flatexDEGIRO Shares Gain New Bull as UBS Initiates Coverage with ‘Buy’

flatexDEGIRO shares (ETR: FTK) have been given a bullish initiation from UBS, signalling confidence in the company's strategic direction. The stock is currently enjoying upward momentum, driven by positive analyst sentiment and strong financial performance reported earlier in the year.

Year-to-date, flatexDEGIRO shares have surged by an impressive 105.56%, reflecting a significant turnaround in investor sentiment. This upward trajectory is supported by recent analyst upgrades and the company's robust Q1 2025 financial results. UBS's recent “Buy” rating adds further fuel to the stock's rally.

UBS initiated coverage on flatexDEGIRO with a “Buy” rating and a price target of €36.50, highlighting the company's dual-brand strategy as a key factor driving market share gains. This endorsement from a major financial institution has bolstered confidence in flatexDEGIRO's growth prospects and its ability to capitalize on the evolving online brokerage landscape.

The positive sentiment is further reinforced by flatexDEGIRO's financial performance. In the first quarter of 2025, the company reported revenues of €146 million, a 19% increase compared to the previous year. Net income also saw a substantial rise, reaching €111.5 million, up from €71.9 million in 2023.

These strong results have translated into positive analyst actions, with Citi upgrading flatexDEGIRO to a ‘Buy' rating in July 2025, raising the price target from €24.60 to €32.00.

The combination of strong financial performance, positive analyst ratings, and strategic initiatives has contributed to the recent surge in flatexDEGIRO's stock price. While past regulatory issues and boardroom disputes have presented challenges, the company appears to be on a path to recovery and growth, driven by its dual-brand strategy and expanding market share.