NuWays Raises Nynomic Price Target to EUR 30 From EUR 28
Bitget2026/11/06 08:01- NuWays raised Nynomic's 12-month target to EUR 30 from EUR 28 on Nov. 6, 2026, retaining its Buy rating.
- Third-quarter sales rose 21.5% year over year to EUR 27.7 million, marking a third consecutive quarter of accelerating growth.
- Quarterly EBIT reached EUR 3.1 million, representing an 11.2% margin versus NuWays' 8.3% estimate.
- Order backlog increased 59% year over year to EUR 77.3 million, its highest level since the second quarter of 2023.
- NuWays sees the upper end of fiscal 2026 guidance within reach: EUR 100–105 million sales, with a 6–8% EBIT margin.
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