📢 Latent View Surpasses Estimates; Strong H2 Outlook Drives Target Price to ₹600

Latent View Analytics reported a robust 7.1% QoQ USD revenue growth, beating expectations on the back of strong momentum in Financial Services and Consumer Retail verticals. However, the Tech segment declined 1% QoQ due to productivity passthrough and limited insourcing — challenges seen as industry-wide rather than company-specific. Growth visibility remains solid with Databricks engagement up ~80% YoY and a USD 7 million GenAI pipeline in Q2, expected to fuel H2FY26 and beyond. The company trimmed its FY26 EBITDA margin guidance to 22–23% (from 23–24%) owing to strategic investments in senior leadership and Databricks/CoE talent, but long-term targets of 24–25% remain intact. Prabhudas Lilladher projects USD revenue growth of 19.8%/21.1%/21.6% for FY26E/FY27E/FY28E and values the stock at 40x Sep’27E EPS, assigning a target price of ₹600 and retaining a BUY rating. #LatentView #EarningsUpdate #Q2Results #Databricks #GenAI #StockMarketIndia #PrabhudasLilladher #BuyRating #ITStocks #EarningsBeat