GFT Technologies SE: A Strategic Investment Opportunity

NuWays AG has initiated a "BUY" recommendation for GFT Technologies SE, setting a target price of EUR 32 over the next 12 months. Despite current market challenges, GFT is strategically positioned in the IT services sector, notably in banking, where security and regulatory requirements drive demand. The company has maintained strong relationships with tier-1 clients and achieved high workforce utilization.

GFT is capitalizing on AI advancements to enhance project delivery, positioning itself as a key player in platform modernisation and cloud migration. By 2029, GFT aims to expand its smartshore delivery and high-value services. The company is forecasted to show improved growth and margins as operational clean-up progresses.

While GFT's valuation reflects current market noise, its capital-light model supports a forecasted EPS CAGR of 26% into 2028. As UK operations stabilize, a re-rating of GFT stocks is anticipated.