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Almawave S.p.A. ( (IT:AIW) ) just unveiled an update.
Almawave S.p.A. announced the release of its AI Velvet models in the first quarter of 2025, marking a significant technological advancement for the company. Despite a 26.5% decrease in total revenues compared to the previous year, the company increased its strategic investments by 78%, focusing on strengthening its competitive positioning in the AI market. The launch of Velvet, developed using the Leonardo supercomputer, has opened new market opportunities and collaborations, notably with Oracle, and is expected to enhance Almawave’s presence in key sectors across Italy, the Iberian Peninsula, and France.
The most recent analyst rating on (IT:AIW) stock is a Buy with a EUR5.90 price target. To see the full list of analyst forecasts on Almawave S.p.A. stock, see the IT:AIW Stock Forecast page.
More about Almawave S.p.A.
Almawave S.p.A. is an Italian company listed on the Euronext Growth Milan market and part of the Almaviva Group. It operates in the Data & Artificial Intelligence sector, focusing on providing AI solutions for industries such as Public Administration, Healthcare, Transport, Tourism, and Water Management.
Average Trading Volume: 69,122
Technical Sentiment Signal: Sell
Current Market Cap: €88.15M
See more insights into AIW stock on TipRanks’ Stock Analysis page.