• Montega reaffirmed Buy on EDAG Engineering Group on Nov. 5, 2026, with a EUR 5 12-month price target, implying 72% upside.
• The firm maintained its 2026 forecasts for revenue of EUR 649.4 million, with adjusted EBIT of EUR 8.8 million.
• For 2027, Montega projects revenue of EUR 637.9 million, with adjusted EBIT rising to EUR 20.8 million.
• Defense order intake nearly tripled to EUR 56.7 million in the first nine months, supporting the investment case alongside cost-cutting measures.
• However, Montega expects automakers to curb outsourced engineering work through 2027, with pricing pressure persisting.

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. EDAG Engineering Group AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_27342) on November 05, 2026, and is solely responsible for the information contained therein.