Analyst Price Target for Knowit Adjusted Following Revised Estimates
Analysts have lowered their price target for Knowit from SEK 162.67 to SEK 142.00, citing updated outlooks for revenue growth and profitability. These changes reflect more moderate expectations for the company's near-term performance.
What's in the News
- Knowit has signed a major framework agreement with Kammarkollegiet for management consulting services, expanding its reach across approximately 350 public authorities in Sweden (Key Developments).
- A new IT-consulting services agreement strengthens Knowit's position as a trusted provider of digital transformation solutions for Sweden's public sector (Key Developments).
- Coop Norge SA has selected Knowit and Mambu to implement a new, cloud-based core banking system to manage millions of member accounts across Norway. Development of the system is already underway (Key Developments).
Valuation Changes
- Consensus Analyst Price Target has fallen significantly, decreasing from SEK 162.67 to SEK 142.00.
- Discount Rate has risen slightly, moving from 7.57% to 7.68%.
- Revenue Growth projections have fallen sharply, moving from 5.32% to 2.62%.
- Net Profit Margin is expected to rise moderately, increasing from 4.61% to 5.06%.
- Future P/E ratio has declined, dropping from 16.76x to 14.46x.
Disclaimer
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