Montega Initiates Agilyx at Buy With EUR 3 Price Target
Bitget2026/10/19 10:16- Montega initiated coverage of Agilyx with a Buy rating on October 19, 2026, setting a 12-month price target of EUR 3.
- The analyst expects the first EBITDA-positive year in 2026, supported by GreenDot's noncyclical core business.
- Revenue of EUR 500 million by 2028 looks achievable, below management's EUR 535 million target.
- GreenDot targets EBITDA of EUR 50 million by 2028, versus EUR 11 million in 2025.
- EU packaging rules underpin the growth outlook following the acquisition of a 50.1% GreenDot stake in April 2026.
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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