Montega reiterates Buy on Bike24, sets EUR 4.5 price target

Reuters2026/08/12 15:19

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Montega reiterated a Buy rating on Bike24, keeping its 12-month price target at EUR 4.5.
H1 2026 revenue rose 20.8% to EUR 166.9 million; Q2 revenue increased 20.1% to EUR 96.1 million.
Adjusted EBITDA climbed 35.7% to EUR 7.7 million; margin improved to 4.6%; Q2 margin reached 6.1%.
Active customers grew 21.7% to 1,240,000; repeat customers accounted for 71.6% of orders.
Full-year guidance maintained for revenue of EUR 318-332 million; adjusted EBITDA of EUR 16-20 million.

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. Bike24 Holding AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_26484) on August 12, 2026, and is solely responsible for the information contained therein.

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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Montega reiterates Buy on Bike24, sets EUR 4.5 price target

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