Down 72% From Its Highs, Is Former Market Darling Adyen Stock Finally a Buy?

Adyen, a payments processing giant, has fallen 72% from its 2021 highs due to revised growth guidance, executive departures, and analyst downgrades. However, the article argues the stock may be undervalued for long-term investors, citing strong historical growth (37% annually since 2016), strategic acquisitions (Talon One and Orb), and a projected forward EBITDA multiple of just 11x based on 2028 targets.