adesso

Adesso is shifting its business model from a traditional IT services provider to high-margin solutions and sees strong demand from ongoing digitalization. The GenAI platform br.AI.n is driving growth and led to an EBITDA jump of 21% in the first half to almost €46 million. The share price has risen from around €58 at the beginning of October to over €75; analysts expect further contracts and still see attractive entry levels for strategic investors. » Plus sur finanzen.net

Volker Gruhn of Adesso says AI agents will reduce traditional programming effort in the medium term, but at the same time create new, previously uneconomical software projects and currently lead to more additional business than revenue loss. Adesso orchestrates agent-supported development processes, retains human control and relies on fixed-price offers, while quality, security and regulatory issues remain central prerequisites for deployment. Gruhn emphasizes the growing importance of domain expertise, orchestration capability and experience in IT teams and warns against delivering powerful models without thorough checks. » Plus sur faz.net

Berenberg sets a price target of €128 for adesso and points to a valuation discount on the stock. Analysts highlight the strategic expansion in artificial intelligence, supported by the acquisition of insurtech omni:us and AI contracts totaling €73 million. The focus remains on digitalization solutions for insurers, banks and public administration. » Plus sur finanzen.net