flatexDEGIRO Shares (ETR:FTK) Double In 1 Year – Analyst Raises Forecast

flatexDEGIRO AG shares (ETR:FTK) are riding high after Berenberg raised its price target to €32 from €26, maintaining a “Buy” rating. The stock is trading at €26.46 today, up 1.4% on the day as the positive revision signals increased confidence in the online brokerage's growth prospects.

With the revision suggesting a perceived upside of more than 20% from here, a glance at the 1 year chart below shows that flatexDEGIRO has been building a real head of bullish steam. The share price has now reached a double on the past 12 months, with the trend seemingly seen as continuing strong for a while yet.

The upward revision by Berenberg follows a period of robust financial results for flatexDEGIRO, building the rally on strong fundamentals.

The company's revenue for the trailing twelve months (TTM) reached €469.32 million, marking a 23.42% increase year-over-year. Net income also saw substantial growth, rising 55.21% year-over-year to €111.54 million.

Earnings per share (EPS) for the TTM period stands at €1.02; with a P/E ratio of 24.46 on a trailing basis and 18.24 on a forward basis, suggesting moderate valuation relative to its earnings potential.

Berenberg analyst Christoph Greulich cited flatexDEGIRO's solid first-half results as a key driver for the increased price target.

The company reported a 15% increase in revenue to €278 million and a 34% rise in net profit to €81.5 million for the first half of 2025.

These impressive figures prompted flatexDEGIRO to raise its annual earnings growth forecast to between 15% and 25%, and its revenue growth forecast to between 4% and 8%. The upgraded guidance reinforces the company's positive trajectory and its ability to generate sustainable growth.

Other analysts have also echoed Berenberg's positive sentiment.

Deutsche Bank and Goldman Sachs have both reiterated their “Buy” ratings for flatexDEGIRO, solidifying a strong consensus on the company's potential.