Montega AG’s Analysis: Buy Recommendation for Serviceware SE
The latest original research study by Montega AG on Serviceware SE provides valuable insights for investors. The analysts recommend the stock as a buy and have raised the price target from EUR 21.00 to EUR 23.00, based on the company’s strong growth dynamics.
Revenue and EBITDA Development
In the first quarter of 2025, Serviceware SE reported impressive SaaS revenues with a 45% increase, surpassing the expectations of Montega AG. However, EBITDA fell short of expectations due to lower license revenues. Despite this, an increase in EBITDA is still expected for the current year, as the guidance for revenue growth of 5-15% has been confirmed.
International Expansion and Business Outlook
Serviceware SE continues its international expansion, particularly through entry into the French market and expanding its international partner network. These steps underpin the positive assessment of the company’s future growth potential.
Significance and Company Valuation
The analysis provides private investors with detailed information on the financial performance and growth prospects of Serviceware SE. Montega AG’s valuation is based on the company’s strong market position and successful project implementations. The company’s ability to successfully implement its solutions across various industries and regions underscores its market strength.
In summary, the analysis provides valuable decision-making aids for investors looking to benefit from the positive recommendation and the increased price target, particularly in the high-growth SaaS segment.