ATOSS Software: Strong Q4 Performance, Growing Recurring Revenues and Resilient Cloud-Driven Model Support Buy Rating

Henrik Paganetty, an analyst from Jefferies, has initiated a new Buy rating on ATOSS Software (0N66).

Henrik Paganetty has given his Buy rating due to a combination of factors that underscore ATOSS Software’s robust operating performance and attractive earnings profile. The company delivered a solid Q4 2025, with double‑digit revenue growth slightly ahead of market expectations and a particularly strong contribution from software and cloud offerings. Recurring revenues from cloud and maintenance now represent a substantial majority of total sales, enhancing revenue visibility and predictability for the coming periods. EBIT in the quarter significantly surpassed consensus estimates, and the full‑year margin again came in above management’s already increased guidance, highlighting effective cost control alongside ongoing growth investments.

Paganetty also notes that the company has been able to balance disciplined spending with continued expansion of its sales organisation, supporting a positive mid‑term growth trajectory. The strong momentum in cloud revenues and the rising share of recurring income suggest a resilient business model capable of weathering market fluctuations. In addition, the notable improvement in software order intake from both new and existing clients points to sustained demand and an expanding customer base. Taken together, these elements provide a compelling risk‑reward profile that supports a Buy recommendation on ATOSS Software’s shares.

Paganetty covers the Technology sector, focusing on stocks such as Jenoptik, ATOSS Software, and adesso AG. According to TipRanks, Paganetty has an average return of 3.9% and a 51.23% success rate on recommended stocks.

In another report released today, TipRanks – OpenAI also reiterated a Buy rating on the stock with a €104.00 price target.