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Montega reiterates buy on Serviceware, sets EUR 25 price target

PUBT·08/03/2026 15:18:38
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Montega reiterates buy on Serviceware, sets EUR 25 price target
  • Montega reiterated a Buy rating on Serviceware, setting a 12-month target price of EUR 25.
  • Research cited fiscal H1 2025/26 Q2 revenue of EUR 33.4 million, up 20.4% year on year, driven by EUR 4.7 million licenses.
  • SaaS and services revenue rose to EUR 26.2 million, up 19% year on year; maintenance revenue fell to EUR 2.5 million, down 28.9%.
  • Q2 EBITDA increased to EUR 1.8 million from EUR 1.3 million; H1 EBITDA edged up to EUR 2 million despite EUR 0.4 million one-off costs.
  • Contract liabilities rose to EUR 117.1 million from EUR 114.6 million at end-Q1; Montega flagged further partnerships as a sales catalyst.


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. Serviceware SE published the original content used to generate this news brief via EQS News (Ref. ID: rc_26376) on August 03, 2026, and is solely responsible for the information contained therein.