JPMorgan keeps Overweight rating for Adyen stock at 42.54 percent upside

Published on 10/26/2026 at 09:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue reached EUR 1.3 billion, up 19 percent year over year. Adyen stock was EUR 947.10 on October 26, 2026 versus a EUR 1,350.00 target.

Analyst stance and operating scale

JPMorgan retained an Overweight rating and a EUR 1,350.00 target on October 23, 2026.
First-half net revenue was EUR 1.3 billion, up 19 percent year over year.
Adyen stock trades at EUR 947.10 at 9:44 a.m. CEST at Lang & Schwarz on October 26, 2026.

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Adyen stock (ISIN NL0012969182) was trading at EUR 947.10 at Lang & Schwarz on October 26, 2026, while JPMorgan kept its Overweight rating and EUR 1,350.00 price target on October 23, 2026. The target is 42.54 percent above the Lang & Schwarz price, based on the two euro values.

The analyst view arrives ahead of Adyen's third-quarter business update. For investors, the key issue is whether the company's high growth rate can continue while acquisitions increase investment needs.

First-half growth sets the benchmark

Adyen reported first-half 2026 net revenue of EUR 1.3 billion, an increase of 19 percent from the first half of 2025, according to the Yahoo Finance transcript published on October 17, 2026.

Adjusted EBITDA reached EUR 642 million in the same period, with a 49 percent margin. Excluding one-time transaction costs, the margin was 50 percent, while processed volume reached EUR 804 billion, according to the same earnings discussion.

What does the target mean for valuation?

JPMorgan analyst Sandeep Deshpande retained the Overweight rating and EUR 1,350.00 target in a note dated October 23, 2026, as reported by MarketScreener. The note projected net income growth of 21 percent and placed the target 42.54 percent above the current euro quote.

Next date is October 28

Adyen's investor-relations calendar lists a third-quarter 2026 business update for October 28, 2026, giving the market its next scheduled operating checkpoint. The company previously said full-year 2026 net revenue growth should reach 21 to 23 percent on a constant-currency basis, with acquisitions contributing to the increase.

Stock quote and investor reference

At EUR 947.10, the Lang & Schwarz quote stood EUR 402.90 below JPMorgan's EUR 1,350.00 target on October 26, 2026. The contrast leaves the scheduled October 28 update as the next concrete test for revenue growth, margin discipline and the contribution from recent acquisitions.

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