NuWays Reiterates Buy on Bittium With EUR 46 Price Target
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- NuWays reiterated Buy on Bittium on October 20, 2026, with a 12-month price target of EUR 46.
- The firm forecasts third-quarter sales of EUR 38.9 million, up 68% year over year.
- Operating profit is projected at EUR 7.7 million, with higher amortization offsetting profitability gains from Indra-related revenue.
- A record backlog of approximately EUR 102 million supports growth visibility over the next 12 months.
- Full-year 2026 sales are forecast at EUR 156 million, above guidance; operating profit of EUR 29.2 million falls within guidance.
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. Bittium Oyj published the original content used to generate this news brief via EQS News (Ref. ID: rc_27116) on October 20, 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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