Positive Outlook for Adyen Stock Amid Overstated Concerns and Stable Trends

In a report released today, Hannes Leitner from Jefferies maintained a Buy rating on Adyen (ADYYF – Research Report), with a price target of €2,039.00.

Hannes Leitner’s rating is based on a combination of factors that suggest a positive outlook for Adyen’s stock. Despite some headwinds from eBay and Cash App, as well as macroeconomic uncertainties like US tariffs, Leitner believes these issues are overstated. The broad merchant base and the resilience of US consumers provide a strong foundation for Adyen’s continued growth.
Additionally, concerns about potential disruptions from Stablecoins are deemed insignificant in the short term. The data from JefData indicates stable trends with key partners like Shein and Temu, further supporting the Buy recommendation. These elements together form a compelling case for the stock’s potential, justifying the Buy rating.

Leitner covers the Technology sector, focusing on stocks such as Adyen, Wise PLC Class A, and Worldline. According to TipRanks, Leitner has an average return of 16.5% and a 67.09% success rate on recommended stocks.