Bernstein keeps Buy rating for Amadeus IT Group stock

Published on 10/09/2026 at 12:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue reached EUR 3.335 billion, up 2 percent. Amadeus IT Group stock costs EUR 52.53 on October 9, 2026 after EUR 51.45.

Key points in brief

Bernstein maintained a Buy rating and set a EUR 78.00 price target on October 7, 2026.
Amadeus reported EUR 3.335 billion in first-half 2026 revenue, up 2 percent year over year.
The stock was at EUR 52.53 at Lang & Schwarz on October 9, 2026, up 2.10 percent from EUR 51.45.
The EUR 78.00 target lies 48.49 percent above the Lang & Schwarz price.

High-contrast black and white documentary photograph of busy airline check-in hall, uniformed agents at long counter row, passengers with luggage queuing — Amadeus IT Group ES0109067019 black and white reportage photo airline check-in counter agents, Illustration mit AI erstellt.

Amadeus IT Group (ISIN ES0109067019) was trading at EUR 52.53 at Lang & Schwarz on October 9, 2026 at 12:23 p.m. CEST, up 2.10 percent from the prior close of EUR 51.45. Markets Insider reported on October 7, 2026 that Bernstein analyst Alex Irving maintained a Buy rating and set a EUR 78.00 price target.

Three dated catalysts shaped the stock

On July 31, 2026, Amadeus reported EUR 3.335 billion in first-half revenue, representing 2 percent reported growth and 5 percent growth at constant currency, according to the Yahoo Finance transcript. Adjusted EBIT reached EUR 1.012 billion, up 4 percent on a reported basis, while adjusted diluted earnings per share increased 7 percent at constant currency.

On September 16, 2026, Deutsche Bank upgraded Amadeus from Hold to Buy and raised its price target from EUR 58.00 to EUR 71.50, as Investing.com reported.

Bernstein's October 7 decision added a second current analyst reference, with its EUR 78.00 target standing EUR 6.50 above the Deutsche Bank target. The sequence places analyst expectations above the market price, but the targets remain assessments rather than company guidance.

What does the target imply for valuation?

The EUR 78.00 Bernstein target lies 48.49 percent above the EUR 52.53 Lang & Schwarz price. That calculation uses the target dated October 7, 2026 and the intraday euro price dated October 9, 2026, so it is a cross-date comparison rather than a same-session return measure.

The first-half figures provide the operating counterweight to the valuation gap. Air IT Solutions revenue grew 8.70 percent at constant currency, while Hospitality and Other Solutions revenue rose 9.20 percent; Air Distribution revenue increased 1.10 percent as bookings declined 3.70 percent, according to Yahoo Finance.

Stock stays below its yearly high

Amadeus IT Group stock was EUR 16.57 below the finance quote's EUR 69.10 52-week high and EUR 6.32 above its EUR 46.21 low on October 9, 2026. The same quote showed a market capitalization of EUR 22.5 billion and 85,626 shares traded at the recorded snapshot.

For investors, the central tension is visible in the operating mix: travel technology growth remained positive in the first half, while air distribution bookings fell 3.70 percent. The analyst targets therefore point to the value assigned to Amadeus's broader platform, while the reported booking figure remains the clearest near-term operating constraint.

Euro price and analyst gap

At Lang & Schwarz, Amadeus IT Group stock was trading at EUR 52.53 on October 9, 2026 at 12:23 p.m. CEST, up 2.10 percent versus the Lang & Schwarz prior close of EUR 51.45. The stock's primary listing is on BME in EUR, where the market context is the IBEX 35.

The further course of trading is shown by the continuously updated real-time quote of Amadeus IT Group stock.