Adyen: Still A Buy 3 Years Later, But With Higher Upside Potential

  • Adyen's valuation has reset from tech bubble highs, making it an appealing high-growth investment with global reach and robust fundamentals. The company's integrated payment platform, strong client roster, and international expansion underpin its continued double-digit revenue and EPS growth. Despite a premium valuation, I see justified upside with a €1,700/share price target and 15-20% annual return potential through 2027.