Amadeus IT stock gained 1.34 percent as targets rose higher

Published on 10/04/2026 at 20:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Amadeus IT stock was last at EUR 52.80 on October 2, 2026, after a revised 2026 outlook. First-half revenue reached EUR 3,335 million as adjusted EBIT rose 4 percent.

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 (ISIN ES0109067019) was last at EUR 52.80 on the BME on October 2, 2026, up 1.34 percent from EUR 52.10. The stock is trading against a more constructive analyst view after Deutsche Bank raised its rating and price target on September 16, 2026.

Analyst targets move higher

According to Investing.com, Deutsche Bank upgraded Amadeus IT from Hold to Buy and lifted its target from EUR 58.00 to EUR 71.50 on September 16, 2026. The bank linked the decision to confidence in the resilience of Amadeus' travel technology business as artificial intelligence changes distribution and reservation markets.

The wider consensus is also above the October 2 price. Investing.com lists an overall Buy rating from 22 analysts, an average 12-month target of EUR 68.45, a low target of EUR 51.00 and a high target of EUR 82.00. At EUR 52.80, the price lies 22.86 percent below the average target, making the gap a valuation question rather than a simple momentum signal.

Revenue growth meets a softer outlook

Amadeus reported EUR 3,335 million of revenue for the first half of 2026, representing 2 percent reported growth and 5 percent growth at constant currency. Adjusted EBIT rose to EUR 1,012 million, up 4 percent on a reported basis, while adjusted diluted earnings per share increased 7 percent at constant currency, according to Yahoo Finance in the H1 2026 earnings call dated July 31, 2026.

The same call showed a sharp difference between business lines. Air IT solutions revenue grew 8.7 percent at constant currency, hospitality and other solutions advanced 9.2 percent, while air distribution revenue increased 1.1 percent and bookings declined 3.7 percent. Management attributed the weaker booking trend to geopolitical disruption and revised 2026 group revenue growth expectations to a mid to high single-digit range.

Stock remains below its yearly high

Amadeus IT's October 2 trading range was EUR 51.98 to EUR 52.94, with 431,962 shares changing hands. The 52-week range was EUR 46.21 to EUR 69.30, leaving the stock 23.81 percent below its yearly high and 14.26 percent above its yearly low.

The next scheduled earnings release is November 5, 2026, according to MarketScreener. That date puts the next operating test on the calendar: investors will be measuring whether improving travel volumes can offset the softer air distribution outlook.