Prabhudas Lilladher keeps 'Buy' on Fractal Analytics, ₹1,010 target
Business
Fractal Analytics just got a thumbs-up from Prabhudas Lilladher, which kept its "Buy" rating and set a target price of ₹1,010.
Despite global economic ups and downs, Fractal is holding steady thanks to clients investing in AI to boost their edge.
Fractal.ai revenue grew 14% this year, with healthcare jumping 59%, while tech, media, and telecom dipped slightly but have stabilized.
A multi-year $17mn+ deal with a leading US healthcare enterprise should support growth in FY27 and beyond, while the rest of the BUs (ex-TMT) grew 22% YoY in USD.
Fractal working on Cogentiq, 117% NRR
Fractal is working on Cogentiq to make things run smoother.
With impressive numbers like 117% net revenue retention and an NPS of 78, the company seems set for solid growth into next year and beyond.