Jefferies kept target for Adyen stock at EUR 1,233

Published on 10/09/2026 at 12:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

H1 net revenue rose 19.00 percent to EUR 1,302.90 million. Adyen stock costs EUR 876.00 on October 9, 2026 after EUR 868.45, plus 0.87 percent.

Key points in brief

Jefferies kept its EUR 1,233 price target and Buy rating for Adyen on September 14, 2026.
Adyen reported first-half 2026 net revenue of EUR 1,302.90 million, up 19.00 percent year over year.
The Lang & Schwarz quote was EUR 876.00 on October 9, 2026, plus 0.87 percent versus EUR 868.45.
Adyen's third-quarter 2026 business update is scheduled for October 28, 2026.

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Adyen (ISIN NL0012969182) was trading at EUR 876.00 at Lang & Schwarz on October 9, 2026 at 12:47 p.m. CEST. On September 14, 2026, Jefferies kept its Buy rating and EUR 1,233 price target for Adyen, according to MarketScreener. Adyen reported first-half 2026 net revenue of EUR 1,302.90 million, up 19.00 percent year over year, in figures published on August 13, 2026 and summarized by Beleggen.co.

Three dates frame the story

On August 13, 2026, Adyen reported first-half processed volume of EUR 803.80 billion, up 24.00 percent year over year, while net revenue rose 19.00 percent to EUR 1,302.90 million, according to Beleggen.co.

On September 9, 2026, Adyen said its Indian workforce had reached 120 employees in the first half of the year, while its Indian pretax result rose from EUR 1.45 million in 2024 to EUR 3.18 million in 2025, as reported by MarketScreener. On September 14, 2026, Jefferies said Adyen's relative market share had risen from 37.00 percent to 43.00 percent and kept the EUR 1,233 target.

What does the target imply?

The EUR 1,233 target stands 40.75 percent above the Lang & Schwarz price of EUR 876.00 on October 9, 2026. That comparison puts the analyst view beside the market quote, while the first-half figures show why margin and take rate matter alongside payment volume.

Adyen reported an EBITDA margin of 49.00 percent in the first half of 2026, or 50.00 percent excluding one-time transaction costs, and free cash flow of EUR 553.40 million, according to Beleggen.co. Processed volume therefore grew 5.00 percentage points faster than reported net revenue in the same period.

Next dates for Adyen

Adyen's investor-relations page lists the next business update for October 28, 2026, in Amsterdam, covering the third quarter of 2026. The date gives investors a defined checkpoint for volume growth, net revenue conversion and the integration of Talon.One and Orb.

Stock quote and valuation context

At EUR 876.00, Adyen was 45.28 percent below its 52-week high of EUR 1,600.80 and above its 52-week low of EUR 772.40 on October 9, 2026. The market capitalization was EUR 27.6 billion at the same date, while the prior close at Lang & Schwarz was EUR 868.45 on October 8, 2026.

Adyen was trading at EUR 876.00 at Lang & Schwarz on October 9, 2026 at 12:47 p.m. CEST, up 0.87 percent versus the prior close of EUR 868.45. The further course of trading is shown by the continuously updated real-time quote of Adyen stock.