NuWays lifts Multitude price target to EUR 12, keeps buy rating

Reuters2026/08/14 07:01

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

NuWays reiterated a BUY on Multitude, lifting its 12-month target price to EUR 12 from EUR 11.
Q2 2026 revenue reached EUR 65.3 million, down 2% year-on-year; EBT rose to EUR 10 million, boosted by non-recurring items.
Sortter acquisition drove a sharp rise in fee income; implied enterprise value was EUR 14.2 million, or 0.6x EV/sales.
NuWays raised its FY26 net profit forecast to EUR 31.9 million from EUR 29.3 million, above management guidance of EUR 30 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. Multitude AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_26522) on August 14, 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.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

NuWays lifts Multitude price target to EUR 12, keeps buy rating

You may also like

Crypto prices