Amadeus IT Group stock gains 1.34 percent as targets rise

Published on 10/03/2026 at 22:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Amadeus IT Group stock carries a Deutsche Bank target of EUR 71.50, raised from EUR 58 on September 16. H1 2026 revenue rose 2.3 percent to EUR 3,334.9 million.

Delicate watercolor of Madrid skyline at sunset with Puerta de Alcalá triumphal arch centered, warm amber washes, Retiro park greenery foreground — Amadeus IT Group ES0109067019 watercolor Madrid skyline Puerta de Alcalá arch at golden hour, Illustration mit AI erstellt.

Amadeus IT Group stock (ISIN ES0109067019) closed at EUR 52.80 on the BME on October 2, 2026, gaining EUR 0.70 or 1.34 percent from the previous close. The latest market signal follows a September 16 analyst upgrade that reframed the central artificial intelligence risk for the travel technology group.

Analyst target moves higher

According to Yahoo Finance on September 16, 2026, Deutsche Bank upgraded Amadeus from Hold to Buy and raised its price target from EUR 58 to EUR 71.50. The new target stands 35.4 percent above the October 2 share price, using the target-price comparison formula.

The bank's thesis centers on the global distribution system retaining a role in fulfillment, servicing and airline technology even as AI agents change how travelers search and book. The same report described a hard AI downside case that would reduce 2028 earnings per share by 5 percent against the bank's base case.

H1 growth remains positive

Benzinga reported on September 3, 2026, that Amadeus generated EUR 3,334.9 million in H1 2026 revenue, up 2.3 percent year over year and 5.1 percent at constant exchange rates. Adjusted profit increased 1.4 percent to EUR 748.7 million, while adjusted diluted EPS rose 6.3 percent to EUR 1.75.

The margin comparison is also relevant: adjusted operating margin reached 30.3 percent in H1 2026, 0.5 percentage points above the prior-year period. That combination of modest reported revenue growth and faster adjusted EPS growth makes cost control and share-count changes important variables for the next report.

Next results set for November

Benzinga stated on September 3, 2026, that Amadeus plans to publish its Q3 2026 results on November 6, 2026. The release will provide the next dated test of constant-currency revenue growth, adjusted margin and the company's response to the revised 2026 outlook.

Stock gains on the BME

Amadeus IT Group stock closed at EUR 52.80 on October 2, 2026, with a session range of EUR 51.98 to EUR 52.94 and a 52-week range of EUR 46.21 to EUR 69.30. Its market capitalization was EUR 22.6 billion and trading volume reached 435,229 shares.