Verve Group SE: Analyst Reaffirms Buy Rating Amid Future Growth Strategy

First Berlin Equity Research GmbH has released an update on Verve Group SE, maintaining its BUY recommendation with a target price of €4.80. Analyst Ellis Acklin sees significant potential despite recent challenges, describing an upside of 113% over the next 12 months.

The research followed Verve's Capital Markets Day in Stockholm, where management focused on platform unification and future expansion strategies. Highlights included a commitment to strengthening the sales team and leveraging mergers and acquisitions to drive growth. A keynote on the role of AI in digital advertising further underscored Verve's forward-looking approach.

Despite setbacks in the second quarter, Acklin holds confidence in Verve's long-term positioning within the evolving advertising market.