Where Will Adyen Stock Be in 5 Years?
The payments processor keeps growing revenue at an impressive rate, stealing market share from incumbents.
Few European stocks have outperformed their American counterparts over the last five years. Adyen (OTC: ADYE.Y) is one of these select few. Shares of the Dutch company have beaten the S&P 500 since it went public over five years ago.
That's due to its rapid market share gains in the payments processing business around the world. With a modern solution built from the ground up for 21st-century digital tools, Adyen is able to offer a superior value proposition compared to legacy solutions, which is why it now processes over $1 trillion in payment volume a year.
Now, let's turn to the future. Is there more growth left for this European payments giant? Where will Adyen stock be in five years? Let's take a closer look and find out.
