Buy by micke
ENEA is niche player with several software products within telecom 5G and Cyber security. The company has struggled with slow adoption of there 5G network offerings. Telecom operators have been doing lower investments than anticipated by vendors. The ENEA CEO was replaced and major write downs in 2023Q2. Share buy backs 2023Q3 and 2023Q4, seems like a good move due to good cash-flow and low valuation. The stock seems like a potential turn-around with high risk and potential for the next years. Today (2024-01-10) at 58.80, I think it is a BUY, with high potential and high risk.
- 80.00 +36.05% by 10/01/2025