Prosus outlines medium-term strategy, shares backed by UBS Buy rating
22.06.2026 - 16:55:44 | ad-hoc-news.de
By Christina Vogel, Background & Management desk. Reviewed prior to publication on 2026-06-22, 16:53.
Prosus (NL0013654783) sharpened its medium-term narrative this month with fresh guidance alongside its Johannesburg and Amsterdam listings. The group is targeting continued revenue growth across its e-commerce and food-delivery portfolio, as outlined around its 19 June update according to a MarketWatch summary of the results.
What UBS now expects
UBS maintains a Buy recommendation on Prosus and recently nudged its price target from 79 euros to 81 euros, citing medium-term value in the underlying portfolio and the discount to net asset value, as reported in a MarketScreener note summarizing the UBS research. The shares are part of the Amsterdam AEX universe and also trade in Johannesburg under the PRX ticker.
The UBS analyst report highlights Prosus as a global consumer internet investor with meaningful exposure to food delivery, payments and other online classifieds businesses through both majority holdings and strategic stakes. The slight target increase underscores a still constructive stance after the June trading update.
Strategy focus after the June update
Prosus reported higher revenue for the year to 31 March 2026, supported by growth in several operating segments and continued scaling of its e-commerce activities, according to the 19 June coverage referenced by MarketWatch and Dow Jones Newswires. Management also provided guidance for the 2026 financial year that points to further revenue expansion and improving profitability trends in selected units.
In parallel, Prosus continues to adjust its portfolio, including incremental investments such as the additional minority stake acquired in Romanian e-commerce player S.C. Dante International earlier in June, as documented in deal reports compiled by MarketScreener. The company also remains active in strategic options around its food-delivery exposure following reports that it has until 11 October to complete a potential sale of its stake in Delivery Hero after an Uber bid surfaced in early June, based on a Bloomberg report cited in the same MarketScreener compilation.
All news and analysis on the Prosus shares
Key figures, background and ongoing coverage on Prosus are collected on the dedicated topic page and in the company’s investor-relations material.
How Prosus makes its money
Prosus positions itself as a global consumer internet group with significant holdings in online classifieds, food delivery, payments and fintech, and various other online platforms. Its portfolio includes major stakes in companies such as Tencent, Delivery Hero and Brazilian food-delivery firm iFood, alongside majority-owned e-commerce operations.
Where the shares trade today
The Prosus shares (NL0013654783) most recently traded on the Johannesburg Stock Exchange under the symbol PRX at around 717.86 South African rand, equivalent to roughly 38 euros for the Amsterdam listing, as of 2026-06-22, 14:58 local time according to Mansa Markets data.
Key data on the Prosus shares
- Company: Prosus N.V.
- ISIN: NL0013654783
- WKN: A2PRDK
- Ticker: PRX
- Trading venue: Johannesburg Stock Exchange / Euronext Amsterdam
- Price (as of 2026-06-22, 14:58): 717.86 ZAR
- Market cap: approximately 114 billion ZAR (as of 2026-06-22)
- Sector / industry: Consumer internet / online services
- Index membership: AEX, EURO STOXX 50
- Next earnings date: not officially scheduled
This article does not contain investment advice or recommendations. It is for informational purposes only and is based on publicly available sources believed to be reliable.
