Atos SE [AEXAY] Stock Forecast

Atos has suffered a vicious selloff on the heels of a massive capital raise announcement. Debt issues could be on the horizon as well, particularly with the company needing to execute an ambitious mid-term plan. The stock has seen its relative discount widen, but the persistent gap likely won't be closing anytime soon.

I have had varying opinions on Atos but currently believe the company's turnaround will take time. Despite not being a risk-free investment, I see minimal fundamental danger in losing a majority of the investment, and view Atos as an investment with a potential upside. I plan to review 1Q23 for any encouraging signs in the company's performance.

Atos SE (OTCPK:AEXAF) Q4 2022 Earnings Conference Call March 1, 2023 2:00 AM ET Company Participants Nourdine Bihmane - Group Chief Executive Officer & Co- Chief Executive Officer, Tech Foundations Philippe Oliva - Group Deputy Chief Executive Officer & Co- Chief Executive Officer, BDS & Digital-Evidian Diane Galbe - Senior Executive Vice President Nathalie Senechault - Chief Financial Officer Conference Call Participants Frederic Boulan - Bank of America Laura Metayer - Morgan Stanley Laurent Daure - Kepler Mohammed Moawalla - Goldman Sachs Alexandre Faure - BNP Paribas Nicolas David - ODDO BHF Nourdine Bihmane Thank you, operator and good morning, everyone, and thank you for joining us for the presentation of the Atos' Full Year Results for 2022. I'm Nourdine Bihmane, Group CEO and Co-CEO in charge of Tech Foundation, and I have with me today Diane, Group Senior Executive Vice President; Philippe Oliva, Co-CEO in charge of Evidian; and Nathalie Senechault, our Group CFO.

France's Atos and Amazon.com's Amazon Web Services (AWS) on Wednesday announced a multi-year partnership to help the French IT consulting firm's customers migrate their workloads to the cloud.

French technology consultancy company Atos , whose shares have slumped on scepticism over its restructuring plan, said it had rejected expressions of interest from rival 'onepoint' and UK private equity fund ICG in Atos' Evidian unit.

I've covered Atos for some time - and I'm an owner of the company stock, currently significantly in the red. There are reasons for "the red". However, there are upsides. You can't expect that much from the company this year, beyond normalizing from here on, but you can expect better in the future.

I wrote about Atos some months, calling the company a "BUY". Since that call, the company's share price has declined even further due to headwinds. It's time for an update on Atos and a justification of the upside in this cheap IT company.

Atos is entering "a pivotal year" after facing a series of setbacks in 2021, the head of the French IT consulting group said on Monday.

I'm revisiting an EU IT company that I looked at a few months back. Since my coverage, the company has seen a massive but not-unexpected impact from questions regarding their accounting, as well as guidance warnings.

Usually, I won't touch bookkeeping or accounting issues no matter the upside - but there are exceptions. Massive banks and large companies like this. Atos is in part a reader request, and in part a company I've been meaning to look at.

Atos SE is a FR stock and trading under the symbol AEXAY

Atos SE stock price is $1.23 today.

Yes, Atos SE is a publicly traded company.