Addnode (Q2 Preview): No news is good new at this valuation - Redeye

Redeye expects a stable Q2 2026 report from Addnode, with a clearly negative headline in Design Management following last year’s pre-purchases in Q2 masking a largely unchanged underlying trend. For PLM and Process Management, we expect small changes q/q in terms of margins and market conditions. At around 8.5x EBITDA-CAPEX 2026e, the market it currently trading Addnode as a regular IT-service company rather than the hybrid SaaS/VAR serial acquirer it is according to us.

Länk till analysen i sin helhet: https://www.redeye.se/research/1173968/addnode-q2-preview-no-news-is-good-new-at-this-valuation?utm_source=finwire&utm_medium=RSS