GFT publishes an AI study while GFT stock sits 3.46 percent below its high

Published on 10/05/2026 at 11:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GFT reported that 84 percent abandoned an AI project because of legacy systems. GFT stock costs EUR 26.50 after EUR 26.48.

Schwarzweiß-Dokumentarfoto eines IT-Ingenieurs vor Screens mit Code und Finanzdaten — GFT Technologies DE0005800601 Schwarzweiß Reportage eines Entwicklers vor Monitoren mit Finanzdaten und Code, Illustration mit AI erstellt.

GFT Technologies stock (ISIN DE0005800601) was trading at EUR 26.50 at Lang & Schwarz on October 5, 2026, 0.08 percent above the prior close of EUR 26.48. A new GFT AI study reported on September 30, 2026, found that 84 percent of surveyed technology leaders had abandoned an AI project because of legacy-system limits, according to Finanznachrichten.

Legacy systems create AI demand

The study covered 945 CIOs and CTOs at companies with annual revenue of at least USD 500 million across 19 countries. Its central finding gives GFT a clear commercial angle: modernization work remains a prerequisite for many AI deployments.

The research was conducted from August 11 through August 31, 2026, and also identified concerns about an AI bubble, geopolitical uncertainty and employee mistrust. Those figures describe a market where AI adoption is expanding, but implementation depends on replacing or upgrading older infrastructure.

Revenue and orders move higher

GFT's first-half performance provides the operating counterweight to the survey. Revenue increased 5.00 percent to EUR 462.60 million in the first half of 2026, while the banking segment grew 3.00 percent, according to Brandsit.

The order book was 18.00 percent larger than a year earlier in the first half of 2026. Europe revenue declined 3.00 percent in the same period, creating a measurable contrast between order momentum and regional performance.

Target remains above the market

Berenberg raised its GFT price target to EUR 30.00 from EUR 24.00 and kept a Buy rating on September 1, 2026, as reported by Finanzen.net. The new target is 13.21 percent above the Lang & Schwarz price, using different venues and therefore serving as analyst context rather than a daily performance measure.

Stock remains near its yearly high

GFT's Lang & Schwarz price of EUR 26.50 on October 5, 2026 was 3.46 percent below the 52-week high of EUR 27.45 and EUR 12.64 above the 52-week low of EUR 13.86. The company is listed on Xetra and belongs to the SDAX, according to Deutsche Boerse master data.

GFT was trading at EUR 26.50 at Lang & Schwarz on October 5, 2026 at 11:51 a.m. CEST, plus 0.08 percent versus the prior close of EUR 26.48. The further course of trading is shown by the continuously updated real-time quote of GFT stock.