NuWays keeps Buy on Multitude, sets EUR 11 price target

Reuters2026/08/12 07:00

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NuWays reiterated a BUY on Multitude with a 12-month target price of EUR 11 in a Q2 2026 preview note.
Analyst expects Q2 net profit of EUR 5.9 million, down 15% year-on-year, as higher costs offset stronger fee income.
Revenue forecast at EUR 65.7 million, down 1% year-on-year, with fee and commission income seen near-doubling to EUR 5.9 million.
NuWays expects profitability to be second-half weighted, citing Sortter consolidation, earn-outs, wholesale banking growth; FY26 net profit seen at EUR 29.3 million.
Valuation view cites EUR 5.3 per share, implying FY26e P/E of 5.3x, with NuWays calling the multiple undemanding.

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. Multitude AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_26476) on August 12, 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.

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NuWays keeps Buy on Multitude, sets EUR 11 price target

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