Original-Research: Verve Group SE - from First Berlin Equity Research GmbH
Classification of First Berlin Equity Research GmbH to Verve Group SE
First Berlin Equity Research hat ein Research Update zu Verve Group SE (ISIN: SE0018538068) veröffentlicht. Analyst Ellis Acklin bestätigt seine BUY-Empfehlung und erhöht das Kursziel von EUR 5,40 auf EUR 5,50. Zusammenfassung: Der Neunmonatsbericht zeigte erneut eine starke Leistung, angeführt von einem organischen Umsatzwachstum von 31%. Es war ein gutes Jahr für Verve dank der Erholung des Werbemarktes, angeführt von einer starken amerikanischen Wirtschaft, in der der Werbetechnologiespezialist 80% seines Geschäfts tätigt. Und der Optimismus ist groß, dass sich dies nach dem klaren Sieg der Republikaner bei den Wahlen im November auch 2025 fortsetzen wird. Darüber hinaus zahlen sich die frühen Investitionen von Verve in seine Suite von 'Privacy-first'-Lösungen in Form von Softwarekundenwachstum deutlich aus, und das Unternehmen ist auch Vorreiter bei ID-losen Targeting-Tools. Ein aktualisiertes DCF-Modell ergibt nun einen fairen Wert je Aktie von €5,50 (zuvor: €5,40). Wir stufen Verve weiterhin mit Kaufen ein. First Berlin Equity Research has published a research update on Verve Group SE (ISIN: SE0018538068). Analyst Ellis Acklin reiterated his BUY rating and increased the price target from EUR 5.40 to EUR 5.50. Abstract: Q3 reporting featured another strong performance led by 31% organic sales growth. It has been a good year for Verve, thanks to the rebound in the advertising market spearheaded by a strong American economy where the ad-tech specialist does 80% of its business. And optimism is high that this will continue in 2025 after the Republican clean sweep of November elections. Plus, Verve's early investment into its suite of 'privacy-first' solutions is paying off handsomely in terms of software client growth and also has the company at the vanguard of ID-less targeting tools. An updated DCF now points to fair value per share of €5.5 (old: €5.4). We remain Buy-rated on Verve. Bezüglich der Pflichtangaben gem. §34b WpHG und des Haftungsausschlusses siehe die vollständige Analyse. You can download the research here: http://www.more-ir.de/d/31457.pdf Contact for questions: First Berlin Equity Research GmbH Herr Gaurav Tiwari Tel.: +49 (0)30 809 39 686 web: www.firstberlin.com E-Mail: g.tiwari@firstberlin.com
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
2042103 02.12.2024 CET/CEST
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.