Deutsche Bank raises target for Amadeus IT Group stock

Published on 10/14/2026 at 13:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Deutsche Bank set EUR 71.50 versus EUR 58.00 on September 16, 2026. Amadeus IT Group stock is EUR 52.57 on October 14, 2026, below EUR 69.10.

Analyst target and operating growth

Deutsche Bank set a EUR 71.50 target versus EUR 58.00 on September 16, 2026.
Amadeus reported EUR 3,335 million of first-half 2026 revenue and 5.00 percent constant-currency growth.
Amadeus IT Group stock traded at EUR 52.57 at 1:26 p.m. CEST at Lang & Schwarz on October 14, 2026, below the EUR 69.10 52-week high.

Clean isometric 3D tech illustration with four nodes: airplane at gate, hotel building, travel agency counter, passenger with luggage, connected by glowing data lines to central hub — Amadeus IT Group ES0109067019 isometric 3D GDS network airline hotel travel agency passenger nodes, Illustration mit AI erstellt.

Amadeus IT Group (ES0109067019) was priced at EUR 52.57 at Lang & Schwarz at 1:26 p.m. CEST on October 14, 2026, while the stock remained below its EUR 69.10 52-week high. The latest major analyst action came on September 16, 2026, when Deutsche Bank raised its rating from Hold to Buy and its target from EUR 58.00 to EUR 71.50, according to Yahoo Finance.

Target rises as AI risks are tested

Deutsche Bank's analysis described artificial intelligence disintermediation as a risk to booking volumes and pricing, but judged the downside manageable. The bank's bear case put the 2028 earnings-per-share impact at 5.00 percent versus its base case, while its target increase reflected confidence in Amadeus' cash generation and role in travel technology.

The upgrade followed a period of operational growth. In the first half of 2026, Amadeus generated EUR 3,335 million of revenue, up 5.00 percent at constant currency, while adjusted EBIT rose 5.00 percent at constant currency to EUR 1,012 million and free cash flow reached EUR 472 million, according to Yahoo Finance.

What does the growth mix show?

Amadeus' first-half 2026 segment figures show Air IT Solutions revenue growth of 8.70 percent and Hospitality and Other Solutions growth of 9.20 percent at constant currency. Air distribution revenue grew 1.10 percent, while bookings declined 3.70 percent, highlighting the contrast between higher-value technology services and travel-volume sensitivity.

Three milestones shape the picture

On July 31, 2026, Amadeus reported EUR 3,335 million of first-half revenue and EUR 472 million of free cash flow. On the same results call, management said 25.00 percent of its Altéa business was involved in a Nevio program and described a new airline customer carrying more than 40 million passengers annually. The company also said its revised 2026 outlook retained a free-cash-flow range of EUR 1.35 billion to EUR 1.45 billion, with the lower end of revenue expectations affected by Middle East volatility, as recorded by Yahoo Finance.

Next reporting date is November 6

The next quarterly results are scheduled for November 6, 2026, according to TickerLandia. That date gives investors a defined checkpoint for testing whether the stronger Air IT and hospitality trends can offset weaker booking volumes.

Stock stays below its yearly high

Amadeus IT Group stock was trading at EUR 52.57 at Lang & Schwarz on October 14, 2026 at 1:26 p.m. CEST. The quoted level was EUR 16.53 below the EUR 69.10 52-week high and EUR 6.36 above the EUR 46.21 low.

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