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The latest update is out from Quixant ( (GB:NXQ) ).
Nexteq is hosting a Capital Markets Event in London to outline its three-year strategic plan aimed at achieving significant organic growth by 2027. The plan targets revenue between $108m-$120m, a gross margin of 35-38%, and an EBITDA margin of 10-15%. The strategy involves product innovation, deep customer relationships, and cost management, with additional growth through targeted acquisitions. The event will also highlight Nexteq’s organizational refocus, the role of Densitron, and growth opportunities in key verticals like Gaming, Broadcast, and Medical.
More about Quixant
Nexteq, formerly known as Quixant, is a strategic technology solutions provider catering to selected industrial markets. The company enables global electronic equipment manufacturers to outsource the design, development, and supply of non-core aspects of their products, allowing them to focus on critical business drivers. Nexteq operates through two distinct brands: Quixant, which specializes in computer platforms, and Densitron, a leader in human-machine interface technology. The company has a global presence, operating in six countries and serving over 500 customers across 47 countries.
YTD Price Performance: 9.45%
Average Trading Volume: 102,934
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £41.84M
For detailed information about NXQ stock, go to TipRanks’ Stock Analysis page.