Dutch payment giant AdienShares in the Dutch payments giant have fallen as much as 20% after the company announced slightly lower-than-expected net revenue guidance.
According to LSEG estimates, the company expects net revenue growth of 20% to 22% in 2026, while analysts expect 22.8% year-over-year growth.
“This outlook is supported by a strong pipeline and continued product growth for 2025, providing a solid foundation for the year ahead,” Adyen said in a letter to shareholders. “We expect market volume growth to remain broadly in line with 2025 levels, reflecting continued macroeconomic uncertainty.”
As of 10:54 a.m. local time, the stock price was down 16%, and the stock price is down about 16% since the beginning of the year.
Adyen stock price since the beginning of the year
Adyen reported a 17% year-on-year increase in net revenue to €1.27 billion ($1.51 billion) on a reported basis, with EMEA and North America each increasing 17%.
Net sales growth was “reduced by slower growth and a weaker U.S. dollar” for the Asia-Pacific-headquartered online retailer, the company said.
Net revenue from APAC customers accelerated slightly to 14% growth. Adyen reports that this is primarily due to deepening relationships with existing customers.
Net revenue for the second half of the year was broadly in line with analyst expectations.
Adyen’s stock price has fluctuated significantly in recent years. The stock price fell 39% in August 2023 and 18% in 2024.
