adesso joins Delos Cloud partnership: adesso stock gains 1.76 percent

Published on 10/05/2026 at 14:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit EUR 794.3 million in the first half of 2026, up 13.00 percent. adesso stock costs EUR 57.85 on October 5, 2026 versus EUR 56.85.

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adesso (ISIN DE000A0Z23Q5) was trading at EUR 57.85 at Lang & Schwarz on October 5, 2026 at 2:38 p.m. CEST, up 1.76 percent versus the prior close of EUR 56.85. On September 22, 2026, adesso announced a partnership with Delos Cloud to deliver sovereign cloud solutions for government agencies, local authorities and public-sector service providers, as MarketScreener reported.

Cloud partnership targets public sector

The agreement expands adesso's sovereign-cloud offering beyond consulting and implementation. The company will support customers with consultancy, architecture and implementation of Delos Cloud solutions, while the partners plan to add managed services and reselling in the medium term, according to MarketScreener.

The commercial angle is clear: adesso can combine its existing IT consulting and software expertise with a cloud platform designed around German data-control and security requirements. The announcement names government agencies, municipalities and public-sector service providers as target customers.

First-half growth supports guidance

In the first half of 2026, revenue increased 13.00 percent to EUR 794.3 million and EBITDA rose 21.00 percent to EUR 45.8 million, according to adesso. The company also confirmed its full-year forecast for 2026, giving the cloud initiative a growth backdrop rather than making it a standalone earnings event.

The numbers show the balance investors are weighing. Revenue growth was solid, while the larger 21.00 percent EBITDA increase indicates that profitability improved faster than sales during the first half. That operating leverage matters because adesso's public-sector cloud expansion will require implementation capacity before any managed-services contribution develops.

Berenberg keeps EUR 128 target

Berenberg maintained its Buy rating and a EUR 128.00 price target for adesso on September 25, 2026. The analyst view, published by finanzen.at, identifies adesso as a potential beneficiary of improving German economic conditions and places the target EUR 70.15 above the Lang & Schwarz price, a 121.26 percent difference calculated from EUR 57.85.

Stock trades above prior close

The EUR 57.85 Lang & Schwarz price on October 5, 2026 at 2:38 p.m. CEST stood EUR 1.00 above the EUR 56.85 prior close from October 2, 2026, equal to a 1.76 percent gain. Xetra-listed adesso stock therefore entered the afternoon with the partnership, first-half growth and analyst valuation as separate reference points rather than a single earnings trigger. The further course of trading is shown by the continuously updated real-time quote of adesso stock.