Deutsche Bank raises target for Amadeus IT Group stock

Published on 10/02/2026 at 16:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit EUR 3.335 billion in the first half of 2026. Amadeus IT Group stock costs EUR 52.84 on October 2, 2026 versus EUR 52.15.

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Amadeus IT Group (ISIN ES0109067019) was trading at EUR 52.84 at Lang & Schwarz on October 2, 2026 at 4:32 p.m. CEST, up 1.32 percent versus the prior close of EUR 52.15. On September 16, 2026, Deutsche Bank raised its rating from Hold to Buy and its price target from EUR 58.00 to EUR 71.50, as Yahoo Finance reported.

Deutsche Bank prices in AI resilience

The new EUR 71.50 target stands 35.31 percent above the Lang & Schwarz price of EUR 52.84. Deutsche Bank said its assessment followed discussions with Amadeus executives and its own experiments with agentic artificial intelligence in travel booking, according to Yahoo Finance.

The broker also lifted its 2027 and 2028 earnings-per-share estimates by 1 percent while leaving its 2026 estimate broadly unchanged. Its bear case modeled a 5 percent impact on 2028 earnings per share if artificial intelligence reaches more complex travel itineraries and mix protection fades.

First-half revenue reaches EUR 3.335 billion

Amadeus reported EUR 3.335 billion of revenue in the first half of 2026, representing 2 percent reported growth and 5 percent growth at constant currency. Adjusted EBIT increased to EUR 1.012 billion, up 4 percent on a reported basis and 5 percent at constant currency, while the adjusted EBIT margin was 29.80 percent, according to the Yahoo Finance transcript.

Segment performance was uneven. Air IT solutions revenue grew 8.70 percent at constant currency in the first half, while hospitality and other solutions advanced 9.20 percent. Air distribution revenue increased 1.10 percent, but bookings declined 3.70 percent as geopolitical disruption affected travel volumes.

Management retained its adjusted EBIT margin stability objective and expects free cash flow between EUR 1.35 billion and EUR 1.45 billion for 2026. The next scheduled results date is November 6, 2026, according to MarketScreener.

Stock stays below its yearly high

Amadeus IT Group's EUR 52.84 Lang & Schwarz price was 23.75 percent below its 52-week high of EUR 69.30 and EUR 6.63 above its 52-week low of EUR 46.21 on October 2, 2026. Market capitalization stood at EUR 22.6 billion on the same date.

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