Banca Akros initiated coverage on Bending Spoons with a buy rating and a $55 price target. Analysts base the investment case on the company's proven ability to generate value through acquisitions. This strategy remains independent of broader digital sector performance.
The firm acquires mature companies to drive growth through cost optimization and efficiency improvements. This approach targets significant returns between 2023 and 2026.
Analysts project a 39% unlevered return for this period. Levered returns are expected to reach 86%. These forecasts assume low- to mid-single-digit growth for the acquired businesses.