Montega reiterates buy on Exasol, sets EUR 3.2 price target
Reuters2026/08/21 09:37Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Montega reiterated a Buy rating on Exasol, keeping a 12-month price target of EUR 3.2.
- Report flagged near-term pressure from a delayed MariaDB partnership ramp-up, with a EUR 800,000 prepaid ARR set to reset in Q3.
- Upsell performance weakened in Q2, with expansion ARR of EUR 600,000 versus EUR 3.4 million a year earlier.
- Montega expects additional Q3 churn tied to the MariaDB adjustment, with only three PoCs implying roughly EUR 100,000 ARR.
- Analyst sees intact long-term drivers, citing data sovereignty demand, rising data volumes, AI-driven analytics workloads, stronger pipeline visibility.
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. Exasol AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_26612) on August 21, 2026, and is solely responsible for the information contained therein.
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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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