-+ 0.00%
-+ 0.00%
-+ 0.00%

NuWays reiterates Buy on GFT Technologies, sets EUR 32 price target

PUBT·08/07/2026 07:01:37
Listen to the news
NuWays reiterates Buy on GFT Technologies, sets EUR 32 price target
  • NuWays reiterated a BUY rating on GFT Technologies, setting a 12-month target price of EUR 32.
  • Q2 sales rose 6.1% to EUR 233 million; adjusted EBIT increased 9.9% to EUR 16.5 million, lifting margin to 7.1%.
  • Order backlog climbed 18% to EUR 484 million, supported by multi-year SAP deals and new next-generation core banking projects.
  • Full-year 2026 guidance stayed unchanged at about EUR 930 million sales, about EUR 71 million adjusted EBIT.
  • NuWays flagged improving client sentiment for higher-value IT modernization work, citing better-than-feared sector signals from European peers.


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. GFT Technologies SE published the original content used to generate this news brief via EQS News (Ref. ID: rc_26430) on August 07, 2026, and is solely responsible for the information contained therein.