NuWays Reiterates Buy on 123fahrschule With EUR 6.10 Price Target

• NuWays reiterated Buy on 123Fahrschule with a EUR 6.1 12-month price target in its October 29, 2026 report.
• The analyst lowered full-year earnings and sales forecasts, citing weaker-than-expected performance against its estimates and deferred simulator orders.
• Third-quarter EBITDA improved to EUR 490,000 from a EUR 190,000 loss a year earlier as cost savings took effect.
• Nine-month EBITDA rose 68% to EUR 1.33 million, lifting the margin to 6.8%.
• Management maintained fiscal 2026 EBITDA guidance of EUR 1.5 million–EUR 2.5 million; driving-school reform timing remains the key revenue uncertainty.

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. 123Fahrschule SE published the original content used to generate this news brief via EQS News (Ref. ID: rc_27216) on October 29, 2026, and is solely responsible for the information contained therein.