Adyen NV

ADYEY is in a Stage 2 markup driven by a robust Lockout Rally, with price firmly above repaired 9- and 20-EMAs and showing institutional short-covering dynamics despite overbought readings. Medium-term structure supports further upside, and a Lockout Rally override validates immediate participation rather than waiting for a pullback.

• ↑Net revenue rose 21% YoY in H2 2025, guiding 20–22% growth in 2026
• ↑AI-powered Dynamic Identification improves merchant conversion and reduces costs
• ↓Negative earnings yield and low profitability metrics raise return concerns