Berenberg raises target for GFT Technologies stock from EUR 24.00 to EUR 30.00
Published on 10/06/2026 at 16:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
GFT Technologies (ISIN DE0005800601) last stood at EUR 27.00 at Xetra on October 6, 2026 at 4:19 p.m. CEST, up 2.08 percent versus the prior close of EUR 26.45. According to Investing.com, Berenberg raised its target for GFT Technologies stock from EUR 24.00 to EUR 30.00 on September 1, 2026.
Target rises as AI strategy expands
The new target is 11.11 percent above the substitute Xetra price of EUR 27.00, calculated against the same euro price. That comparison gives the analyst action a concrete market reference without treating the target as a forecast of the share price.
GFT reported second-quarter 2026 revenue of EUR 233.00 million, up 6.10 percent from the same quarter a year earlier. Net income reached EUR 8.50 million in the period, an increase of 33.30 percent year over year, according to Aktienmagazin.
Second-quarter profit improves
The earnings mix matters because revenue growth was accompanied by faster net-income growth. GFT therefore entered the second half of 2026 with a stronger quarterly profit comparison than its sales increase alone would suggest.
GFT's investor-relations page identifies the company as an AI-centric digital transformation provider focused on platform modernization, AI and data solutions, and digital finance. The page also lists the half-year financial report for August 6, 2026 and describes the first-half order backlog as higher, according to GFT Technologies.
Deutsche Bank order adds a second angle
A September 17, 2026 report by wallstreetONLINE linked GFT to a Deutsche Bank order and discussed the higher Berenberg target. The report presents the contract as a potential growth signal, while the published half-year figures provide the measurable operating evidence.
Stock approaches yearly high
The substitute Xetra price of EUR 27.00 sits EUR 0.45 below the 52-week high of EUR 27.45 and EUR 13.14 above the 52-week low of EUR 13.86. GFT Technologies had a market capitalization of EUR 690.2 million as of October 6, 2026, leaving the stock near the upper end of its annual range.
GFT Technologies stock facts
GFT Technologies market data
- Company: GFT Technologies SE
- ISIN: DE0005800601
- WKN: 580060
- Ticker: GFT
- Primary exchange: Xetra
- Substitute price at Xetra (as of October 6, 2026, 4:19 p.m. CEST): EUR 27.00
- Change versus Xetra prior close: plus 2.08 percent
- Xetra prior close (October 5, 2026): EUR 26.45
- Market capitalization: EUR 690.2 million (as of October 6, 2026)
- 52-week range: EUR 13.86-EUR 27.45
- Sector / Industry: Technology / Information Technology Services
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