NuWays keeps Westwing at Buy, sets price target at EUR 23.50
Bitget2026/10/07 07:01NuWays reiterated a BUY rating on Westwing with an unchanged 12-month target price of EUR 23.5. The firm flagged roughly 100% upside from current levels, citing conference feedback and recent share price weakness. Expansion continued with launches in Ireland and Bulgaria, lifting its European footprint to 28 countries. UK rollout gained traction; NuWays estimated the UK home and living market at about EUR 20 billion. NuWays forecast a 1.2pp year-on-year drop in FY adjusted EBITDA margin to 8.6%, citing UK marketing spend and weak Germany demand. 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. Westwing Group SE published the original content used to generate this news brief via EQS News (Ref. ID: rc_27026) on October 07, 2026, and is solely responsible for the information contained therein.
- NuWays reiterated a BUY rating on Westwing with an unchanged 12-month target price of EUR 23.5.
- The firm flagged roughly 100% upside from current levels, citing conference feedback and recent share price weakness.
- Expansion continued with launches in Ireland and Bulgaria, lifting its European footprint to 28 countries.
- UK rollout gained traction; NuWays estimated the UK home and living market at about EUR 20 billion.
- NuWays forecast a 1.2pp year-on-year drop in FY adjusted EBITDA margin to 8.6%, citing UK marketing spend and weak Germany demand.
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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