Amadeus IT Group stock trades at EUR 12.56 as AI debate grows

Published on 09/30/2026 at 11:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Amadeus IT Group stock was trading at EUR 12.56 after Deutsche Bank raised its target to EUR 71.50 from EUR 58.00. First-half revenue reached EUR 3.335 billion with 5.00 percent constant currency growth.

Schwarz-Weiß-Reportagefoto einer Reisebüro-Mitarbeiterin, die an einem alten CRT-Buchungsterminal arbeitet, mit abstraktem Flugplanraster auf dem Bildschirm und dokumentarischem Filmkorn — Amadeus ES0113900J37 Schwarz Weiß Reportage Agentin am klassischen historischen GDS Buchungsterminal sitzend, Illustration mit AI erstellt.

Amadeus IT Group (ISIN ES0113900J37) was trading at EUR 12.56 at Lang & Schwarz on September 30, 2026 at 11:36 a.m. CEST, down 0.48 percent versus the prior close of EUR 12.62. The central investor question is whether its travel technology platform can convert artificial intelligence into durable transaction growth.

Deutsche Bank raises its target

According to Investing.com on September 16, 2026, Deutsche Bank upgraded Amadeus from Hold to Buy and lifted its price target to EUR 71.50 from EUR 58.00. The bank argued that artificial intelligence may increase search intensity but does not remove the need for supplier connectivity, fulfillment, servicing and airline technology.

The same assessment identified risks from weaker air travel, faster AI-led disintermediation and pressure from direct connections. That makes the stock's small intraday decline less important than the gap between the market quotation and the bank's revised valuation view.

First half delivers measurable growth

Amadeus reported EUR 3.335 billion of first-half 2026 revenue, representing 2.00 percent reported growth and 5.00 percent growth at constant currency, according to Yahoo Finance. Adjusted EBIT reached EUR 1.012 billion and rose 5.00 percent at constant currency, while adjusted diluted EPS increased 7.00 percent.

The segment mix explains the resilience. Air IT solutions revenue grew 8.70 percent at constant currency, hospitality and other solutions increased 9.20 percent, and air distribution rose 1.10 percent. Air distribution bookings declined 3.70 percent, creating the clearest operating counterweight to the faster-growing businesses.

November results will test guidance

Amadeus expects to publish third-quarter results on November 6, 2026, Benzinga reported on September 3, 2026. Management's 2026 outlook calls for group revenue growth in a mid to high single-digit range and adjusted diluted EPS growth in a high single to low double-digit range.

Free cash flow guidance stands at EUR 1.35 billion to EUR 1.45 billion. The November report will show whether improving bookings and continued hospitality implementations can offset softer air distribution volumes.

Lang & Schwarz quote shows 0.48 percent loss

At Lang & Schwarz, Amadeus IT Group stock was trading at EUR 12.56 on September 30, 2026 at 11:36 a.m. CEST, down 0.48 percent from the prior close of EUR 12.62 on September 29, 2026. Market capitalization stood at EUR 22.3 billion as of September 30, 2026.