Added to YB: 2026-06-08
Pitch date: 2026-06-04
WAVE.PA [neutral]
Wavestone SA
-8.69%
current return
Author Info
Lux Opes Research covers European companies. Lots of them. Sign up for the newsletter.
Company Info
Wavestone SA provides consulting services in France and internationally. The company offers change and project management; compliance and resilience; core business software development; corporate finance, and HR, risk, and procurement; customer experience; cybersecurity; data and artificial intelligence; industry 4.
Market Cap
EUR 1.1B
Pitch Price
EUR 47.20
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.19
P/E
12.90
EV/Sales
1.00
Sector
IT Services
Category
turnaround
Wavestone (WAVE France): Building the next chapter around AI and some consolidation
WAVE.PA (update): Rev €954M (+1% organic), recurring EBIT €120M (12.6% margin) flat. FCF nearly doubled to €119M; net cash >€120M. FY26-27 guide soft: low-single-digit growth, ~13% margin; abandoned 15% target. New 'Lead The Shift' 2030 plan: €1.4B rev, 14-16% margin via AI, intl (DACH/US/UK), M&A (~€800M capacity). Stock down sharply; strong balance sheet & cash flow support reinvention.
Read full article (2 min)