NETSOL Technologies’ equity research coverage initiated by Noble Capital Markets with outperform rating
Key Highlights
- ➤Noble Capital Markets initiated NETSOL (NTWK) coverage with outperform rating and $9.00 price target
- ➤Fiscal 2026 revenue $74.4 million, up 12.5% and above guidance
- ➤Fiscal 2026 operating income nearly doubled to $6.9 million
- ➤Year-end cash rose 56.3% to $27.1 million
Expert Statements
Najeeb Ghauri, Founder and Chief Executive Officer of NETSOL Technologies, Inc.
“We’re building on a strong start to fiscal 2027 with a clear agenda ahead of us”
Najeeb Ghauri, Founder and Chief Executive Officer of NETSOL Technologies, Inc.
“As we work to make our performance more predictable and our story more visible to the market, broader research coverage matters.”
Najeeb Ghauri, Founder and Chief Executive Officer of NETSOL Technologies, Inc.
“It gives investors a deeper, independent view of where NETSOL is headed and we look forward to the wider reach Noble’s coverage will bring.”
ENCINO, Calif., Oct. 29, 2026 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a provider of AI-enabled solutions and services powering OEMs, dealerships and financial institutions to sell, finance and lease assets, today announced that Noble Capital Markets, Inc. has initiated company-sponsored equity research coverage of the company with an outperform rating and a $9.00 price target. NETSOL selected Noble following an extensive evaluation of equity research providers.
The initiation report, authored by Michael Kupinski, Director of Research and Senior Research Analyst, and Jacob Mutchler, Research Analyst, at Noble Capital Markets, Inc., points to NETSOL’s long-standing customer relationships and the ongoing replacement of aging lender architectures with the company’s Transcend Platform as key growth drivers, alongside the increasing shift toward subscription-based revenue as adoption of Transcend grows.
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