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 week since its latest interim results. It was an okay result overall, with revenues coming in at €1.3b, roughly what the analysts had been expecting. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Adyen after the latest results.
Taking into account the latest results, the current consensus from Adyen's 20 analysts is for revenues of €2.87b in 2026. This would reflect a solid 11% increase on its revenue over the past 12 months. Yet prior to the latest earnings, the analysts had been anticipated revenues of €2.86b and earnings per share (EPS) of €38.11 in 2026. Overall, while the analysts have reconfirmed their revenue estimates, the consensus now no longer provides an EPS estimate. This implies that the market believes revenue is more important after these latest results.
Check out our latest analysis for Adyen
We'd also point out that thatthe analysts have made no major changes to their price target of €1,380. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Adyen at €1,900 per share, while the most bearish prices it at €931. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business.
Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We can infer from the latest estimates that forecasts expect a continuation of Adyen'shistorical trends, as the 24% annualised revenue growth to the end of 2026 is roughly in line with the 21% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenue shrink 31% annually. So it's clear that not only is revenue growth expected to be maintained, but Adyen is expected to grow meaningfully faster than the wider industry.
The Bottom Line
The clear take away from these updates is that the analysts made no change to their revenue estimates for next year, with the business apparently performing in line with their models. Fortunately, they also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Their estimates also suggest that Adyen's revenue is expected to perform better than the wider industry. The consensus price target held steady at €1,380, with the latest estimates not enough to have an impact on their price targets.
At least one of Adyen's 20 analysts has provided estimates out to 2028, which can be seen for free on our platform here.
However, before you get too enthused, we've discovered 1 warning sign for Adyen that you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.