HAMBURG / LONDON (IT BOLTWISE) – The EVOTEC SE share showed a positive development in the afternoon and recorded an increase of 1.2 percent to EUR 6.65. Despite recent year-to-date losses, there are signs of recovery, with analysts predicting a price target of EUR8.42. However, the share remains well below its 52-week high of EUR 10.62.
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The EVOTEC SE share experienced a slight upswing in the most recent XETRA session and rose by 1.2 percent to EUR 6.65. In the meantime, the price even reached EUR 6.66, which indicates a positive market mood. The trading day began with a price of EUR 6.58, and a total of 180,249 shares changed hands. This development shows that investors are regaining confidence in the paper, although the price is still well below the 52-week high of EUR 10.62, which was reached on November 15, 2024.
The financial situation of EVOTEC SE has changed compared to the previous year. The company reported a loss per share of EUR -0.24 for the most recent quarter, an improvement from the previous year’s figure of EUR -0.54. Nevertheless, EVOTEC recorded a decline in sales of 5.97 percent, with current sales of EUR 171.24 million. Analysts forecast a further loss of EUR -0.445 per share in 2025, indicating ongoing challenges in the market environment.
EVOTEC SE’s dividend policy remains unchanged as the company will not pay a dividend this year either. In the previous year, shareholders also did not receive any distribution. Analysts have set an average price target of EUR 8.42 for the stock, suggesting some potential for upside should market conditions improve.
The TecDAX value EVOTEC SE shows how volatile the market can be for biotechnology companies. While an investment in EVOTEC SE a year ago would have resulted in losses, the current price increase shows that there are also opportunities for recovery. Long-term investors could benefit from stabilization and potential growth, particularly if EVOTEC SE achieves its strategic objectives and market conditions improve.
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