Jefferies lifts Sage stock price target to GBP16.00, retains buy rating

Published 30/01/2025, 18:44
Jefferies lifts Sage stock price target to GBP16.00, retains buy rating

On Thursday, Jefferies increased its price target on Sage shares from GBP15.00 to GBP16.00, reaffirming its Buy rating on the company. The revised price target comes after Sage’s first quarter 2025 report, which provided new insights into the company’s performance and growth prospects.

The report revealed that Sage’s sequential Annual Recurring Revenue (ARR) growth for the first quarter was around 2%, a detail that Jefferies found particularly reassuring. This growth rate effectively addresses concerns that Sage might have pulled forward business to achieve a strong end to the fourth quarter of 2025.

In addition to the ARR growth, Jefferies highlighted Sage’s potential in AI monetization. The firm believes that Sage has a significant opportunity to deliver value to small and medium-sized businesses (SMBs) and to capture incremental revenues through its AI-driven offerings.

The analyst’s statement from Jefferies emphasized the positive outlook: "The most encouraging aspect of the 1Q25 release is commentary that 1Q sequential ARR growth was around 2%, silencing fears that Sage pulled business forward to deliver a strong finish to 4Q25. Meanwhile, datapoints around AI monetisation highlight the long runway to deliver value to SMBs and capture incremental revenues. We raise our PT to 1,600p and stay at Buy."

Sage, listed on the London Stock Exchange (LON:LSEG) as SGE:LN and on the OTC markets as SGGEF, is a company that provides accounting, payroll, and payment systems for businesses globally. The firm’s focus on integrating AI into its services is seen as a strategic move to enhance its product offerings and secure a competitive edge in the market.

The positive sentiment from Jefferies reflects confidence in Sage’s strategy and its ability to sustain growth momentum. With the new price target set at 1,600 pence, investors may watch Sage’s stock performance closely in the upcoming period to see if the company continues to meet the expectations set by market analysts.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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