WallStSmart
RYAA

Ryanair Holdings PLC ADR

NASDAQ: RYAAY · INDUSTRIALS · AIRLINES

$53.91
-0.94% today

Updated 2026-04-29

Market cap
$28.11B
P/E ratio
10.80
P/S ratio
1.83x
EPS (TTM)
$4.99
Dividend yield
1.83%
52W range
$48 – $74
Volume
1.5M

Ryanair Holdings PLC ADR (RYAAY) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$53.91
Consensus
$78.00
+44.69%
2030 Target
$469.92
+771.68%
DCF
$202.32
+67.84% MoS
22 analysts:
1 Buy1 Hold0 Sell

Management guidance

Ryanair management guided to FY2026 revenue of €13.95B (approximately $15.62B USD at current rates), representing 3.75% growth from FY2025. CEO Michael O'Leary has outlined an aggressive expansion strategy targeting 800 aircraft and 300 million annual passengers by fiscal 2034, with significant fleet capacity additions driving mid-to-high single-digit annual revenue growth through the projection period.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$781.24
$20.5B Rev × 20x P/S
Base case (2030)
$469.92
$20.5B Rev × 12x P/S
Bear case (2030)
$311.32
$20.5B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$10.8B$13.4B$13.9B$15.6B$16.6B$17.8B$19.1B$20.5B
Revenue growth24.8%3.8%12.0%6.1%7.1%7.3%7.5%
EPS$9.09$5.56$2.12$2.48$2.75$3.08$3.42
P/S ratio12.0x12.0x12.0x12.0x12.0x
Implied price$358.31$381.81$405.31$434.68$469.92

Catalysts & risks

Growth catalysts
+ Boeing 737 MAX fleet expansion with 200+ aircraft on order driving capacity growth and operating leverage
+ Target of 300M passengers by FY2034 requiring sustained 8-10% annual ASK growth
+ Ancillary revenue acceleration (bags, seating, services) growing faster than base fares
+ Secondary airport dominance in Europe with pricing power and cost advantage
+ Share buyback program reducing share count and supporting EPS accretion
+ Prestwick and Madrid maintenance facility expansions supporting 800-aircraft fleet target
Key risks
- Geopolitical uncertainty and Middle East tensions threatening ~25% of jet fuel supply
- Fuel price volatility with WTI crude impacting 30-35% of operating costs
- Economic recession reducing leisure travel demand and pricing power
- EU green fuel mandate (SAF requirements) increasing fuel costs and regulatory compliance burden
- Italian €10M competition fine and regulatory headwinds in key markets
- Aircraft delivery delays from Boeing impacting capacity addition timeline
- Currency headwinds (EUR/USD volatility) affecting USD-denominated results

Methodology

Ryanair Holdings PLC ADR's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 22 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.