Exosens rises on second 2026 forecast upgrade
BUZZ-Exosens rises on second 2026 forecast upgrade ** Shares in French defence company Exosens EXENS.PA rise 11.1% after it raised its annual revenue and profit targets for 2026 for the second time
** The upgrade "is highly credible," says Stifel, adding it expects it to be "reflected in the share price performance"
** The company now sees 2026 revenue of €558 million to €570 million and adjusted EBITDA of €186 million to €192 million, up from €520 million to €540 million and €168 million to €178 million, respectively
** "The upgrade is driven by both divisions," says the broker, adding adoption of mission-critical imaging technologies across drone and surveillance systems is accelerating
** Exosens shares on track for best day since March 2025, when it closed 19.8% higher
(Reporting by Dimitri Rhodes in Gdansk)
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