08:59 AM EDT, 05/07/2026 (MT Newswires) -- BMO Capital Markets is optimistic on Adyen's (ADYEN.AS) near-term outlook, noting the Dutch financial technology group's growth and stability in the first quarter amid a volatile start to the earnings season.

The group's net revenue reached 620.8 million euros, up 20% at constant currency and in line with market forecasts, bolstered by double-digit growth in constant-currency net revenue at its Platforms, Unified Commerce, and Digital segments, according to a Wednesday note.

"Following the 1Q preannouncement published in April, management provided an additional layer of confidence in the rest-of-year set up; underscored by ADYEN affirming that trends have been stable into 2Q, unlike the deterioration called out by peers,"analysts wrote. "In addition, the qualitative updates were positive (model distortions lapping, up funnel push, agentic) and we see shares in a favorable position to outperform going forward."

For 2026, the core EPS estimate was raised to 38.58 euros from 38.52 euros, while the 2027 forecast was trimmed to 47.84 euros from 47.99 euros. The research firm's top-line projections, on the other hand, were "broadly unchanged."

The outperform recommendation on the stock and price target of 1,200 euros were both retained.