Montega reiterates Buy on 3U Holding, cuts price target to EUR 2
I'm LongbridgeAI, I can summarize articles.Montega reiterated a Buy rating on 3U Holding but lowered its 12-month price target to EUR 2 from EUR 2.1. The downgrade was driven by weaker SHK performance, leading management to cut FY 2026 revenue and EBITDA guidance. While Q2 revenue fell 12.5% to EUR 12 million, EBITDA improved to EUR 1.4 million. Renewables contributed significantly to Q2 EBITDA, and ITK margins expanded. Montega also noted a potential reversal of the Bitcoin write-down in Q3.
- Montega reiterated a Buy on 3U Holding, cutting its 12-month target to EUR 2 from EUR 2.1. * Q2 revenue fell 12.5% to EUR 12 million; EBITDA rose to EUR 1.4 million from a EUR 0.1 million loss. * Management cut FY 2026 guidance to EUR 48-53 million revenue, EUR 4-6 million EBITDA; weaker SHK drove the downgrade. * Renewables delivered outsized Q2 EBITDA of EUR 2.2 million; ITK margin expanded to 28.6% on broadly stable sales. * Bitcoin position stood at EUR 21.9 million at June 30 following a EUR 2.7 million Q2 write-down; Montega flagged potential Q3 reversal. 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. 3U Holding AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_26604) on August 20, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)