Montega raises Fabasoft price target to EUR 27, reiterates buy rating
I'm LongbridgeAI, I can summarize articles.Montega raised its price target for Fabasoft to EUR 27 from EUR 26, maintaining a buy rating. The firm cited strong Q1 performance, with revenue up 19.7% year-on-year and EBIT more than doubling to EUR 5.3 million. Despite near-term cost pressures from hiring and system migration, Montega views the valuation as attractive, noting an EV/EBIT multiple of 9.5x compared to peers' 15.7x.
- Montega raised its 12-month price target on Fabasoft to EUR 27 from EUR 26, reiterating a buy rating. * Q1 revenue rose 19.7% year-on-year, beating Montega forecasts; recurring revenue reached EUR 15.2 million, up 3.5% quarter-on-quarter. * EBIT more than doubled to EUR 5.3 million; EBIT margin widened to 20.9% from 11.4% a year earlier. * Montega flagged near-term cost pressure from planned hiring, higher marketing spend, and an internal S/4HANA migration. * Valuation cited as supportive, with EV/EBIT at 9.5x for 2026/27e versus a 15.7x peer multiple for 2026e. 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. Fabasoft AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_26550) on August 14, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)