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HMS Networks AB ( (SE:HMS) ) has shared an update.
HMS Networks AB reported a significant increase in order intake and net sales for the third quarter, driven by strong performance in North America and China. The company has set new strategic and financial targets, including a revenue goal of SEK 7.5 billion by 2030, and plans to expand through both organic growth and acquisitions. Despite uncertainties in tariffs and geopolitics, HMS remains optimistic about future growth, focusing on product development and operational efficiency.
The most recent analyst rating on (SE:HMS) stock is a Hold with a SEK476.00 price target. To see the full list of analyst forecasts on HMS Networks AB stock, see the SE:HMS Stock Forecast page.
More about HMS Networks AB
HMS Networks AB operates in the industrial communication and networking industry, providing products and solutions for connecting devices and systems in industrial applications. The company focuses on automation, digitalization, and communication solutions, with a strong presence in markets like North America, China, and Europe.
Average Trading Volume: 40,396
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK22.3B
See more data about HMS stock on TipRanks’ Stock Analysis page.