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Montega keeps Cherry at Hold, cuts price target to EUR 1.4

PUBT·07/22/2026 08:41:35
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Montega keeps Cherry at Hold, cuts price target to EUR 1.4
  • Montega reiterated a Hold rating on Cherry, cutting its 12-month target price to EUR 1.4 from EUR 2.2.
  • H1 2026 revenue fell to EUR 40 million from EUR 45.5 million on weak gaming and office demand, plus channel clean-up.
  • Adjusted EBITDA improved to EUR -4 million from EUR -10.2 million on higher gross margin, lower costs.
  • Rights issue raised about EUR 10.1 million gross, easing near-term liquidity as the Digital Health & Solutions divestment drags.
  • Montega flagged the DH&S sale as a key value driver, with proceeds expected to cut debt and fund the peripherals turnaround plan.


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_26262) on July 22, 2026, and is solely responsible for the information contained therein.