News Summary DJ Catapult Bull Sounds Positive on 1H Result -- Market Talk CAT $5.00-$0.46 (-8.4%)$4.99$5.00
18 Nov 2025 10:11:131 View 0 comments
2308 GMT [Dow Jones]
Catapult Sports' bull at Jefferies sounds reasonably positive about the athletic-tech provider's fiscal first-half performance.
Analyst Wei Sim tells clients in a note that results reported Tuesday are at or above the mid-point of guidance ranges published last month.
While churn rates were higher than a year earlier, Sim points out that this was driven by Catapult's previously flagged exit from Russia.
Stripping out that move, churn was flat compared with a year earlier, and down on the prior half year.
Jefferies has a last-published buy rating and A$8.60 target price on the stock, which is down 7.0% at A$5.08. ([email protected])
(END) Dow Jones Newswires