Metzler set EUR 28.50 target for IONOS stock

Published on 10/14/2026 at 09:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

IONOS planned 450 job cuts on September 10, 2026. For IONOS stock, costs reached EUR 35.00 million.

Strategic reset and earnings scale

Metzler set a EUR 28.50 target and rated IONOS Sell on September 30, 2026.
First-half 2026 revenue reached EUR 701.10 million, up 6.90 percent year over year.
The September 10, 2026 transformation plan carries EUR 35.00 million of restructuring costs.

Ionos, DE000A3E00M1, Illustration mit AI erstellt.

Metzler set a EUR 28.50 price target and a Sell rating for IONOS stock on September 30, 2026, according to DER AKTIONÄR. The assessment challenged the company's attempt to build a stronger cloud and artificial intelligence profile while describing its core business as traditional web hosting.

Transformation carries measurable costs

IONOS's September 10, 2026 transformation program targets 450 fewer full-time positions, reducing the workforce from 3,800 to 3,350. ka-news reported that the plan includes EUR 35.00 million of restructuring costs in 2026 and annual savings of up to EUR 30.00 million from 2027.

Three milestones frame the reset

On May 12, 2026, IONOS reported first-quarter revenue of EUR 348.40 million, up 5.70 percent year over year, according to Simply Wall St. On August 6, 2026, the investor-relations calendar listed the first-half report, while Quartr recorded first-half revenue of EUR 701.10 million, up 6.90 percent, and adjusted EBITDA of EUR 245.20 million, up 3.50 percent. On September 10, 2026, the transformation program became the latest milestone.

What funds the transformation?

The financial logic is a delayed cost reset: EUR 35.00 million of restructuring expense in 2026 is paired with annual savings of up to EUR 30.00 million from 2027. The company also expects to direct the savings toward artificial intelligence products and cloud expansion, making execution and margin conversion the key measures for the next report.

Next report date is November 12

IONOS is scheduled to report third-quarter 2026 results on November 12, 2026, according to Simply Wall St. That update will show whether first-half growth and the transformation plan are progressing together.

Last Xetra price on October 13

The last Xetra price was EUR 34.20 on October 13, 2026, while market capitalization stood at EUR 4.7 billion on the same date. The further course of trading is shown by the continuously updated real-time quote of IONOS stock.