GFT Technologies stock falls 1.54 percent as H1 profit improves

Published on 09/24/2026 at 13:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GFT Technologies stock reflects H1 revenue of EUR 462.6 million, up 5 percent year over year. Berenberg lifted its target from EUR 24 to EUR 30 on September 1, 2026.

Isometrische 3D-Illustration digitale Transformations-Wertschöpfungskette mit Cloud-Servern und KI-Modulen — GFT Technologies DE0005800601 isometrisches 3D Diagramm zeigt die digitale Transformations Wertschöpfungskette mit Cloud Modulen, Illustration mit AI erstellt.

GFT Technologies stock (ISIN DE0005800601) was trading at EUR 25.55 on Xetra on September 24, 2026, down 1.54 percent from the prior close of EUR 25.95. The company enters the final months of 2026 with higher first-half revenue, stronger profitability and a major Deutsche Bank modernization project.

Revenue rises in H1 2026

GFT Technologies reported H1 2026 revenue of EUR 462.6 million, compared with EUR 441.5 million in H1 2025, a 5 percent increase. That comparison gives the stock a more useful operating anchor than the daily move alone.

Adjusted EBIT increased 8 percent year over year to EUR 32.6 million from EUR 30.1 million, lifting the adjusted EBIT margin from 6.8 percent to 7.1 percent. EBITDA rose 13 percent to EUR 34.8 million, while earnings before tax increased 26 percent to EUR 24.0 million.

Deutsche Bank adds strategic weight

On August 27, 2026, Deutsche Bank selected GFT as transformation and system integration partner for a new core banking platform in its German Private Bank, according to GFT Technologies. The project uses Vault Core from Thought Machine and builds on more than 25 years of cooperation between Deutsche Bank and GFT.

The contract connects GFT's banking specialization with cloud engineering and AI-enabled delivery capabilities. For investors, the commercial significance lies in the possibility of turning one large modernization program into a reference for additional core banking work, although the release does not disclose a contract value.

Berenberg target reaches EUR 30

On September 1, 2026, Berenberg raised its GFT price target from EUR 24 to EUR 30 and maintained a Buy rating, according to MarketScreener. The target revision followed the Deutsche Bank announcement and places the analyst view above the current Xetra price.

Stock remains below yearly high

GFT Technologies stock stood at EUR 25.55 on Xetra on September 24, 2026, with a 52-week range of EUR 13.86 to EUR 27.10. The current price is 5.72 percent below the yearly high, while market capitalization stood at EUR 653,180,844.