Added to YB: 2026-09-24
Pitch date: 2026-09-19
WAVE.PA [bullish]
Wavestone SA
+2.23%
current return
Author Info
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Company Info
Wavestone SA provides consulting services in France and internationally. The company offers tech driven solutions, such as artificial intelligence and data, cybersecurity, industry 5.
Market Cap
EUR 710.8M
Pitch Price
EUR 29.20
Price Target
82.60 (+180%)
Dividend
1.73%
EV/EBITDA
4.36
P/E
8.67
EV/Sales
0.64
Sector
IT Services
Category
growth
[$WAVE ] Turning Buzzwords into Free Cash Flow
WAVE.PA: Wavestone combines strategic advice with technical implementation, positioning it to monetize enterprise AI adoption rather than face software-style disruption; AI-related revenue rose from 8% to 17% and recently reached ~22%. At €29.20 with €121.4M of net cash, the DCF indicates €82.60 in the base case and €61.68 even under conservative assumptions. Key risks are prolonged client delays, weak utilization and acquisition-integration friction.
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