Planisware shares climb 4% as Kepler Chevreux initiates with 'buy'

Planisware SA

15/12/2025 08:22

** Shares in French software provider Planisware PLNW.PA rise 4.5%, at the top of SBF120 .SBF120 index, after Kepler Chevreux started coverage with a "buy" rating and a 26 euro ($30.49) target price

** The broker sees potential for a re-rating, driven by mix improvement, margin expansion, and momentum in new logos and upsell

** "After a cyclical trough in Q2-Q3 2025, early signs of recovery and a stronger recurring-revenue engine set the stage for reacceleration from 2026," it says

** A rapid scaling of its software-as-a-service model, with recurring revenue already at 90%, should boost margins and improve cash flow and earnings visibility, Kepler Chevreux adds

** Shares in Planisware are on track for their best day since October 21, if gains hold

** Out of 8 analysts that cover Planisware SA, six  rate the stock "strong buy" or "buy,"​one analyst rates "hold" and one rates the stock "sell" - LSEG data

($1 = 0.8527 euros)

 (Reporting by Mathias de Rozario in Gdansk)

 ((mathias.derozario@tr.com))