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Sphene Capital reiterates NCTE buy rating, keeps price target at EUR 2.5

PUBT·08/13/2026 10:42:43
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Sphene Capital reiterates NCTE buy rating, keeps price target at EUR 2.5
  • Sphene Capital updated its research on NCTE AG following H1 2026 results and a July 29 earnings call.
  • Buy rating reiterated. Price target maintained at EUR 2.5 per share.
  • Management guidance reaffirmed: revenue EUR 4.4 million to EUR 5.4 million. EBITDA EUR -0.5 million to EUR 0.1 million.
  • Book-to-bill ratio reported at 0.76 for H1 2026, sharpening focus on new orders and pipeline conversion.
  • Sphene lifted estimates to revenue of EUR 5.4 million for 2026, rising to EUR 6.5 million for 2027.


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. NCTE AG published the original content used to generate this news brief via pressetext (Ref. ID: 202608130638PRESSTXTEUPR__DEF6802FA788686DFB5B5EBD3F512862B) on August 13, 2026, and is solely responsible for the information contained therein.