Cancom, DE0005419105

Cancom stock carries a new UBS Buy rating from September 25, 2026

Published on 10/04/2026 at 22:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cancom stock carries a UBS Buy rating and a EUR 26 target dated September 25, 2026. Q2 revenue fell 6.19 percent to EUR 368.88 million.

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Cancom stock (ISIN DE0005419105) was last at EUR 22.45 on Xetra on October 2, 2026, at 5:35 p.m. CEST, down 0.66 percent from the prior close of EUR 22.60. On September 25, 2026, UBS initiated coverage with a Buy rating and a EUR 26 price target, giving the latest analyst view a clear upside reference.

Two targets split the analysts

According to dpa-AFX on September 25, 2026, UBS analyst Olivier Calvet expects Cancom earnings to increase by more than 20 percent per year through 2028. UBS also cited a price-to-earnings ratio of 16.6 in its investment case.

dpa-AFX reported on September 25, 2026, that Berenberg retained Hold with a EUR 25 target. The two targets sit EUR 1 apart, underlining a more cautious view from Berenberg than from UBS.

Quarterly revenue fell

Cancom generated EUR 368.88 million in Q2 2026, down 6.19 percent from EUR 393.24 million in the year-earlier quarter, according to finanzen.net. Adjusted for the weaker sales line, the quarter still produced EPS of EUR 0.12, compared with a loss of EUR 0.01 in Q2 2025.

That mix matters for the stock: the revenue comparison points to pressure on demand, while the swing to positive EPS gives analysts a profitability argument. CANCOM's investor-relations calendar lists November 12, 2026, for the Q3 2026 interim statement, making the next report the next scheduled checkpoint.

Stock sits below the average target

The eight-analyst consensus is Outperform, with an average target of EUR 27.21, a high target of EUR 32.00 and a low target of EUR 23.00, according to MarketScreener. Against EUR 22.45 on October 2, 2026, the average target is 21.20 percent above the Xetra price.

Cancom's 52-week range is EUR 20.05 to EUR 29.45, while market capitalization is EUR 645.2 million and volume reached 73,453 shares on October 2, 2026. The stock therefore stood 23.77 percent below its 52-week high, leaving the analyst targets as the main numerical test for the next results release.