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    Amadeus IT Group (BME:AMS) Lifted 2026 Revenue Guidance, Is The Stock Still Cheap?

    Simply Wall St·08/04/2026 20:34:53
    語音播報

    Amadeus IT Group (BME:AMS) has come into focus after revising its 2026 earnings guidance, with expectations for group revenue growth now framed in a mid to high single digit range.

    See our latest analysis for Amadeus IT Group.

    The revised 2026 outlook arrives after a period where Amadeus IT Group’s recent momentum has picked up, with a 1 month share price return of 10.57% and a 3 month share price return of 12.59%. However, the year to date share price return is down 9.92% and the 1 year total shareholder return is down 17.53%, which points to improving short term sentiment following the guidance and earnings update but a weaker longer term experience for shareholders.

    If this earnings revision has you reassessing your watchlist, it could be a good moment to scan the market for travel tech peers and other opportunities using our screener of 104 top founder-led companies

    Amadeus IT Group appears to be a solid travel tech business on the operational side, yet the share price has only just started to recover. The next step is to see how that quality lines up with what the market is currently charging.

    Most Popular Narrative: 14.3% Undervalued

    At a last close of €56.50 versus a narrative fair value of €65.90, Amadeus IT Group is framed as undervalued. The thesis leans heavily on its role at the core of global travel infrastructure.

    The recent wave of AI-related fear has indiscriminately compressed valuation multiples across software, infrastructure and platform businesses. However, this repricing increasingly appears disconnected from operational reality. Amadeus has once again demonstrated that its core platforms remain deeply embedded within the global travel infrastructure, with continued growth across Distribution, Air IT, Hospitality and Airport segments.

    Read the complete narrative.

    Curious what underpins that €65.90 figure. The narrative focuses on revenue expansion, firm margins and a valuation framework tied to long term cash generation. The exact growth assumptions and profit profile driving that target are where the story becomes more detailed.

    Result: Fair Value of €65.90 (UNDERVALUED)

    Have a read of the narrative in full and understand what's behind the forecasts.

    However, there are still clear risks for Amadeus IT Group, including any slowdown in global travel volumes and faster-than-expected shifts in airline distribution models.

    Find out about the key risks to this Amadeus IT Group narrative.

    Next Steps

    If this combination of cautious and optimistic signals around Amadeus IT Group seems unclear, take time to review the details and decide where you stand by checking the 2 key rewards and 2 important warning signs

    Looking for more investment ideas beyond Amadeus IT Group?

    If Amadeus IT Group is already on your radar, do not stop there. Use this moment to widen your view and compare it with other focused opportunities.

    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.