NuWays reiterates Buy on Bittium, sets EUR 40 price target

Reuters2026/07/31 07:01

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NuWays reiterated a BUY on Bittium with a 12-month target price of EUR 40 ahead of the Aug. 7 H1 2026 report.
Q2 net sales are forecast at EUR 27.2 million, up 18.8% year over year, with Defense & Security seen at EUR 19 million.
Q2 EBITDA is seen at EUR 4.6 million, implying a roughly 17% margin; EBIT is forecast at EUR 2.6 million.
Record Q1 order backlog of EUR 92.5 million is seen supporting FY 2026 guidance of EUR 140-155 million sales, EUR 26-32 million operating profit.
NuWays flagged H2 catalysts, including potential double-digit EUR million orders, while noting sales and profit are expected to be back-end loaded.

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_26348) on July 31, 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 reiterates Buy on Bittium, sets EUR 40 price target

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