Deutsche Bank raises target for Amadeus IT Group stock to EUR 71.50

Published on 10/06/2026 at 09:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Deutsche Bank set a EUR 71.50 target on September 16, 2026. Amadeus IT Group stock costs EUR 53.50 on October 6, 2026 after EUR 53.20, plus 0.56 percent.

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 Group (ISIN ES0109067019) was trading at EUR 53.50 at Lang & Schwarz on October 6, 2026 at 9:39 a.m. CEST, up 0.56 percent from the prior close of EUR 53.20. The latest analyst catalyst came on September 16, 2026, when Investing.com reported that Deutsche Bank upgraded the stock from Hold to Buy and lifted its price target from EUR 58.00 to EUR 71.50.

Deutsche Bank raises its valuation case

The new target is EUR 13.50 above the previous target, a 23.28 percent increase calculated from EUR 58.00. Against the Lang & Schwarz price, the EUR 71.50 target lies 33.64 percent above EUR 53.50.

Yahoo Finance said Deutsche Bank viewed artificial intelligence as a test of Amadeus' role in travel distribution rather than an automatic threat to its earnings model. The broker also raised its 2027 and 2028 earnings-per-share estimates by 1.00 percent while leaving its 2026 estimate broadly unchanged.

First-half growth meets a wider outlook

Amadeus generated EUR 3.335 billion in revenue in the first half of 2026, up 2.00 percent on a reported basis and 5.00 percent at constant currency. Adjusted EBIT reached EUR 1.012 billion in the same period, rising 4.00 percent on a reported basis and 5.00 percent at constant currency.

The first-half performance also included EUR 472.0 million of free cash flow, up 1.00 percent year over year, while adjusted EBIT margin stood at 29.80 percent. The company maintained its 2026 free-cash-flow outlook of EUR 1.35 billion to EUR 1.45 billion, even as its air-distribution growth view moved to a low to mid-single-digit range.

Stock remains below its yearly high

Amadeus IT Group stock was trading within a 52-week range of EUR 46.21 to EUR 69.30 on October 6, 2026. The current EUR 53.50 price is 22.80 percent below the 52-week high, while the market capitalization stood at EUR 22.9 billion.

The contrast is important for investors: first-half adjusted EBIT and free cash flow increased, but the revised outlook reflects weaker air-booking conditions and geopolitical uncertainty. Deutsche Bank's thesis therefore depends on Amadeus preserving its role in airline, hospitality and travel-seller workflows as AI changes how customers search and book.

Trading snapshot in Madrid

Amadeus IT Group is listed on BME under ticker AMS.MC, according to Global Banking and Finance. At Lang & Schwarz, the stock was trading at EUR 53.50 on October 6, 2026 at 9:39 a.m. CEST, plus 0.56 percent versus the Lang & Schwarz prior close of EUR 53.20 on October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Amadeus IT Group stock.