GFT Stock - NuWays lifts price target after strategy update

GFT Technologies stock gets fresh analyst support. NuWays AG reiterates its Buy rating, raises the price target and highlights strategic progress in AI-driven banking IT and recent M&A.

Edited by ad hoc news Operations & Strategy Desk. Verified prior to publication on 06/17/2026, 19:02 CET. Details in the imprint.

GFT Technologies (DE0005800601) draws renewed attention from analysts. NuWays AG has reiterated its Buy rating and raised its price target in a fresh research update that underscores the group’s strategic progress in digital banking and AI.

What NuWays highlights

In its latest original research note, NuWays AG confirms its Buy recommendation on GFT Technologies SE and sets a price target of EUR 32. The analyst house points to continued strategic progress, including bolt-on M&A such as the acquisition of Brazilian firm Megawork.

NuWays expects GFT to deliver around 5% foreign-exchange-adjusted revenue growth this year and a slight improvement in the earnings-before-tax margin to roughly 6%. According to the research, these targets appear achievable even without a strong recovery in the broader IT services market.

Operations, strategy and growth levers

Operationally, GFT is positioned as an IT services specialist for banks, insurers and industry clients, with a strong focus on cloud transformation and core banking modernization. The company has also been integrating artificial-intelligence capabilities into its offering, particularly for automation and risk analytics in financial services.

Strategically, NuWays sees further upside from GFT’s sector specialization and international footprint, particularly in Europe and Latin America. The analyst note also underlines the role of targeted acquisitions like Megawork in deepening the group’s presence in high-growth markets and strengthening its consulting capabilities.

How the company makes money

GFT generates most of its revenue from project-based IT consulting and software development for financial institutions and industrial clients, including core banking migration, cloud-native architectures and AI-enabled process automation. The business model centers on long-term client relationships, repeat projects and high-value digital transformation mandates.

Where the stock trades today

The shares of GFT Technologies (DE0005800601) trade on Xetra at EUR 29.40 as of 06/17/2026, 17:00 CET.

Key facts on GFT Technologies stock

• Company: GFT Technologies SE
• ISIN: DE0005800601
• WKN: 580060
• Ticker: GFT
• Venue: Xetra
• Price (as of 06/17/2026, 17:00 CET): 29.40 EUR
• Market cap: 814,000,000 EUR (as of 06/17/2026)
• Sector / Industry: Information Technology / IT Consulting & Services
• Index membership: SDAX
• Next earnings date: 08/14/2026

This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.