Montega Cuts Cherry Price Target to EUR 1.10 From EUR 1.40

Bitget2026/10/26 16:22

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Montega maintained its Hold rating on Cherry on Oct. 26, 2026, cutting its 12-month target to EUR 1.1 from EUR 1.4.
Third-quarter revenue fell 23.5% to EUR 18.9 million as distributor inventory reductions weighed more heavily than expected.
Quarterly adjusted EBITDA deteriorated to a EUR 2.9 million loss from a EUR 1.7 million loss a year earlier.
The firm now forecasts 2026 revenue of EUR 81.4 million, with an adjusted EBITDA loss of EUR 8.9 million.
Montega sees the pending Digital Health & Solutions sale as a key determinant of the business outlook.

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. Cherry SE published the original content used to generate this news brief via EQS News (Ref. ID: rc_27192) on October 26, 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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华尔街见闻•2026/11/10 23:03

Nvidia continues to plummet, losing $430 billion in market value over two days, with Microsoft temporarily reclaiming the world's second place.

On Tuesday, Nvidia closed down 5.5%, a decline significantly greater than other major tech stocks, making it a key factor dragging down the tech sector's performance. During intraday trading on Tuesday, Microsoft's market capitalization briefly surpassed Nvidia, making it the world's second largest publicly traded company by market value. However, after Anthropic released its office suite, Microsoft's losses widened, causing it to fall behind Nvidia once again.

华尔街见闻•2026/11/10 23:01