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Andersen Group (ANDG) Jumps 27.9% on Double-Digit Revenue Growth Hopes
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Andersen Group Inc. (NYSE:ANDG) is one of the 10 Stocks Gaining Momentum Fast. Andersen Group soared by 27.90 percent week-on-week, as investors cheered the company’s highly optimistic outlook for this year, with revenues targeted to grow by double digits. In its earnings call earlier in the week, Andersen Group Inc. (NYSE:ANDG) said that it is gunning for a revenue growth of 14 to 15 percent this year, at $955 million to $970 million; as well as adjusted EBITDA growth of 22 to 23 percent to a range of $213 million to $220 million. Photo by Karolina Grabowska on Pexels “We are entering 2026 with strong momentum and a clear focus on disciplined growth—investing in the expansion of our platform, integrating high-quality firms across key markets, and deploying technology, automation, and AI to enhance efficiency and scale our services. These investments position us to further strengthen our market leadership while driving sustained revenue growth and increased profitability over time,” Andersen Group Inc. (NYSE:ANDG) Chairman and CEO Mark Vorsatz said. Last year, Andersen Group Inc. (NYSE:ANDG) grew its revenues by 14.6 percent to $838.69 million from $731.59 million in 2024. However, it swung to a net loss of $130.17 million from a $134.8 million net income year-on-year. In the fourth quarter alone, net loss widened by 1,919 percent to $195.87 million from $9.7 million, while revenues jumped by 19 percent to $170 million from $142 million. While we acknowledge the potential of ANDG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years. Disclosure: None. Follow Insider Monkey on Google News.