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Updated 3h ago
ADYEN logo

Adyen N.V.ENXTAM:ADYEN Stock Report

Market Cap €29.3b
Updated 3h ago
Share Price
n/a
1Y-31.0%
7D-9.5%
1D1.1%
Portfolio Value
​
View

Adyen N.V.

ENXTAM:ADYEN Stock Report

Market Cap: €29.3b

  • Company Overview
  • Valuation
  • Future Growth
  • Past Performance
  • Financial Health
  • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Adyen (ADYEN) Stock Overview

Operates a payments platform in Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. More details

ADYEN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance3/6
Financial Health6/6
Dividends0/6

Rewards

Trading at 31.5% below our estimate of its fair value

Earnings are forecast to grow 17.16% per year

Earnings grew by 13% over the past year

Risk Analysis

Volatile share price over the past 3 months compared to the Dutch market


ADYEN Community Fair Values

Create Narrative

See what 262 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
32.9% undervalued intrinsic discount
AnalystConsensusTarget
•25d ago

Digital Payment Expansion Will Unlock New Global Merchant Channels

1.4k
0
125
AN
AnalystLowTarget
Fairly Valued intrinsic discount
AnalystLowTarget
•10d ago

CBDCs And Fierce PayPal Competition Will Compress Margins

334
0
4
AN
AnalystHighTarget
51.1% undervalued intrinsic discount
AnalystHighTarget
•2mo ago

Digital And Mobile Payment Trends Will Reshape Global Commerce

244
0
8

Top Community Narratives

ST
26.8% undervalued intrinsic discount
Stolkiee
•28d ago

Adyen presents a historically attractive valuation at a 1.0x PEG ratio, trading at unprecedented low multiples despite exceptional margins a

114
0
6
IV
Emerging Author
4.7% undervalued intrinsic discount
Ivoed
•2mo ago

Adyen’s next debate is not about payments growth, but whether its new layers actually become cash flow

344
0
12

Top Community Narratives

Top Analyst Narratives

ST
26.8% undervalued intrinsic discount
Stolkiee
•28d ago

Adyen presents a historically attractive valuation at a 1.0x PEG ratio, trading at unprecedented low multiples despite exceptional margins a

114
0
6
AN
AnalystConsensusTarget
32.9% undervalued intrinsic discount
AnalystConsensusTarget
•25d ago

Digital Payment Expansion Will Unlock New Global Merchant Channels

1.4k
0
125
IV
Emerging Author
4.7% undervalued intrinsic discount
Ivoed
•2mo ago

Adyen’s next debate is not about payments growth, but whether its new layers actually become cash flow

344
0
12
AN
AnalystLowTarget
Fairly Valued intrinsic discount
AnalystLowTarget
•10d ago

CBDCs And Fierce PayPal Competition Will Compress Margins

334
0
4
AN
AnalystHighTarget
51.1% undervalued intrinsic discount
AnalystHighTarget
•2mo ago

Digital And Mobile Payment Trends Will Reshape Global Commerce

244
0
8
View all narratives

Adyen N.V. Competitors

HAL Trust

Symbol: ENXTAM:HAL
Market cap: €14.6b

CVC Capital Partners

Symbol: ENXTAM:CVC
Market cap: €14.3b

Corpay

Symbol: NYSE:CPAY
Market cap: US$26.8b

SWI Capital Holding

Symbol: ENXTAM:SWICH
Market cap: €5.5b

Price History & Performance

Summary of share price highs, lows and changes for Adyen
Historical stock prices
Current Share Price€928.70
52 Week High€1,600.80
52 Week Low€772.40
Beta1.88
1 Month Change-12.52%
3 Month Change8.13%
1 Year Change-30.96%
3 Year Change29.36%
5 Year Change-65.89%
Change since IPO104.11%

Recent News & Updates

User avatar
Narrative Update • Sep 03

ADYEN: Execution Risk Around AI Commerce Expansion Will Shape A Cautious Outlook

Adyen's fair value estimate has shifted from €890 to €931 as analysts weigh higher sector price targets, a slightly higher discount rate, modestly lower growth and margin assumptions, and continued support for the platform's global acquiring and banking capabilities. Analyst Commentary Recent Street research on Adyen gives you a mix of supportive and more cautious views, which helps explain the current fair value estimate and the range of price targets around the stock.

Recent updates

User avatar
Narrative Update • Sep 03

ADYEN: Execution Risk Around AI Commerce Expansion Will Shape A Cautious Outlook

Adyen's fair value estimate has shifted from €890 to €931 as analysts weigh higher sector price targets, a slightly higher discount rate, modestly lower growth and margin assumptions, and continued support for the platform's global acquiring and banking capabilities. Analyst Commentary Recent Street research on Adyen gives you a mix of supportive and more cautious views, which helps explain the current fair value estimate and the range of price targets around the stock.
User avatar
Narrative Update • Aug 18

ADYEN: AI Commerce And First Acquisitions Will Support Higher Multiple

Adyen's analyst fair value estimate has been lifted from about €1,330 to about €1,385, reflecting higher Street price targets around €1,350 from several banks, alongside ongoing debate from other analysts who see slower growth and assign targets closer to €900 to €931. Analyst Commentary Recent Street research on Adyen highlights a clear split between analysts who see room for further upside and those who are more cautious on growth and execution.
User avatar
New Narrative • Aug 16

Adyen presents a historically attractive valuation at a 1.0x PEG ratio, trading at unprecedented low multiples despite exceptional margins a

Adyen demonstrates strong economic moat quality through minimal customer churn and wallet share expansion driving approximately 80% of quarterly growth, though this relies heavily on existing accounts while 2026 acquisition investments in the US, Japan, India, and Brazil lay the groundwork for future revenue. The company trades at an unprecedented valuation low of 18x 2026 EPS and 15x 2027 EPS with ~20% expected earnings growth, yielding a PEG ratio of 1.0x.
Analysis Article • Aug 16

Adyen N.V. (AMS:ADYEN) Just Reported Half-Year Earnings: Have Analysts Changed Their Mind On The Stock?

It's been a pretty great week for Adyen N.V. ( AMS:ADYEN ) shareholders, with its shares surging 14% to €1,062 in the...
User avatar
Narrative Update • Jul 31

ADYEN: Enterprise Payments Wins And AI Commerce Adoption Will Support Higher Multiple

Adyen's analyst fair value estimate has been adjusted lower by about €29 to €1,330. Analysts are factoring in softer revenue growth assumptions, slightly lower future P/E expectations, and recent shifts in ratings and price targets that include new Hold and Neutral stances around the €890 to €1,238 range.
User avatar
Narrative Update • Jul 17

ADYEN: Enterprise Payments And ECB Digital Euro Pilot Will Support Higher Multiple

Analysts have trimmed their Adyen fair value estimate from about €1,394 to roughly €1,360, reflecting recent price target resets and a more cautious tone on growth and margins, even as views remain broadly neutral on competitive threats such as a potential Stripe PayPal tie-up. Analyst Commentary Recent research on Adyen shows a mixed but generally balanced tone, with analysts weighing the company’s enterprise focus, growth reset expectations, and competitive positioning when thinking about valuation and execution risk.
User avatar
Narrative Update • Jun 24

ADYEN: AI Commerce And Billing Expansion Should Support Future Margin Resilience

Analysts have slightly reduced their fair value estimate for Adyen from €1,904 to €1,900. This reflects mixed recent research, with some firms raising price targets and others lowering ratings as they reassessed revenue growth, profit margins and appropriate P/E levels.
User avatar
New Narrative • Jun 22

Adyen’s next debate is not about payments growth, but whether its new layers actually become cash flow

The market is no longer debating whether Adyen is a good company. That part is settled.
Analysis Article • Jun 17

Adyen (ENXTAM:ADYEN) Stock Could Be 36% Undervalued After Its New AI Commerce Launch

Adyen (ENXTAM:ADYEN) stock is back in focus after the company introduced Adyen Agentic, a suite of APIs that connects enterprise merchants to conversational AI commerce channels through a single integration. See our latest analysis for Adyen. The Adyen share price has been volatile, with a 7 day share price return of 10.61%, a year to date share price return down 36.42%, and a 1 year total shareholder return down 44.61%. Recent AI and billing announcements appear to be lifting sentiment off a...
User avatar
Narrative Update • Jun 09

ADYEN: Slower Share Gains And New Deals Will Shape A Measured Outlook

The analyst fair value estimate for Adyen has been adjusted from €950 to €890 as analysts factor in slower share gains, updated price targets, and refreshed assumptions for growth, margins, the discount rate, and future P/E multiples. Analyst Commentary Recent research reflects a more cautious stance on Adyen, with several bearish analysts reassessing expectations for share gains and valuation.
User avatar
Narrative Update • May 26

ADYEN: Mixed Price Views And New Partnerships Will Shape A Measured Outlook

Adyen's analyst price target has been updated, with recent changes framed around a new €100 increase from one firm and a €79 reduction from another, as analysts weigh stronger projected revenue growth, slightly higher profit margins, and a marginally lower assumed future P/E. Analyst Commentary Recent research on Adyen combines more optimistic views on revenue and margins with a clear set of caution flags.
User avatar
Narrative Update • May 04

ADYEN: Long Term Market Positioning Will Support Higher Future Earnings Multiple

Adyen's analyst fair value estimate has been reduced from €1,460.82 to €1,394.09 as analysts temper revenue growth, profit margin and future P/E assumptions, following a series of price target cuts and more measured, though still constructive, views in recent research. Analyst Commentary Recent research on Adyen reflects a mix of optimism about the long term opportunity and caution around valuation assumptions, with several firms trimming price targets while keeping constructive views on the stock.
User avatar
Narrative Update • Apr 20

ADYEN: Reset Expectations And New Partnerships Will Shape A Balanced Outlook

Adyen's updated analyst price target of €950, reduced from €1,361.98, reflects a reset in expectations as analysts factor in lower revenue growth assumptions, a smaller future P/E multiple, and slightly higher discount rates. These factors are partly offset by a modestly higher profit margin outlook and continued positive views in recent research.
User avatar
Narrative Update • Apr 05

ADYEN: Reset Expectations And New Partnerships Should Support Future Margin Expansion

Adyen's updated analyst narrative keeps the fair value unchanged while framing recent cuts to Street price targets toward around €1,800 as a reset that factors in revised assumptions on discount rate, revenue growth, profit margins and future P/E, with analysts still citing the company as a preferred high quality payments asset. Analyst Commentary Recent Street research around Adyen points to a mixed but still constructive tone, with several bullish analysts highlighting the company as a quality payments name even as price targets reset to new assumptions on growth, discount rates and margins.
User avatar
Narrative Update • Mar 22

ADYEN: Market Share Gains And New Partnerships Will Support Future Margin Expansion

Adyen's updated analyst price target has shifted from about €2,267 to €1,904, reflecting analysts' recent recalibration of growth, margin and P/E assumptions following a series of reduced but still constructive Street targets. Analyst Commentary Recent research around Adyen has centered on recalibrated price targets and refreshed views on the stock's execution and growth potential.
User avatar
Narrative Update • Mar 08

ADYEN: Long Term Market Share Gains Will Support A Higher Future Multiple

We are trimming our Adyen fair value estimate to €1,460.82 from €1,812.87, reflecting lower assumed revenue growth, slightly softer profit margins, and a reduced future P/E multiple that aligns with recent analyst price target cuts clustered around €1,350 to €1,925. Analyst Commentary Recent Street research around Adyen has become more mixed, with several large banks trimming price targets while others keep the stock in their preferred ideas lists.
User avatar
Narrative Update • Feb 10

ADYEN: Market Share Gains In Payments Will Support Stronger Margin Expansion

Narrative Update: Adyen Our Adyen fair value estimate is adjusted slightly lower to €2,267 from €2,287 as analysts fine tune assumptions around discount rates, revenue growth and future P/E following a mix of reduced and increased price targets, alongside fresh bullish coverage. Analyst Commentary Recent research shows a split tape on Adyen, with some cautious revisions to price targets alongside fresh bullish calls and upgrades.
User avatar
Narrative Update • Jan 26

ADYEN: Market Share Gains And Cost Discipline Will Support Balanced Outlook

Adyen's updated analyst price target edges higher as fair value is revised to €1,361.98, supported by slightly adjusted revenue growth and margin assumptions. This is reinforced by recent target increases and rating upgrades from analysts.
User avatar
Narrative Update • Jan 11

ADYEN: Market Share Ambitions And Margin Discipline Will Shape Balanced Outlook

We are lifting our Adyen fair value estimate slightly to €1,356 from €1,350, reflecting analysts' higher price targets, modestly stronger revenue and margin assumptions, and a lower future P/E in updated models. Analyst Commentary Recent Street research has generally reflected a constructive tone on Adyen, with several firms lifting price targets and expressing confidence in the company’s execution.
User avatar
Narrative Update • Dec 26

ADYEN Margins And Partnerships Will Define Balanced Risk Reward Ahead

We modestly lift our Adyen price target to EUR 1,350 from EUR 1,400 as analysts point to solid net revenue performance, improving margins and a lower forward valuation multiple, partially offset by slightly softer growth expectations. Analyst Commentary Recent Street research reflects a generally constructive stance on Adyen, with higher price targets supported by solid net revenue trends and improving margins.
User avatar
Narrative Update • Dec 12

ADYEN: Reduced Execution Risk Will Support Stronger Margin Expansion Ahead

Analysts have nudged their price expectations for Adyen higher, with the blended target rising by approximately EUR 60 to around the mid EUR 1,800s. They cite stronger net revenue growth, operating leverage from moderated hiring, and a slightly lower risk profile that supports a richer yet still reasonable earnings multiple.
User avatar
Narrative Update • Sep 04

Digital Payment Expansion Will Unlock New Global Merchant Channels

Adyen's unchanged analyst price target of €1813 reflects both confidence in its core business resilience and long-term growth prospects, despite near-term estimate reductions driven by missed financial targets and external pressures impacting performance. Analyst Commentary Bullish analysts note resilient sales performance in Q2 despite tariff headwinds, citing continued strength in the core business.
User avatar
New Narrative • Nov 10

Product Innovation And Unified Commerce Expansion To Unlock New Revenue Streams And Market Growth

Adyen's innovation and expanded Unified Commerce offerings position it for revenue growth and market expansion across retail and hospitality.

Shareholder Returns

ADYENNL Diversified FinancialNL Market
7D-9.5%-5.8%-1.1%
1Y-31.0%-19.3%34.7%

Return vs Industry: ADYEN underperformed the Dutch Diversified Financial industry which returned -19.3% over the past year.

Return vs Market: ADYEN underperformed the Dutch Market which returned 34.7% over the past year.

Price Volatility

Is ADYEN's price volatile compared to industry and market?
ADYEN volatility
ADYEN Average Weekly Movement6.9%
Diversified Financial Industry Average Movement2.9%
Market Average Movement3.8%
10% most volatile stocks in NL Market7.6%
10% least volatile stocks in NL Market2.3%

Stable Share Price: ADYEN's share price has been volatile over the past 3 months compared to the Dutch market.

Volatility Over Time: ADYEN's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of Dutch stocks.

About the Company

FoundedEmployeesCEOWebsite
20065,020Pieter van der Doeswww.adyen.com

Adyen N.V. operates a payments platform in Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. Its platform integrates payments stack, including gateway, risk management, processing, acquiring, and settlement services. The company offers a back-end infrastructure for authorizing.

Adyen N.V. Fundamentals Summary

How do Adyen's earnings and revenue compare to its market cap?
ADYEN fundamental statistics
Market cap€29.32b
Earnings (TTM)€1.13b
Revenue (TTM)€2.58b
26.0x
P/E Ratio
11.3x
P/S Ratio

Is ADYEN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ADYEN income statement (TTM)
Revenue€2.58b
Cost of Revenue€813.18m
Gross Profit€1.77b
Other Expenses€645.60m
Earnings€1.13b

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

Oct 28, 2026

Earnings per share (EPS)35.66
Gross Margin68.54%
Net Profit Margin43.55%
Debt/Equity Ratio0%

How did ADYEN perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/13 17:43
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Adyen N.V. is covered by 55 analysts. 27 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Richard KramerArete Research Services LLP
Oliver LesterArete Research Services LLP
Joao Safara SilvaBanco Santander

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