Nexi is surging, buoyed by better-than-expected results from the Dutch firm Adyen

(Il Sole 24 Ore Radiocor) - Buying is supporting Nexi , which rose by almost three points, buoyed mainly by gains in the payment technology sector following Adyen’s half-year results; in Amsterdam, Adyen’s shares jumped by 11.4% to €1,014. Worldline also performed well (+4.2% to around €12.3) in Paris. Furthermore, rumours persist regarding a possible short-term move by CDP Equity, which has been considering for months increasing its stake in Nexi from the current 19.6% to 29.9% – just below the threshold that would trigger a mandatory takeover bid.

According to media reports, MPS’s recent statement to Consob – in which it specified that Mediobanca currently holds a 5.07 per cent stake in Nexi’s share capital – could be interpreted in this light. According to a Consob document, this stake “derives primarily from hedging activities relating to a Total Return Swap with Nexi shares as the underlying asset, entered into with an unspecified institutional client”. Similarly, JPMorgan has been increasing its stake in Nexi for several weeks; at the end of July, this stood at approximately 4.2 per cent. These two entities are the financial advisers for the transaction to increase the stake in Nexi, which was approved by the board of directors on 25 May, as announced by CDP Equity itself.

In any case, as we mentioned, the sector is being led by the Dutch company Adyen, which has raised its 2026 guidance following a first half-year in which revenue exceeded expectations. The company now forecasts net revenue growth of between 21% and 23% at constant exchange rates, compared with the previous forecast of 20–22%. In the six months to June, net revenue rose by 21 per cent at constant exchange rates to €1.3 billion, exceeding market expectations. The market responded particularly positively to the improved outlook, which came after a difficult period for the share, which is still down 26 per cent since the start of the year.

The Dutch payment technology firm’s new forecasts are also underpinned by its acquisitions of Talon.One for €750 million and the Orb billing platform for $335 million – the first transactions of this kind in Adyen’s history. These acquisitions, “together with the launch of Adyen Agentic and Intelligent Money Movement”, have enabled the payment technology firm to build “a comprehensive financial operating system for modern commerce, which will position us for sustainable and lasting growth”, said Pieter van der Does, co-founder and co-CEO of Adyen, in a statement. “By expanding our role well beyond payments, we are delivering on our long-term strategy and solving more complex structural challenges for our customers, thereby strengthening our business relationships,” concluded van der Does.