A Look at OVHcloud's (ENXTPA:OVH) Valuation Following Strategic Bitdefender Cybersecurity Partnership

OVH Groupe (ENXTPA:OVH) just took a meaningful step in the cybersecurity space by announcing a new partnership with Bitdefender. This partnership puts Bitdefender’s security platform on OVHcloud’s SecNumCloud service in France.

See our latest analysis for OVH Groupe.

Momentum around OVH Groupe has been picking up alongside news of the Bitdefender tie-up, with a recent 30-day share price return of 11.02% and a year-to-date surge of 35.44%. Notably, investors who have held on for the full year have seen a total shareholder return of 81.25%. This highlights a powerful shift in sentiment as the company sharpens its focus on secure and compliant cloud offerings.

If OVH’s push into cybersecurity has you curious about what else is gaining ground, this is an ideal moment to explore fast growing stocks with high insider ownership.

With the stock rallying strongly this year, investors are now left to wonder if OVH Groupe is still undervalued after its cybersecurity pivot or if the market has already priced in expectations for future growth.

Most Popular Narrative: 8.7% Overvalued

As the last close price of €11.79 stands above the consensus narrative fair value of €10.85, OVH Groupe is currently viewed as priced too high based on the assumptions most analysts are using. This sets the stage for a provocative snapshot from the most followed narrative on the stock.

OVHcloud's commitment to data sovereignty and strategic autonomy positions it to capture growth opportunities as geopolitical tensions increase demand for secure and local data solutions, potentially driving future revenue growth. The continued development of Public Cloud offerings, including enhancements in artificial intelligence solutions and new product rollouts in their Availability Zones, could support future revenue growth by meeting growing customer demands.

Read the complete narrative.

Does this valuation rest on ambitious growth in hot sectors like AI infrastructure and sovereign cloud? There is a financial leap at the heart of these assumptions, backed by aggressive forecasts for future profits. So what is the key figure that really justifies the target price? Find out what projections push the fair value higher, then see if you agree.

Result: Fair Value of €10.85 (OVERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, strong net income growth or robust demand for OVHcloud’s secure cloud solutions could quickly change the outlook and lead to future upside.

Find out about the key risks to this OVH Groupe narrative.

Build Your Own OVH Groupe Narrative

If your perspective differs or you prefer digging into the details on your own, there is always the option to build a narrative for yourself in just a few minutes. Do it your way

A great starting point for your OVH Groupe research is our analysis highlighting 2 key rewards and 1 important warning sign that could impact your investment decision.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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