Original-Research: GFT Technologies SE (von NuWays AG): BUY

What happened

NuWays AG issued an update on GFT Technologies SE, maintaining a BUY recommendation and a 12-month target price. The research expects Q3 to show faster growth and improving UK profitability, says 2026 guidance may be too cautious, and allows for earnings outperformance despite slower Q4 growth.

Confirmed

Global impact / market context

If GFT reports the growth and UK profit improvement NuWays expects, investors may see stronger earnings than the company’s 2026 outlook suggests. Better results could support revenue and profit expectations, while a weaker Q4 would limit how much of the anticipated improvement carries through the year.

Analyst inference

The article cites peer growth in financial-services technology spending: Accenture and Cognizant reported year-on-year segment revenue gains, and Capgemini raised its FY26 revenue outlook. This offers context for GFT’s prospects, but peer results do not confirm that GFT will achieve similar growth.

Confirmed

What to watch

1. Check GFT’s Q3 results for revenue growth and UK profitability; these are the specific indicators NuWays says could put earnings improvement back in focus. Analyst inference
2. Compare GFT’s reported 2026 outlook with its results and any updated guidance to see whether the company itself signals that its current forecast is too cautious. Analyst inference
3. Watch Q4 earnings growth against NuWays’ forecast of a slowdown; a deeper slowdown could offset Q3 strength and reduce the expected scope for annual outperformance. Analyst inference

Evidence

• eqs-news.com