Nagarro helps big companies modernize their tech with cloud and AI services, and it could ride the ongoing shift to digital work across many industries. The key question is whether it can keep winning higher-value projects while facing tough rivals and the risk that clients pull back spending when the economy weakens.Read more

€88.95

14.0% undervalued

Broke_Joe's

Fair Value

Revenue

10% p.a.

Profit Margin

Future PE

18x

Price in 2030

€193.29

Nagarro

Fluidic Intelligence And AI Adoption Will Drive Stronger Margins And Earnings Quality

Companies want bigger productivity gains from AI, and Nagarro is trying to win higher-value work by selling measurable results instead of billable hours. The upside is better pricing power and steadier profits, but a long stretch of cautious customer spending or slower AI rollouts could hold it back.Read more

€81

5.6% undervalued

AnalystHighTarget's

Fair Value

Revenue

5.71% p.a.

Profit Margin

6.62%

Future PE

14.27x

Price in 2029

€96.08

Nagarro

Cloud And AI Adoption Will Expand Japan And Middle East

Nagarro bets on a new wave of customer demand for AI and cloud work, while opening doors in places like Japan and the Middle East to rely less on any one region. The catch is that shaky currencies, slower tech spending, and rising talent costs could squeeze profits even if sales keep growing.Read more

€72.25

5.9% overvalued

AnalystConsensusTarget's

Fair Value

Revenue

4.92% p.a.

Profit Margin

7.58%

Future PE

11.76x

Price in 2029

€88.68

Nagarro

AI Execution Risks And Soft Demand Will Challenge Fluidic Intelligence Upside Over Time

Catalysts About Nagarro Nagarro is a global IT services company focused on digital engineering, AI driven solutions and complex enterprise technology transformations. What are the underlying business or industry changes driving this perspective?Read more

€65

17.7% overvalued

AnalystLowTarget's

Fair Value

Revenue

5.41% p.a.

Profit Margin

9.19%

Future PE

8.88x

Price in 2029

€83.32

Trending Discussion

Snowflake Analysis

Solid track record with adequate balance sheet.

2 Risks

3 Rewards

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Nagarro SE Key Details

Last Reported Earnings

Mar 31, 2026

Next Reporting Earnings

Aug 14, 2026

: 3.83
: 22.95%
: 4.74%
: 178.2%

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About NA9

Founded: 1996
Employees: 18543
CEO: Manas Human
WebsiteView website: www.nagarro.com

Nagarro SE, together with its subsidiaries, provides digital product engineering and technology solutions in Germany, the United States, Europe, and internationally. The company provides accelerated quality and test engineering; API and integration; application managed services; artificial intelligence, data and analytics; cloud, CRM, DevOps; customer data platforms; cybersecurity; digital experiences, insights, and supply chain; ECM and portals; eco digital engineering; enterprise agile; enterprise architecture consulting; finops; intelligent process automation; innovation; low code; mobility solutions; products, resilience, and site reliability engineering; technical communications; product studio; quantum computing; and training services. It offers atlassian, blockchain, business and transformation consulting, digital commerce solutions, embedded systems, ginger ai, internet of things, mainframe and legacy, process consulting, salesforce, sap, service now, security, and transformation and modernization, as well as zendesk services. In addition, the company offers AR/VR/3D and animation; customer communications; and design studio services. It serves customers in automotive, banking and financial services, energy and utilities, gaming and entertainment, sports AI, industry and automation, insurance, software and hi-tech, life sciences and healthcare, media and publishing, non-profits and education, private equity, public sector, retail and CPG, telecom, smart buildings, and travel and logistics industries. The company was founded in 1996 and is based in Munich, Germany.