Analyst Hannes Leitner of Jefferies maintained a Buy rating on Adyen (ADYYF – Research Report), retaining the price target of €2,152.00.
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Hannes Leitner’s rating is based on a combination of factors that suggest a positive outlook for Adyen despite some uncertainties. The analyst acknowledges that while the visibility for the first quarter of 2025 is somewhat unclear due to mixed economic indicators and merchant data, there is still a constructive view on the quarter’s performance.
Leitner anticipates that a net revenue growth in the low 20s percentage range will be sufficient to meet the company’s 2025 guidance. This expectation is supported by the typical acceleration in the second half of the year and easing comparatives. Additionally, key merchant results and US economic data provide mild support, even though data from JefData is mixed.
According to TipRanks, Leitner is ranked #838 out of 9371 analysts.