Montega Reiterates Buy on Serviceware With EUR 25 Price Target
Bitget2026/10/23 12:32- Montega reiterated its Buy rating on Serviceware on October 23, 2026, retaining a 12-month price target of EUR 25.
- The firm raised its fiscal 2025/26 revenue growth forecast to 12% from 11.5%.
- Its EBITDA estimate fell to EUR 7.7 million from EUR 8.2 million, still implying a substantial annual improvement.
- Third-quarter SaaS and service revenue rose 23.2% year over year to EUR 27.7 million.
- Quarterly EBITDA increased 31.6% to EUR 2.2 million, supported by cost savings from workforce measures.
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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