Cancom, DE0005419105

Cancom stock gains 1.13 percent as UBS starts Buy

Published on 09/25/2026 at 12:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cancom stock gets a EUR 26 UBS target on September 25, 2026. H1 EBITDA rose 34 percent to EUR 49.2 million while revenue fell 3.5 percent.

Schwarzweiß-Fotografie eines IT-Technikers bei Serverinstallation im Rechenzentrum — Cancom SE zeigt mit ISIN DE0005419105 dokumentarische Einblicke in IT-Dienstleistungen und Managed-Services-Technik, Illustration mit AI erstellt.

Cancom stock (ISIN DE0005419105) was trading at EUR 22.40 on Xetra on September 25, 2026, up 1.13 percent from the previous close of EUR 22.15. According to Investing.com, UBS started coverage with a Buy rating and a EUR 26 price target on September 25, 2026.

UBS sets a EUR 26 target

The target stands 16.07 percent above the Xetra reference price. UBS also cited expected average earnings growth of more than 20 percent through 2028 and a price-to-earnings ratio of 16.6, according to Investing.com.

Profitability improves in H1

Cancom's first-half 2026 revenue fell 3.5 percent year over year, while EBITDA increased 34 percent to EUR 49.2 million. The figures and the related operating assessment were reported by 4investors on September 3, 2026.

The margin trend adds an important counterweight to the weaker top line. In Germany, the EBITDA margin rose from 2.7 percent to 6.1 percent in H1 2026, while the same report identified cash conversion, international operations and revenue development as pressure points.

Buyback follows index reset

Cancom's 2026 guidance calls for revenue of EUR 1.75 billion to EUR 1.85 billion and EBITDA of EUR 110 million to EUR 130 million, according to 4investors on September 21, 2026. The company also left the TecDAX during the index reshuffle, a change linked to its reduced market capitalization.

Separately, the share-buyback program allows Cancom to acquire up to 1,436,985 shares, equal to 5 percent of share capital, between September 7 and December 31, 2026, as stated in the EQS release published on TradingView.

Stock remains below yearly high

Cancom stock was trading at EUR 22.40 on Xetra on September 25, 2026, with volume of 75,294 shares. The price stood 23.94 percent below the 52-week high of EUR 29.45 and above the 52-week low of EUR 20.05, leaving profitability and guidance as the main company-specific reference points for the stock.