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NuWays reiterates Tonies buy rating, sets EUR 18.5 price target

PUBT·07/23/2026 07:00:49
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NuWays reiterates Tonies buy rating, sets EUR 18.5 price target
  • NuWays reiterated a BUY rating on Tonies, keeping a 12-month target price of EUR 18.5 ahead of Aug. 20 results.
  • Q2 sales forecast at EUR 109 million, up 37% year over year; North America expected to rise 60% year over year.
  • H1 adjusted EBITDA seen at breakeven due to product mix; H2 margin forecast at 14.2%, up 3.1 percentage points.
  • Guidance for more than 20% constant-currency group growth viewed as achievable; key H2 drivers include new content launches and Toniebox 2 demand.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tonies SE published the original content used to generate this news brief via EQS News (Ref. ID: rc_26276) on July 23, 2026, and is solely responsible for the information contained therein.