Feb. 5 at 9:57 AM
$ADYEY (ABM FN-Dow Jones) After a sharp drop in the stock price, an attractive buying opportunity has emerged for Adyen. This was stated by analysts at Citi in a report on Thursday.
The analysts pointed to a 20 percent drop in the share price since Adyen's investor day in November. At the same time, the underlying trends in consumer markets have remained broadly intact in the fourth quarter and early 2026, and Adyen is still gaining market share, thanks in part to new customers and products like Adyen Uplift.
Adyen's valuation is now even below the peak of pessimism surrounding the Amsterdam-based payment specialist after the 2023 half-year results, Citi noted. "We consider this an attractive entry point," for a company that has years of structural growth ahead.
Citi maintained its buy rating on Adyen with a price target of €2,100. The stock is also on the American bank's so-called Focus list.
Adyen shares were trading around the previous day's closing price on Thursday, at €1,172.00.
