Verve Group SE Sees Strong Performance and Increased Target Price

First Berlin Equity Research has released an update on Verve Group SE, maintaining a "BUY" recommendation while raising the target price from €5.50 to €6.00. The company concluded a robust year with its fifth successive strong quarter, propelled by a 24% organic sales growth. Key performance indicators for Q4 exhibited an increase exceeding 50% year-over-year, with AEBITDA rising by 53% annually.

The firm's dedication to ID-less advertising solutions is yielding dividends, particularly after acquiring Jun Group last summer, which has notably balanced its business model. This narrative is resonating with investors, evidenced by a striking 160% increase in share price over the past year. Verve forecasts significant double-digit organic growth for 2025, leading to an adjusted forecast based on Q4 outperformance.