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First Berlin reiterates Buy on H2APEX, cuts price target to EUR 2

PUBT·09/04/2026 07:36:31
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First Berlin reiterates Buy on H2APEX, cuts price target to EUR 2
  • First Berlin reiterated a Buy on H2APEX, cutting its 12-month price target to EUR 2 from EUR 2.7.
  • Q2 revenue rose 63% year on year to EUR 3.5 million.
  • Operating loss widened to EUR 8.3 million, missing First Berlin’s EUR 6.3 million estimate.
  • Revenue guidance was maintained at EUR 14 million to EUR 16 million, supported by contracted sales.
  • Forecasts were trimmed on weaker results, with a slower hydrogen production ramp now assumed in the updated DCF model.


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. H2APEX Group SCA published the original content used to generate this news brief via EQS News (Ref. ID: rc_26752) on September 04, 2026, and is solely responsible for the information contained therein.