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Wandisco ( (GB:CRTA) ) has provided an update.
Cirata reported a record finish to FY25, with Data Integration bookings surging 181% year-on-year to $13.2m and Q4 DI bookings hitting an all-time quarterly high of $9.8m, underpinned by the largest direct contract ($3.1m with a leading US insurer) and the largest OEM contract ($6.7m via IBM) in the company’s history. Following the strategic divestment of its renewal-heavy DevOps business for a total $3.4m, the group has refocused entirely on higher-growth Data Integration and Orchestration products, launched its Cirata Symphony platform, sharply reduced annualised cash overheads to about a third of their FY21 peak and cut annual cash burn to $5.7m, positioning management to target cash-flow breakeven in FY26 and signalling a leaner, expansion-led growth strategy geared toward existing blue-chip clients and new enterprise wins.
The most recent analyst rating on (GB:CRTA) stock is a Hold with a £19.50 price target. To see the full list of analyst forecasts on Wandisco stock, see the GB:CRTA Stock Forecast page.
Spark’s Take on GB:CRTA Stock
According to Spark, TipRanks’ AI Analyst, GB:CRTA is a Neutral.
Cirata’s overall stock score is primarily impacted by its financial challenges, including negative cash flows and profitability issues. However, recent strategic moves and positive corporate events provide some optimism for future growth. Technical indicators and valuation metrics remain weak, tempering the overall outlook.
To see Spark’s full report on GB:CRTA stock, click here.
More about Wandisco
Cirata plc is a data software company that accelerates data‑driven revenue growth by automating data transfer and integration to modern cloud analytics and AI platforms without downtime or disruption. Its core offerings now focus on Data Integration and a newly launched Data Orchestration platform, Cirata Symphony, targeting large enterprise and Global 2000 customers undergoing data modernisation and cloud migration.
Average Trading Volume: 226,944
Technical Sentiment Signal: Sell
Current Market Cap: £24.64M
For a thorough assessment of CRTA stock, go to TipRanks’ Stock Analysis page.