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Adyen price target raised to EUR 1,800 from EUR 1,700 at Monness Crespi

Monness Crespi raised the firm’s price target on Adyen (ADYEY) to EUR 1,800 from EUR 1,700 and keeps a Buy rating on the shares. Adyen missed on volume, revenue and EBITDA estimates with prior calendar year 2025 guidance looking for a “slight” acceleration being pulled back, notes the analyst, who cut the firm’s estimates. However, the firm raised its target and says that “notwithstanding the miss,” which it attributes to “factors largely outside Adyen’s control,” that the growth algorithm “continues to perform well.”

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