NuWays lifts Bittium price target to EUR 46, keeps Buy rating

Bitget2026/09/23 07:01

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NuWays reiterated a BUY on Bittium, raised its 12-month target price to EUR 46 from EUR 42.
Call followed a two-year MoU with Safran Electronics & Defense to develop tactical communications solutions for the French armed forces.
MoU has no firm order yet; NuWays flagged a high probability of a definitive commercial agreement.
NuWays lifted medium- and long-term sales estimates, citing stronger momentum in Europe.
Report noted Sweden placed a first order of about EUR 700,000 for pilot use of Tough SDR radios; Denmark joined the framework agreement.

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. Bittium Oyj published the original content used to generate this news brief via EQS News (Ref. ID: rc_26884) on September 23, 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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NuWays lifts Bittium price target to EUR 46, keeps Buy rating

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