Scout24 stock gains 4.82% as Q3 growth sharpens 2026 outlook

Published on 11/07/2026 at 12:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Scout24 stock advanced as strong third-quarter growth and a sharper 2026 outlook reinforced the investment case. AI products added momentum.

Growth and outlook drive the week

Scout24 reported 19.7% third-quarter revenue growth to 198.2 million euros.
Management specified 2026 revenue growth at about 18% and reaffirmed its margin target.
AI products, subscriptions and improving Spanish profitability supported the business momentum.

Scout24, DE000A12DM80, Illustration mit AI erstellt.

Scout24 reported strong third-quarter growth on Wednesday, November 4, while its share price completed the week higher. In its Q3 results release, Scout24 said group revenue rose 19.7% year over year to 198.2 million euros.

The real-time quote of Scout24 stock showed Scout24 stock traded at 89.18 euros on Lang & Schwarz at 11:57 CET on Saturday, November 7, 2026, 0.09 percent above the Xetra close of Friday, November 6. The Xetra close rose from 85.00 euros on Friday, October 30, to 89.10 euros on Friday, November 6, a weekly gain of 4.82 percent.

Revenue growth broadens

Organic revenue growth excluding the Spanish business remained double digit at 10.1% in the quarter. Professional revenue increased 23.3% to 146.7 million euros, while private revenue grew 10.5% to 51.6 million euros. German professional subscription revenue advanced 11.5%, and private subscription revenue rose 10.4%.

Ordinary operating EBITDA increased 15.9% to 120.8 million euros. Adjusted earnings per share climbed 21.5% to 1.09 euros, helped by operating progress and share buybacks. The reported ordinary operating EBITDA margin was 60.9%.

Sharper 2026 expectations

Scout24 specified full-year revenue growth at about 18%, including 7 to 8 percentage points from the Spanish business, compared with its previous range of 16% to 18% and a 6 to 7 percentage-point Spanish contribution. The company reaffirmed an ordinary operating EBITDA margin of up to 61%, or up to 64% on an organic basis.

Spain delivered sequential revenue growth and higher profitability, while the Agentic OS strategy expanded AI-supported products for consumers and professionals. The company said higher-value memberships now account for around 40% of the membership mix, supporting private-segment average revenue per user.

Scout24 is a DAX member, placing the stock in the context of Germany's large-cap equity market. Current market reports provide the broader index context.

More news and analyses on Scout24 stock remain available for investors tracking the next outlook update. Scout24 plans to publish preliminary full-year and fourth-quarter 2026 results on February 25, 2027.