Seco Jumps After Equita Starts With 'buy' On Return To Double: digit revenue growth

Seco SpA

21/10/2025 10:37

** Shares in SECO IOT.MI rise as much as 9.5% after Equita starts its coverage on the Italian high-tech company with a "buy" rating, citing an expected return to double-digit revenue growth from the second half of 2025

** The broker expects growth to be driven by a recovery in customer spending, new silicon vendor partnerships, and faster adoption of its CLEA software platform

** An acceleration in the adoption of higher value-added CLEA software, which now accounts for around 12% of revenue, could support a stock re-rating due, it adds

** It forecasts organic revenue growth of 11% in 2025, 19% in 2026, and 16% in 2027, which is "significantly" above consensus

** It sets a PT of 4.60 euros ($5.36), implying a 40% upside to the stock's Monday close

** Stock up around 6% at 0932 GMT; up to previous session close it jumped 80% YTD

** Out of four analysts that cover SECO, three rate the stock "strong buy" or "buy," and ​one rates it "hold" - LSEG data

($1 = 0.8575 euros)

(Reporting by Laura Contemori)

((Laura.contemori@thomsonreuters.com))