Amadeus IT stock trades at EUR 52.43 as H1 revenue grows

Published on 09/29/2026 at 15:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Amadeus IT stock posted EUR 3,335 million in H1 2026 revenue. Adjusted EBIT reached EUR 1,012 million, with 5 percent constant currency growth.

Photorealistic travel agent at curved desk with three monitors showing flight search, hotel bookings, and route maps, airport terminal visible through window — Amadeus IT Group ES0109067019 travel agency consultant at multi-screen workstation booking flights and hotels, Illustration mit AI erstellt.

Amadeus IT stock was at EUR 52.43 at Lang & Schwarz on September 29, 2026 at 3:05 p.m. CEST, down 0.13 percent from the prior close of EUR 52.50. The company entered the second half of 2026 with H1 revenue of EUR 3,335 million and adjusted EBIT of EUR 1,012 million.

H1 revenue reaches EUR 3,335 million

In the H1 2026 results discussed by Yahoo Finance on July 31, 2026, Amadeus reported revenue growth of 2 percent on a reported basis and 5 percent at constant currency. Adjusted EBIT increased 4 percent on a reported basis and 5 percent at constant currency, while adjusted diluted EPS rose 7 percent at constant currency.

The mix was important. Air IT Solutions revenue grew 8.7 percent at constant currency, while Hospitality and Other Solutions revenue increased 9.2 percent. Air Distribution revenue grew 1.1 percent, and bookings declined 3.7 percent, giving investors a clear split between resilient technology demand and weaker air volumes.

Guidance reflects weaker air volumes

Yahoo Finance reported that management revised its 2026 outlook after the Middle East situation moderated traffic and bookings. The company retained high single-digit growth expectations for Air IT Solutions and low double-digit growth for Hospitality and Other Solutions, while Air Distribution moved to a low to mid single-digit revenue growth outlook.

That operating contrast explains why the latest market discussion centers on execution rather than a simple travel rebound. Amadeus also generated EUR 472 million of free cash flow in H1 2026 and reported adjusted EBIT margin of 29.8 percent at constant currency, supporting the case for cost discipline even as air distribution remains pressured.

Deutsche Bank target stands at EUR 71.50

On September 16, 2026, Investing.com reported that Deutsche Bank upgraded Amadeus from Hold to Buy and raised its price target from EUR 58.00 to EUR 71.50. The new target is 36.38 percent above the Lang & Schwarz price of EUR 52.43, while the earlier target was 10.30 percent above it.

The valuation call adds a second reference point to the H1 numbers. Amadeus IT had a market capitalization of EUR 22.5 billion on September 29, 2026, while its 52-week range stood at EUR 46.21 to EUR 69.30.

Stock trades below prior close

Amadeus IT stock was trading at EUR 52.43 at Lang & Schwarz on September 29, 2026 at 3:05 p.m. CEST, down 0.13 percent versus the Lang & Schwarz prior close of EUR 52.50 on September 28, 2026. The modest daily move leaves the H1 growth profile and the revised air-volume outlook as the clearest measures for judging the shares.