Berenberg keeps EUR 135.00 target for ATOSS Software stock
Published on 10/01/2026 at 14:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
ATOSS Software (ISIN DE0005104400) was trading at EUR 83.90 at Lang & Schwarz on October 1, 2026 at 2:01 p.m. CEST, plus 1.57 percent versus the prior close of EUR 82.60. Berenberg kept its Buy rating and EUR 135.00 target for ATOSS Software stock on September 25, 2026, according to FinanzNachrichten.
Cloud growth strengthens recurring revenue
ATOSS entered the final quarter with a strong recurring-revenue profile. In the first half of 2026, revenue grew 12.00 percent year over year, while Cloud and Subscriptions revenue increased 26.00 percent, according to Yahoo Finance.
The first-half EBIT margin reached 35.00 percent, one percentage point above the prior-year quarter, while total ARR rose 17.00 percent year over year to EUR 152.20 million. ATOSS also maintained its 2026 revenue outlook of EUR 210.00 million to EUR 215.00 million and an EBIT margin of at least 34.00 percent, as reported by Yahoo Finance.
Analysts split on valuation
Berenberg's EUR 135.00 target implies 60.91 percent upside from the Lang & Schwarz price of EUR 83.90, using the same euro currency. The target is based on a Buy rating and reflects Berenberg's view that an improving German economy and labor-market reforms could support ATOSS, according to FinanzNachrichten.
UBS started coverage with a Neutral rating and a EUR 100.00 target on September 21, 2026. Deutsche Bank Research kept a Buy rating with a EUR 115.00 target on September 24, 2026, and pointed to a possible increase in the 2026 EBIT margin target from at least 34.00 percent to 36.00 percent at the third-quarter report, according to FinanzNachrichten.
Third-quarter date sets the next test
ATOSS is scheduled to publish its third-quarter 2026 results on October 23, 2026, according to the company schedule cited by MarketScreener. That report will show whether the 35.00 percent first-half margin and 12.00 percent revenue growth can support the analyst debate over the company's valuation.
ATOSS stock advances in trading
ATOSS stock was trading at EUR 83.90 at Lang & Schwarz on October 1, 2026 at 2:01 p.m. CEST, plus 1.57 percent versus the Lang & Schwarz prior close of EUR 82.60 on September 30, 2026. On Xetra, the stock's primary listing, the quote context was EUR 83.50 at 11:46 a.m. CEST on October 1, 2026, according to the market data timestamp.
The further course of trading is shown by the continuously updated real-time quote of ATOSS Software stock.
ATOSS Software stock facts
- Company: ATOSS Software SE
- ISIN: DE0005104400
- WKN: 510440
- Ticker: AOF
- Primary exchange: Xetra
- Price Lang & Schwarz (as of October 1, 2026, 2:01 p.m. CEST): EUR 83.90
- Change versus prior close: plus 1.57 percent
- Prior close Lang & Schwarz (September 30, 2026): EUR 82.60
- Market capitalization: EUR 1.3 billion (as of October 1, 2026)
- 52-week range: EUR 65.00-124.00 (as of October 1, 2026)
- Sector / Industry: Information Technology / Software
- Index membership: SDAX and TecDAX
- Next earnings date: October 23, 2026
