GSC Research sets Orbis price target at EUR 11.6, reiterates buy rating

GSC Research reiterated a Buy rating on Orbis, citing stronger first-half 2026 earnings despite weaker overseas performance. Price target set at EUR 11.6, based on a 12-month view; rating last changed on May 5, 2022. Management expects full-year growth in overseas revenue, supported by demand for SAP, Microsoft, digitalization, AI projects. Net cash position, including treasury shares, valued at EUR 1.4 per share, covering more than 29% of market capitalization. Analyst flagged geopolitical uncertainty as a risk, while arguing the stock looks cheap below EUR 5. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orbis SE published the original content used to generate this news brief via EQS News (Ref. ID: rc_26846) on September 18, 2026, and is solely responsible for the information contained therein. (C)