GFT Technologies SE: Positioned for AI Growth

Quirin Privatbank has updated its recommendation for GFT Technologies SE to "Buy" with a target price of EUR 32. This decision follows GFT's recent Capital Markets Day where the company highlighted its progress in AI projects, enhancing its status as an AI-enabled transformation partner.

At the event, GFT's management highlighted productivity gains seen in software development and process automation. GFT anticipates margin improvements beginning in 2026, with a return to growth from 2027 onwards. Currently, most GFT segments are experiencing a low double-digit growth, except for GFT UK and Software Solutions.

Despite weak performance in Continental Europe and a notable decline in the UK, GFT's 2025 guidance remains unchanged, supported by AI demand and strong market presence, particularly in the Americas.