Adyen NV, formerly Adyen BV, is provider of mobile, online and point-of-sale (POS) payment solutions based in the Netherlands. It operates an online platform enabling merchants to accept payments internationally and from all sales channels, such as online shops, mobile payments from applications and Websites, and POS, such as countertops, mobile terminals, tablets and cash registers, among others. The platform covers the entire payment chain, including technical, contractual, reconciliation and settlement processes. The platform is available in the form of ready-to-use payment pages (HPP), application programming interface (API), and client-side encryption solution (EE). The Company's customers include Mango, KLM, Netflix, Superdry, Uber, Groupon and Crocs, among others. It has offices in the Netherlands, the United Kingdom, France, Germany, Belgium, Brazil, China, Australia, Mexico, Singapore, Spain, Sweden and the United States.
  • TickerA2JNF4
  • ISINNL0012969182
  • ExchangeEuronext Amsterdam
  • SectorSupport Services
  • CountryNetherlands

Analysts

Increased risk weighs on ADYEN NV, penalising its rating down to Slightly Negative

The independent financial analyst theScreener just lowered the general evaluation of ADYEN NV (NL), active in the Specialty Finance industry. As regards its fundamental valuation, the title still shows 1 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Slightly Negative. As of the analysis date July 16, 2019, the closing price was EUR 686.00 and its target price was estimated at EUR 511.76.

Emmanuel Matot ...
  • Stephane Houri

ODDO : Une hiérarchie de valeurs claire, dans un secteur où la croissance est là pour longtemps…

Dans cette note, nous revenons sur les raisons de la croissance rapide du secteur des paiements. En Bourse, il surperforme nettement le secteur de la technologie sur longue période et nous ne voyons aucune raison pour que cela s’arrête. Dans ce cadre, nous proposons une hiérarchie claire sur les valeurs européennes. Nous réitérons nos préférences (Achat) pour Worldline et Wirecard, maintenons notre opinion Neutre sur Ingenico et initions Adyen à Alléger. - >Un secteur che...

Emmanuel Matot ...
  • Stephane Houri

ODDO : A clear hierarchy of stocks, in a sector where growth is set to last

In this note, we review the reasons for the payment sector’s rapid growth. On the stock market, it has sharply outperformed the technology sector over the long run and we see no reason why this should not continue. Against this backdrop, we propose a clear hierarchy of European stocks. We reiterate our preference (Buy) for Worldline and Wirecard, maintain our Neutral recommendation on Ingenico and initiate Adyen at Reduce. - >The sector is pricey for good reasons and has ...

Expert Corporate Governance Service (ECGS)

Adyen - AGM 21 May 2019

In general, Adyen is in compliance with the Dutch regulations relating to the organisation and procedures of the Annual General Meeting. Under ITEM 4, discharge of the supervisory board is sought. Although ECGS has not identified any governance concerns that would lead it not to support the discharge, the level of transparency of the Company's remuneration report is below all standards. Since there is no vote on the remuneration policy and/or report at this AGM, the discharge of the supervisory board is the most appropriate agenda item to express the above concerns. Accordingly, ECGS recommen...

Emmanuel Matot ...
  • Stephane Houri

ODDO : Une hiérarchie de valeurs claire, dans un secteur où la croissance est là pour longtemps…

Dans cette note, nous revenons sur les raisons de la croissance rapide du secteur des paiements. En Bourse, il surperforme nettement le secteur de la technologie sur longue période et nous ne voyons aucune raison pour que cela s’arrête. Dans ce cadre, nous proposons une hiérarchie claire sur les valeurs européennes. Nous réitérons nos préférences (Achat) pour Worldline et Wirecard, maintenons notre opinion Neutre sur Ingenico et initions Adyen à Alléger. - >Un secteur che...

Emmanuel Matot ...
  • Stephane Houri

ODDO : A clear hierarchy of stocks, in a sector where growth is set to last

In this note, we review the reasons for the payment sector’s rapid growth. On the stock market, it has sharply outperformed the technology sector over the long run and we see no reason why this should not continue. Against this backdrop, we propose a clear hierarchy of European stocks. We reiterate our preference (Buy) for Worldline and Wirecard, maintain our Neutral recommendation on Ingenico and initiate Adyen at Reduce. - >The sector is pricey for good reasons and has ...

Increased risk weighs on ADYEN NV, penalising its rating down to Slightly Negative

The independent financial analyst theScreener just lowered the general evaluation of ADYEN NV (NL), active in the Specialty Finance industry. As regards its fundamental valuation, the title still shows 1 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Slightly Negative. As of the analysis date July 16, 2019, the closing price was EUR 686.00 and its target price was estimated at EUR 511.76.

Expert Corporate Governance Service (ECGS)

Adyen - AGM 21 May 2019

In general, Adyen is in compliance with the Dutch regulations relating to the organisation and procedures of the Annual General Meeting. Under ITEM 4, discharge of the supervisory board is sought. Although ECGS has not identified any governance concerns that would lead it not to support the discharge, the level of transparency of the Company's remuneration report is below all standards. Since there is no vote on the remuneration policy and/or report at this AGM, the discharge of the supervisory board is the most appropriate agenda item to express the above concerns. Accordingly, ECGS recommen...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch