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Nemetschek

IT / Software and information technology


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Nemetschek: Quality Software, Weaker Stock Sentiment

February 4, 2026

Nemetschek’s stock has declined from prior highs, reflecting valuation compression rather than a breakdown in fundamentals. Revenue growth remains intact, margins are solid, and the subscription transition continues. Dividends have grown gradually, while risks include slower growth and prolonged multiple pressure. Potential recovery depends on margin expansion and renewed confidence.
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