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Roth MKM raised the firm’s price target on Ads-Tec Energy (ADSE) to $18 from $14 and keeps a Neutral rating on the shares. Ads-Tec’s preliminary results for the second half of 2024 point to rising business momentum heading into 2026 with an expanded business model and proactive customer solutions to mitigate risks and resolve revenue stickiness issues, the analyst tells investors in a research note. The firm recommends opportunistically buying shares on any weakness.

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Read More on ADSE:

• Ads-Tec Energy files $250M mixed securities shelf

• ADS-TEC Energy Reports Significant Earnings and Strategic Expansion in 2024

• Ads-Tec Energy reports preliminary FY24 revenue slightly exceeded FY23

• ADS-TEC Energy Enhances Financial Flexibility with Amended Promissory Notes