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The latest update is out from Money Forward ( (JP:3994) ).
Money Forward, Inc. has announced a revision of its full-year consolidated financial forecasts and medium-to-long-term financial targets following the transfer of all shares in its subsidiary, Smart Camp, Inc. This strategic move results in the exclusion of the SaaS Marketing segment from its business portfolio, prompting adjustments in financial forecasts and targets. The revised forecasts indicate slight decreases in net sales and profits, while the medium-to-long-term targets reflect a 10% reduction in net sales and EBITDA expectations for FY2028. The changes are part of a broader strategy to realign the company’s focus and improve financial performance.
The most recent analyst rating on (JP:3994) stock is a Hold with a Yen4573.00 price target. To see the full list of analyst forecasts on Money Forward stock, see the JP:3994 Stock Forecast page.
More about Money Forward
Money Forward, Inc. operates in the financial technology industry, providing a range of services including personal finance management, cloud-based accounting, and SaaS solutions. The company focuses on enhancing financial management for individuals and businesses, leveraging technology to streamline financial operations.
Average Trading Volume: 393,270
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen249.7B
Find detailed analytics on 3994 stock on TipRanks’ Stock Analysis page.