CY4Gate Secures €4.2 Million in Q1 Cyber Security Contracts for Anti-Fraud Platform

CY4Gate SpA ( (IT:CY4) ) has shared an update.

CY4Gate Group, through its subsidiary XTN Cognitive Security, has signed new contracts worth about €4.2 million in the first quarter of 2026 with major Italian companies for its XTN Cognitive Security Platform. The agreements, running 18 to 36 months, expand deployment of the platform’s behavioral biometrics, anti-fraud and anti-impersonation capabilities across sectors such as banking, telecoms, automotive, energy and gambling.

The cloud-based platform uses proprietary machine-learning algorithms and advanced behavioral analysis to detect and block digital fraud in real time while enabling continuous functional updates. These deals strengthen CY4Gate and XTN’s positioning as key international players in digital fraud prevention and cyber security, reinforcing their role in supporting companies facing rising cyber threats amid accelerating digitalization.

The most recent analyst rating on (IT:CY4) stock is a Buy with a EUR8.60 price target. To see the full list of analyst forecasts on CY4Gate SpA stock, see the IT:CY4 Stock Forecast page.

More about CY4Gate SpA

CY4Gate S.p.A., part of ELT Group, is an Italian cyber security and cyber intelligence company founded in 2014 and listed on Euronext Milan. It designs and develops proprietary technologies, products, systems and services for cyber intelligence and cyber security, serving law enforcement, armed forces, institutions and enterprises in Italy and international markets.

Average Trading Volume: 45,574

Technical Sentiment Signal: Buy

Current Market Cap: €170.4M

See more insights into CY4 stock on TipRanks’ Stock Analysis page.