Promising Growth Outlook for Next Geosolutions Europe SpA: Buy Rating Affirmed by Giada Cabrino

Giada Cabrino, an analyst from Intesa Sanpaolo, maintained the Buy rating on Next Geosolutions Europe SpA (NXT – Research Report). The associated price target is €12.20.

Giada Cabrino has given her Buy rating due to a combination of factors that highlight the promising outlook for Next Geosolutions Europe SpA. The company’s strong performance in FY24, marked by significant investments aimed at boosting operational efficiency and project execution flexibility, did not hinder its ability to generate cash effectively. This financial robustness supports the company’s strategic goal of expanding its presence in key markets and sectors such as Oil & Gas, Environmental Surveys, and Scientific/Oceanographic Research.
Moreover, Next Geosolutions is poised to capitalize on the growing demand for offshore infrastructure management services, particularly in the Operations & Maintenance and Inspection, Maintenance & Repair segments. The company’s strong operational and technological capabilities position it well to explore new business opportunities, including the telecom cable sector. Giada Cabrino’s valuation approach, which combines a discounted cash flow model and peer comparison, further underscores the company’s potential for superior growth compared to its peers, leading to an increased target price of EUR 12.2.