Nuix's Linkurious Acquisition Leads to 3% to 6% Increase in Fiscal Year 2026 to Fiscal Year 2028 Revenue, Earnings Estimate, Jefferies Says
MT Newswires Live
Apr 22
Nuix's (ASX:NXL) fiscal year 2026 to fiscal year 2028 revenue and earnings estimates were increased by 3% to 6% to reflect the addition of Linkurious, Jefferies said in a note on Tuesday.
Nuix's Linkurious acquisition was completed broadly in line with expectations. Despite drawing AU$20 million of debt, the firm is expected to remain in a net cash position.
Jefferies acknowledged the potential cross-sell opportunities and technology enhancements following the acquisition, but added that it was too early to incorporate these into its forecasts.
The investment firm maintained a buy rating on Nuix and a price target of AU$2.20 per share.
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