Intesa Sanpaolo analyst Giada Cabrino has maintained their bullish stance on NXT stock, giving a Buy rating on April 1.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Giada Cabrino has given his Buy rating due to a combination of factors, primarily the company’s solid profitable growth and asset-light business model that scales efficiently with rising revenues. Next Geosolutions has delivered stronger-than-expected FY25 results, with double-digit growth in sales and earnings, robust cash generation, a net cash position, and a growing order backlog and commercial pipeline that support forward visibility.
Moreover, the company is reinforcing its leadership in offshore services by expanding into higher-potential segments such as telecom cables and critical subsea infrastructure, while preparing for an uplisting to Euronext Milan that could enhance its market profile. Despite near-term cash flows being affected by substantial strategic capex, Cabrino sees these investments, including new vessel capacity, as value-accretive, supporting sustained margins and higher medium-term earnings, which underpin an increased target price and the reiterated Buy recommendation.
According to TipRanks, Cabrino is ranked #8216 out of 12068 analysts.
In another report released on April 1, Alantra Equities also reiterated a Buy rating on the stock with a €15.50 price target.