First Berlin reiterates Buy on Enapter, cuts price target to EUR 1.3
Bitget2026/09/24 08:33- First Berlin reiterated its Buy rating on Enapter, cutting its 12-month price target to EUR 1.3 from EUR 1.4.
- H1 2026 revenue rose 91% to EUR 10.8 million; EBITDA loss narrowed to EUR 4.5 million from EUR 8.1 million.
- Operating loss widened to EUR 28.5 million, driven by a EUR 19.8 million impairment tied to the Saerbeck campus handover.
- Enapter terminated its partnership with Clean H2; it plans a full H2 write-off of a roughly EUR 17 million receivable.
- First Berlin said the updated DCF reflects higher interest rates; it sees 28% upside to the new target.
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