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Gentrack Group Ltd ( (NZ:GTK) ) has shared an update.
Gentrack has updated its FY26 outlook, now forecasting revenue between $229m and $238m, below previous guidance, with recurring revenue expected to rise more than 10% to about $174m as non-recurring revenue falls. The company is prioritising growth and global leadership over near-term profitability, maintaining its medium-term target of more than 15% revenue CAGR while guiding FY26 EBITDA to between $13.5m and $20m and aiming for a 15%–20% EBITDA margin as investments in international expansion and product development continue.
The board has also signalled its intention to launch an on-market share buyback of up to $20m, or no more than 5% of shares on issue, over up to 12 months following the release of first-half results. It says the programme, backed by a strong balance sheet, is expected to be accretive to shareholders without constraining funding for organic or inorganic growth, with further details due alongside the half-year earnings update on 18 May 2026.
The most recent analyst rating on (NZ:GTK) stock is a Buy with a N$8.80 price target. To see the full list of analyst forecasts on Gentrack Group Ltd stock, see the NZ:GTK Stock Forecast page.
More about Gentrack Group Ltd
Gentrack Group Ltd is a utility-focused software provider that has worked with energy and water companies for more than 35 years. The company, in partnership with Salesforce and AWS, offers its g2.0 end-to-end product-to-profit platform, using low-code and composable technology to help utilities launch new propositions quickly and cut cost-to-serve.
YTD Price Performance: -29.33%
Average Trading Volume: 47,345
Technical Sentiment Signal: Sell
Current Market Cap: N$669.1M
See more insights into GTK stock on TipRanks’ Stock Analysis page.