Montega Raises FORTEC Elektronik Price Target to EUR 16 From EUR 15

• Montega reiterated its Buy rating on FORTEC Elektronik in a Nov. 2, 2026, research update.
• The firm raised its 12-month price target to EUR 16 from EUR 15, citing an expected turnaround supported by defense orders.
• Fiscal 2025/2026 revenue of EUR 81.2 million beat Montega’s forecast; the operating loss of EUR 0.7 million was narrower than expected.
• Fiscal 2026/2027 guidance targets revenue of EUR 78 million–84 million, with operating profit of EUR 1.4 million–2.1 million.
• Montega viewed the profit outlook as cautious, citing an order backlog that reached EUR 54.6 million at June 30.

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. FORTEC Elektronik AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_27272) on November 02, 2026, and is solely responsible for the information contained therein.