Odiot: GreenSome Finance Targets €60 Per Share
Research firm GreenSome Finance maintains its buy recommendation on Odiot shares and reaffirms its price target of EUR 60 on Monday, representing an approximate 72% upside from the observed price of EUR 34.80 at the time of the study. This stance follows the publication of the luxury group's 2025 results.
Recovery Confirmed by Positive 2025 Results
In its May 15, 2026 study, GreenSome Finance highlights the recovery trajectory of the group illustrated by rising key indicators. Revenue increased by 31.7% to €1.48 million, while operating income returned to positive territory at €0.12 million compared to −€0.48 million in 2024. The net income is significantly positive at €1.03 million compared to −€3.96 million a year earlier. The firm notes that the 2025 fiscal year marks the end of the financial restructuring initiated in 2024 and the first tangible results of the operational relaunch.
Structural Advances and Growth Strategy
GreenSome Finance's analysis highlights the reduction of financial debt by €2.37 million, achieved through the conversion of bond debt and current account debts of associates into capital. Equity stands at €1.37 million post-closure after capital increases totaling €4.91 million in 2025 and €2.11 million in February 2026. The firm also identifies significant off-balance sheet assets, including an industrial building valued at €620K and the historical archives of the House, whose valuation conducted with a major auction house could represent several million euros. GreenSome Finance adjusts its 2026 forecasts to €2 million in revenue and €0.28 million in operating income, reflecting a gradual ramp-up without challenging the long-term investment thesis.
