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

Reuters2026/08/07 07:01

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

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.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

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

You may also like

Crypto prices