NuWays lifts Bittium price target to EUR 42, keeps buy rating

Reuters2026/08/10 07:00

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NuWays raised its target price on Bittium to EUR 42 from EUR 40. It reiterated a Buy rating.
Q2 sales rose 60.1% to EUR 36.6 million. Defense and Security revenue doubled to EUR 28.7 million.
Q2 Defense and Security order intake jumped to EUR 38.2 million. Group backlog climbed 137% to a record EUR 102.2 million.
EBIT rose to EUR 8.1 million from EUR 1.1 million. Margin expanded to 22.2% on a higher share of product sales.
FY26 guidance was confirmed at EUR 140-155 million sales. EBIT forecast stayed at EUR 26-32 million.

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. Bittium Oyj published the original content used to generate this news brief via EQS News (Ref. ID: rc_26446) on August 10, 2026, and is solely responsible for the information contained therein.

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NuWays lifts Bittium price target to EUR 42, keeps buy rating

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