GFT presents AI study. GFT Technologies stock falls 1.20 percent

Published on 10/22/2026 at 13:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GFT's study found 84 percent of CIOs canceled AI projects. GFT Technologies stock costs EUR 28.80 on October 22, 2026 versus the Xetra close of EUR 29.15.

AI adoption and reporting dates

On September 29, 2026, GFT reported that 84 percent of surveyed technology leaders had canceled an AI project.
Second-quarter 2026 revenue reached EUR 233.00 million, up 6.10 percent year over year.
GFT Technologies stock trades at EUR 28.80 at 1:37 p.m. CEST at Lang & Schwarz on October 22, 2026, 1.20 percent below the Xetra close of October 21, 2026.
GFT's next scheduled reporting date is November 12, 2026.

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GFT Technologies (ISIN DE0005800601) was trading at EUR 28.80 at Lang & Schwarz on October 22, 2026 at 1:37 p.m. CEST, down 1.20 percent versus the Xetra close of October 21, 2026 at EUR 29.15. The company had presented an AI study on September 29, 2026 that highlighted legacy technology as a barrier to enterprise adoption.

AI adoption meets legacy systems

According to Business Wire, GFT's survey found that 84 percent of 945 CIOs and CTOs had canceled an AI pilot or project because of legacy-system limitations. The survey covered 19 countries and companies with at least USD 500 million in annual revenue.

The same study found that 93 percent of respondents saw a failure to modernize before deploying AI on legacy infrastructure as a potential trigger for an enterprise-wide security crisis. For GFT, the figures support a business model centered on modernizing technology architectures rather than adding AI to outdated systems.

Revenue grew in the second quarter

GFT's latest reported operating comparison came from the second quarter of 2026. Aktienmagazin reported revenue of EUR 233.00 million, up 6.10 percent from the second quarter of 2025, while profit reached EUR 8.50 million, an increase of 33.30 percent.

The revenue comparison gives the AI narrative a financial anchor. GFT's investor-relations page identifies the half-year financial report for 2026 as published on August 6, 2026, placing the second-quarter figures in the company's latest interim reporting cycle.

What dates come next?

GFT Technologies lists November 12, 2026 for its third-quarter and nine-month interim update. The investor-relations calendar also lists a virtual investor forum for November 16, 2026.

What does the study mean?

The survey points to a practical constraint for GFT's growth strategy: enterprise AI projects require infrastructure work before software adoption can scale. GFT describes itself as an AI-centric digital-transformation company serving financial and industrial customers, with more than 12,000 talents across more than 20 markets, according to its investor-relations page.

Stock trades below the Xetra close

The euro quote was 1.20 percent below the previous Xetra session's close during the October 22, 2026 trading session. The combination of a current AI theme and second-quarter revenue growth leaves execution and conversion of AI demand as the central operating question.

GFT Technologies stock was trading at EUR 28.80 at Lang & Schwarz on October 22, 2026 at 1:37 p.m. CEST, 1.20 percent below the Xetra close of October 21, 2026 at EUR 29.15. The further course of trading is shown by the continuously updated real-time quote of GFT Technologies stock.