Adyen Seems Like A Bargain Again

Daniel Schönberger13.67K FollowersFollow5ShareSavePlay(14min)Comment(1)SummaryAdyen N.V. is now rated a 'Buy' after a 70% stock decline, with valuation reflecting sector-wide pessimism and key risks.ADYEY delivered 18.4% revenue growth and 13.6% EPS growth in FY25, with management guiding for 20–22% revenue growth in FY26.Discounted cash flow analysis suggests ADYEY trades 25% below intrinsic value, even with cautious growth assumptions.Key risks include faster-than-expected growth deceleration and intensified competition, but improving diversification and high ROIC support the long-term thesis. Robert vt Hoenderdaal/iStock Editorial via Getty Images It has only been four months since I published my last article about Adyen N.V. (ADYEY) in mid-November 2025. In the article I had difficulties reaching a clear conclusion and wroteThis article was written byDaniel Schönberger13.67K FollowersFollowMy analysis is focused on high-quality companies, that can outperform the market over the long-run due to a competitive advantage (economic moat) and high levels of defensibility. Focused on European and North American companies, but without constraints regarding market capitalization (from large cap to small cap companies).My academic background is in sociology and I hold a Master’s Degree in Sociology (with main emphasis on organizational and economic sociology) and a Bachelor’s Degree in Sociology and History.Analyst’s Disclosure: I/we have a beneficial long position in the shares of PYPL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.