Buy rating due to a combination of factors that highlight Adyen’s potential for growth and stability. Despite some market volatility related to tariffs and a softer USD, Leitner remains confident that Adyen is on track to meet its 2025 guidance for net revenue acceleration. This confidence is bolstered by supportive read-throughs from Q2 earnings and macroeconomic data, which suggest that Adyen’s performance aligns well with expectations.
Leitner also notes that while consensus estimates for eBay and foreign exchange may be overly optimistic, buy-side expectations are more in line with his projections. This alignment suggests that the market’s expectations are realistic and achievable, further supporting the Buy rating. Overall, the combination of these factors indicates a positive outlook for Adyen’s future performance, justifying the recommendation to buy the stock.
Leitner covers the Technology sector, focusing on stocks such as Worldline, Adyen, and Wise PLC Class A. According to TipRanks, Leitner has an average return of 16.5% and a 66.05% success rate on recommended stocks.
In another report released on July 19, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a €1,727.00 price target.