Montega Reiterates Buy on Serviceware With EUR 25 Price Target

Bitget2026/10/23 12:32

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Montega reiterated its Buy rating on Serviceware on October 23, 2026, retaining a 12-month price target of EUR 25.
The firm raised its fiscal 2025/26 revenue growth forecast to 12% from 11.5%.
Its EBITDA estimate fell to EUR 7.7 million from EUR 8.2 million, still implying a substantial annual improvement.
Third-quarter SaaS and service revenue rose 23.2% year over year to EUR 27.7 million.
Quarterly EBITDA increased 31.6% to EUR 2.2 million, supported by cost savings from workforce measures.

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. Serviceware SE published the original content used to generate this news brief via EQS News (Ref. ID: rc_27174) on October 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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Montega Reiterates Buy on Serviceware With EUR 25 Price Target

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