Should I Buy Gentrack Group Stock in 2025? Key Insights for NZ Investors

What is the Gentrack Group?

How much is the Gentrack Group stock?

The price of Gentrack Group stock is rising this week. As of now, the share trades at 11.39 AUD, showing a 24-hour gain of 0.52 AUD (+4.78%) and a weekly increase of 5.56%. Gentrack’s market capitalisation stands at 1.23 billion AUD, with an average daily trading volume of 270,521 shares over the past three months.

Investors should note that while recent performance is strong, the higher beta indicates potential for above-average volatility in the NZ market.

Our complete analysis of the Gentrack Group stock

After a rigorous review of Gentrack Group’s (ASX/NZX: GTK) latest financial results and a thorough assessment of its share performance over the past three years, we leveraged advanced analytics—integrating financial fundamentals, technical signals, real-time market sentiment, and peer benchmarking through proprietary algorithms—to form an updated investment thesis. The convergence of acceleration in earnings, resilient sector demand, and notable momentum creates a compelling case for renewed optimism. So, why might Gentrack Group stock once again become a strategic entry point into the high-growth smart utility tech sector in 2025?

Recent Performance and Market Context

Gentrack has exhibited robust performance in a volatile market, demonstrating its resilience and growth potential. As of 30 May 2025, the stock closed at 11.39 AUD, marking a 4.78% gain on the day and a striking 26.56% rise over the past year, despite a modest 12.45% retreat over six months from elevated 2024 highs. The past week alone delivered a healthy 5.56% gain, underscoring a marked turn in investor sentiment following the release of better-than-expected H1 2025 results.

The recent upturn is further underpinned by global macro trends: escalating investments in digital transformation, regulatory tailwinds supporting sustainable energy, and a strong uptick in demand for cloud-native billing and customer management solutions among utilities and airport operators. The NZ tech sector, buoyed by robust government and industry support, continues to attract both institutional and strategic capital—a positive backdrop for companies with proven platforms and international footprints like Gentrack.

Notably, Gentrack’s 19 May 2025 announcement of a 35% growth in net profit, combined with its strategic support for Amber's capital raise on 29 May, signalled to the market a business in expansion mode and well-positioned to capitalise on the accelerating adoption of smart energy and sustainability solutions. These events have materially reinforced GTK’s positive narrative, increasing its appeal among both local and global investors.

Technical Analysis

A technical review reveals an increasingly bullish structure supportive of a continuation rally in the medium term. While the Relative Strength Index (RSI) stands at 49.14—near neutral territory and suggesting there is headroom before entering overbought conditions—the Moving Average Convergence Divergence (MACD) at 0.08 has crossed into “buy” territory, confirming a constructive trend.

Price action has recently pivoted higher above short- and medium-term moving averages:

• 50-day MA: 10.31 AUD (signal: buy)
• 100-day MA: 10.55 AUD (signal: buy)
• 200-day MA: 10.40 AUD (signal: buy)
• 20-day MA: 11.04 AUD (slightly lagging, reflecting recent volatility)

The presence of firm technical support at 10.80 AUD and a strong resistance at the 13.13 AUD yearly high (the 52-week trading band is 8.58 – 13.13 AUD) provides a clear framework for risk management. Notably, the clustering of rising moving averages below current price levels suggests a mechanically favourable setup—should momentum persist, a retest of resistance appears probable.

Short- to medium-term momentum has turned convincingly positive following a period of consolidation, which historically presages persistent uptrends in high-quality growth names such as GTK.

Fundamental Analysis

Gentrack’s fundamentals present a narrative of durable revenue growth and profitability, anchored by an increasingly recurring revenue model and reinforced by innovation.

Key financial highlights from H1 2025:

• Revenue: 112.0 million NZD, up 9.8% year-on-year, exceeding consensus.
• Recurring revenue: Up approximately 17%, elevating predictability and stability.
• Net Profit: Surged 35% for the semester, confirming operational leverage.
• Earnings per Share: 0.068 NZD vs. 0.052 NZD (H1 2024), a solid performance beat.
• Annual revenue guidance: At least 230 million NZD for FY2025, with EBITDA set to outpace topline growth.

Valuation remains firmly growth-oriented, with a P/E of 81.36. While elevated, this is consistent with other leading tech infrastructure names at similar growth trajectories—and is further justified by market positioning and the high-quality, contracted nature of GTK’s revenue streams. No dividends are currently paid, reflecting a commitment to reinvest in expansion and innovation.

Importantly, Gentrack’s competitive strengths are pronounced:

• Leadership in core markets: A dominant force in utility billing software across Australasia and the UK.
• Technological advantage: Transition to g2.0 cloud-native platforms, enabling rapid scaling and high client retention.
• Long-term client base: Deep, sticky relationships with major utilities and airports.
• Sector recognition: Over 35 years of sector expertise, fostering trust and market penetration.

Analyst sentiment aligns with these fundamentals: consensus target price is 12.87 AUD, and all four current analyst ratings are “Strong Buy”—underscoring institutional conviction in the ongoing transformation.

Volume and Liquidity

Gentrack boasts a healthy trading profile, averaging 270,521 shares traded daily over the last three months and offering a market capitalisation of 1.23 billion AUD. This liquidity signals widespread market confidence, ensuring that both individual and institutional investors can enter or exit positions efficiently.

The freely available float is robust but not excessive, maintaining dynamic valuation while supporting volatility that can be advantageous to informed investors, particularly around results or strategic newsflow.

Catalysts and Positive Outlook

GTK is positioned at the intersection of several transformative industry currents, each providing additional lift to the stock’s outlook for 2025 and beyond:

• Acceleration of smart utility solutions: Ongoing global transition to renewable energy grids and decarbonisation initiatives favour Gentrack’s core offering.
• Strategic expansion: Continued push into new geographies (Europe, North America) is opening up untapped growth reservoirs.
• Product innovation: The rollout of platform g2.0 enhances both scalability and cross-sell opportunities—an important driver of future revenue.
• ESG momentum: As climate and regulatory frameworks tighten, utilities worldwide are under pressure to modernise their digital infrastructure—directly supporting GTK’s addressable market.

The underwriting of Amber’s latest fundraising round signals Gentrack’s growing role as an ecosystem leader, not just a software vendor. Such engagement in smart energy projects drives credibility, learning, and long-term revenue potential.

Analyst consensus, robust revenue outlook, and strong EBITDA growth forecasts collectively create a “perfect storm” of upward bias in sentiment and expectations.

Investment Strategies

For those seeking tactical, medium, or long-term exposure to high-growth tech, Gentrack presents several attractive angles for consideration:

• Short-term strategies: The technical structure provides a clear window for entries near current levels, with defined support at 10.80 AUD and upside to 13.13 AUD. The post-earnings surge and recent volume spikes position GTK as a near-term momentum candidate—particularly appealing to active traders.
• Medium-term: Continued delivery against guidance (notably in revenue and margin expansion), as well as further innovation announcements, should support progressive multiple expansion as the story gains recognition. Positive sector flows and likely new contract wins are strong tailwinds.
• Long-term positioning: For investors willing to anchor for several years, Gentrack’s recurring revenue emphasis, penetration of global utility verticals, strategic management team, and alignment with ESG megatrends create a profile consistent with sustained compounding. Current levels appear particularly attractive given impending catalysts and sector re-rating potential.

An ideal portfolio strategy could involve staggered accumulation near technical lows, complemented by a readiness to ride upside moves driven by sector or company-specific developments—always with disciplined risk controls.

Is it the Right Time to Buy Gentrack Group?

In summary, the combination of strong recent financial outperformance, accelerating recurring revenues, and bullish technical signals suggests Gentrack Group is entering a new phase of growth. Its unique positioning at the heart of utility sector digitalisation—augmented by steadfast innovation and geographic expansion—underscores a fundamental case for renewed and potentially sustained appreciation in valuation.

The stock’s liquidity, positive momentum, and expert analyst consensus lend powerful additional confidence, while the sector’s macro tailwinds further enhance the investment narrative. Given the convergence of these factors, Gentrack seems to represent an excellent opportunity for those seeking quality exposure to transformation in the utilities technology space, with both near-term and long-term horizons appearing particularly appealing.

For astute investors searching for strategic positions in New Zealand’s dynamic tech ecosystem, Gentrack Group stands out as a stock whose robust fundamentals, innovation pipeline, and clear market leadership justify renewed interest at this pivotal moment.

How to buy Gentrack Group stock in New Zealand?

Buying Gentrack Group stock online is safe and accessible for investors in New Zealand, especially when choosing a regulated broker. You can own Gentrack shares outright with a traditional cash purchase, or trade Gentrack’s price movements using Contracts for Difference (CFDs). Both methods can be completed online in just a few steps and offer different benefits depending on your goals. For a detailed broker comparison, including Kiwi and global platforms suited to NZ investors, see our broker comparator further down the page.

Cash buying

A cash purchase means buying Gentrack Group (GTK) shares directly on the exchange, becoming a shareholder with voting rights and potential dividends (note: Gentrack currently does not pay a dividend). Most NZ brokers charge a fixed commission per order, often around NZD $5–$15, plus a small foreign exchange margin if buying on the ASX.

Example

Example: Suppose Gentrack shares are trading at 11.39 AUD (about 12.40 NZD). With a $1,000 NZD stake, and a brokerage fee of $5, you could buy approximately 80 shares ($995 / $12.40 = 80.24 shares).
✔️ Gain scenario:
If the price rises by 10%, your 80 shares are now worth $1,100 NZD.
Result: +$100 gross gain, or +10% on your investment.

Trading via CFD

CFD trading lets you speculate on Gentrack Group’s share price without owning the underlying shares. This method is available via specialist CFD brokers, and often includes features like leverage, allowing you to increase your market exposure. Typical costs include the spread (the difference between buy and sell prices) and overnight financing if leveraged positions are held longer than a day.

Example

Example: You open a CFD position on Gentrack with $1,000 NZD and use 5x leverage, giving you $5,000 exposure to the share price.
✔️ Gain scenario:
If Gentrack’s price rises by 8%, you earn 8% × 5 = 40% return.
Result: +$400 gain, on your $1,000 outlay (excluding fees).

Final advice

Before investing, it’s wise to compare brokers’ fees, platform features, and regulatory protections. Some platforms specialise in spot buying for long-term investors, while others focus on leveraged CFD trading for active traders. Consider your investment objectives and risk appetite to choose the approach that’s right for you. For up-to-date NZ broker rankings and a detailed comparison of fees, take a look at our broker comparator below on this page.

Our 7 tips for buying Gentrack Group stock

The latest news about Gentrack Group

Gentrack shares surged 5.56% this week as market sentiment turned optimistically bullish post-results. The stock reached 11.39 AUD, marking a 4.78% gain intraday and reversing recent six-month underperformance, fuelled by a favourable investor reaction on both the ASX and NZX. This rally aligns with a rising volume and positive technical momentum, supported by buy signals from key moving averages and a MACD crossover, positioning Gentrack favourably for short-term appreciation in the New Zealand market context.

The company recorded a 35% net profit growth and a 9.8% revenue increase in its latest half-year results. Most notably for New Zealand investors, recurring revenues rose an impressive 17%, and total revenue outpaced expectations with robust ongoing SaaS uptake among local utilities. These financial results serve as a clear affirmation of Gentrack’s success in executing its strategic objectives, particularly in strengthening its base of long-term, high-value contracts with energy and water providers across the region.

Gentrack expanded its presence in the smart energy sector by supporting Amber's capital raise, underscoring its leadership in digital utility transformation. This partnership, announced on 29 May 2025, reinforces the company’s commitment to innovation in New Zealand’s evolving energy landscape, bringing advanced billing and customer management technologies to ambitious local and regional energy transition projects. The move enhances its growth pipeline in smart utilities and positions Gentrack as a reliable technology partner for decarbonisation and grid digitisation efforts.

The outlook remains strongly positive, with consensus analyst ratings holding at 'Strong Buy' and an elevated price target of 12.87 AUD. Four analysts covering the stock have reiterated optimism, citing Gentrack’s recurring revenue model, expanding international footprint, and core technological advancements as primary value drivers. This sentiment is matched by expectations for annual revenues to exceed 230 million NZD and an EBITDA trajectory outpacing revenue growth, with New Zealand-based funds Milford Asset Management retaining a significant ownership stake to anchor domestic confidence.

Gentrack’s Auckland headquarters and its proven expertise since 1989 reinforce its strategic significance to New Zealand’s critical infrastructure sectors. The company’s leadership position, reliable long-term client base, and relentless focus on cloud-native innovation underpin its resilience and continued market share gains, especially in the regulated local energy and water industries. With no dividend currently paid, the investment case centres on capital appreciation driven by operational excellence and recurring SaaS revenues, aligning with forward-looking ESG and digital transformation priorities within New Zealand's utility markets.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.