Bernstein keeps Buy rating for Amadeus IT Group stock

Published on 10/08/2026 at 12:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bernstein set a EUR 78.00 target on October 7, 2026. Amadeus IT Group stock costs EUR 51.73 after EUR 51.89, minus 0.31 percent on October 8, 2026.

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Amadeus IT Group (ES0109067019) was trading at EUR 51.73 at Lang and Schwarz on October 8, 2026 at 12:33 p.m. CEST, down 0.31 percent versus the prior close of EUR 51.89. According to Markets Insider on October 7, 2026, Bernstein analyst Alex Irving maintained a Buy rating and set a EUR 78.00 price target.

Bernstein sees a higher target

The EUR 78.00 target stands 50.78 percent above the Lang and Schwarz price of EUR 51.73. The target is also above the EUR 71.13 analyst consensus reported by Markets Insider, giving the latest Bernstein view a 9.67 percent premium to that consensus.

The rating arrives while Amadeus is balancing resilient technology demand against weaker air distribution volumes. The company operates across Air Distribution, Air IT Solutions, and Hospitality and Other Solutions, making segment mix central to the investment case.

First-half growth meets softer bookings

In the first half of 2026, revenue reached EUR 3.335 billion, up 2.30 percent on a reported basis and 5.10 percent at constant currency, according to Yahoo Finance. Adjusted EBIT rose 4.00 percent on a reported basis to EUR 1.012 billion, while adjusted diluted earnings per share increased 7.00 percent at constant currency.

Free cash flow totaled EUR 472.00 million in the first half, up 0.80 percent from the prior year. The counter-factor was Air Distribution bookings, which declined 3.70 percent in the first half, while Air IT Solutions revenue grew 8.70 percent and Hospitality and Other Solutions revenue increased 9.20 percent at constant currency.

Stock stays below its yearly high

At EUR 51.73, the Lang and Schwarz price stood 25.29 percent below the 52-week high of EUR 69.26 and 11.95 percent above the low of EUR 46.21 on October 8, 2026. Finance data put Amadeus IT Group's market capitalization at EUR 22.2 billion on the same date.

Amadeus IT Group trades on BME under ticker AMS.MC and belongs to the IBEX 35. The company reported first-half performance against a backdrop of revised air traffic expectations, leaving the EUR 78.00 Bernstein target dependent on booking recovery and continued growth in its technology segments.

EUR 51.73 remains the reference price

Amadeus IT Group stock was trading at EUR 51.73 at Lang and Schwarz on October 8, 2026 at 12:33 p.m. CEST, down 0.31 percent versus the Lang and Schwarz prior close of EUR 51.89. The further course of trading is shown by the continuously updated real-time quote of Amadeus IT Group stock.