Adyen (ADYEY) Expected to Announce Earnings on Thursday

Adyen (OTCMKTS:ADYEY) is projected to release its results before the market opens on Thursday, August 13th. Analysts expect Adyen to post earnings of $0.1908 per share and revenue of $1.4950 billion for the quarter.

Adyen Price Performance

OTCMKTS:ADYEY opened at $10.61 on Wednesday. Adyen has a 1-year low of $8.93 and a 1-year high of $18.34. The business’s fifty day moving average price is $9.78 and its 200 day moving average price is $10.85.

Wall Street Analyst Weigh In

ADYEY has been the topic of several research analyst reports. Jefferies Financial Group reaffirmed a “buy” rating on shares of Adyen in a research note on Monday, May 4th. Loop Capital began coverage on shares of Adyen in a report on Wednesday, July 15th. They set a “hold” rating for the company. BNP Paribas Exane downgraded shares of Adyen to a “neutral” rating in a research report on Monday, June 1st. Monness Crespi & Hardt reiterated a “buy” rating on shares of Adyen in a research note on Wednesday, May 6th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Adyen in a research report on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Adyen currently has a consensus rating of “Moderate Buy”.

Adyen Company Profile

Adyen is a global payments technology company that provides an end-to-end platform for accepting and processing electronic payments across online, mobile and point-of-sale channels. Its core services include payment gateway and acquiring capabilities, fraud prevention and risk management, settlement and reconciliation, and tools for recurring and marketplace payments. The platform is designed to consolidate multiple payment functions into a single integration, enabling merchants to accept a wide range of local and international payment methods and currencies.

Founded in 2006 and headquartered in Amsterdam, Adyen was established by Pieter van der Does and Arnout Schuijff to simplify cross-border payments for international merchants.