Cancom, DE0005419105

Cancom buys back 125,760 shares as Cancom stock gains 2.45 percent

Published on 10/01/2026 at 16:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UBS set a EUR 26.00 target and Buy rating on September 24, 2026. Cancom stock costs EUR 23.00 on October 1, 2026, up from EUR 22.45.

Bauhaus-Poster im Konstruktivismus-Stil mit Text IT-SERVICES SDAX TECH und geometrischen Farben — Cancom SE SDAX DE0005419105 als Bauhaus-Poster mit geometrischen Formen und IT-SERVICES TECH Schriftzug, Illustration mit AI erstellt.

Cancom stock was trading at EUR 23.00 at Lang & Schwarz on October 1, 2026 at 3:58 p.m. CEST, up 2.45 percent from the prior close of EUR 22.45. The company repurchased 125,760 shares between September 21 and September 25, taking its buyback total to 331,742 shares, according to Deutsche Boerse on September 28, 2026.

Buyback reaches 331,742 shares

Cancom's program allows purchases of up to 1,436,985 shares, equal to 5 percent of share capital, through December 31, 2026, according to Cancom in its September 1, 2026 announcement. The reported 331,742 shares represent 23.09 percent of the program maximum, a concrete measure of the capital-return pace so far.

Analyst targets stay above the price

UBS initiated coverage with a Buy rating and a EUR 26.00 target based on a study dated September 24, 2026, according to Finanznachrichten. The target lies 13.04 percent above the Lang & Schwarz price. Berenberg kept a Hold rating and a EUR 25.00 target in a study dated September 24, 2026, as reported by Finanznachrichten. That target is 8.70 percent above the same euro reference price.

Profitability contrasts with lower revenue

In the second quarter of 2026, Cancom reported revenue of EUR 368.88 million, down 6.19 percent from EUR 393.24 million in the year-earlier quarter, while earnings per share improved to EUR 0.12 from a loss of EUR 0.01, according to Finanzen.net on September 9, 2026. The mix gives investors two opposing signals: weaker sales momentum, but a positive earnings-per-share comparison.

Stock remains below yearly high

Cancom's market capitalization was EUR 661.0 million on October 1, 2026. The 52-week range was EUR 20.05 to EUR 29.45, placing the Lang & Schwarz price 21.90 percent below the high and 14.71 percent above the low. The next reporting date is November 12, 2026, when the company is scheduled to publish its third-quarter 2026 results.

Trading range frames the next report

At EUR 23.00, the stock is closer to its 52-week low than its high, while the buyback and analyst targets provide separate valuation reference points. The next scheduled results date gives the market a defined point for testing whether second-quarter earnings improvement can offset the revenue decline. The further course of trading is shown by the continuously updated real-time quote of Cancom stock.