New Buy Rating for Adyen (ADYYF), the Technology Giant

In a report released today, Hannes Leitner from Jefferies maintained a Buy rating on Adyen, with a price target of €1,835.00. The company’s shares closed last Friday at $1,680.11.

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According to TipRanks, Leitner is a 5-star analyst with an average return of 16.1% and a 63.31% success rate. Leitner covers the Technology sector, focusing on stocks such as Adyen, Wise PLC Class A, and Worldline.

Adyen has an analyst consensus of Strong Buy, with a price target consensus of $2,231.70, which is a 32.83% upside from current levels. In a report released on October 3, TR | OpenAI – 4o also upgraded the stock to a Buy with a €1,638.00 price target.

Based on Adyen’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $1.25 billion and a net profit of $240.48 million. In comparison, last year the company earned a revenue of $1.21 billion and had a net profit of $409.61 million

Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ADYYF in relation to earlier this year.