secunet Security Networks stock falls 8.87 percent after CFO change

Published on 09/24/2026 at 21:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

secunet Security Networks stock traded at EUR 226 on September 24, 2026, 11.37 percent below its 52-week high. First-half revenue rose 19.2 percent to EUR 204.7 million.

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secunet Security Networks stock fell 8.87 percent to EUR 226 on Xetra on September 24, 2026, putting the price 11.37 percent below its 52-week high of EUR 255. The market reaction followed a CFO succession announced by EQS News on September 24, 2026.

CFO transition starts in January

Dr Alexandra Heine will join secunet's executive board as CFO on January 1, 2027. Jessica Nospers' executive-board mandate ends by mutual agreement on September 30, 2026, while CEO Marc-Julian Siewert will handle the CFO responsibilities during the transition, according to EQS News.

The leadership change arrives after a strong first half operationally. The company reported revenue of EUR 204.7 million, up 19.2 percent year over year, while EBIT rose 20.4 percent to EUR 8.7 million in the first half of 2026, according to the August 13, 2026 earnings-call transcript published by Yahoo Finance.

Guidance points to EUR 500 million

Order intake reached EUR 287.4 million in the first half of 2026, and the order backlog stood at EUR 360.8 million. Management specified its 2026 revenue expectation at the upper end of the EUR 460 million to EUR 500 million range, according to Yahoo Finance.

That combination gives the stock a clear operating counterweight to the day's personnel-driven decline. Revenue growth is already visible in the interim figures, while the upper-end guidance points to continued execution through the second half.

Warburg sees EUR 260 target

Warburg Research maintained its Buy rating and EUR 260 price target for secunet on September 24, 2026, according to finanzen.ch. The target is EUR 34 above the Xetra price of EUR 226, leaving the analyst view tied to both the growth figures and the company's ability to manage the CFO transition.

Stock remains below its yearly high

secunet Security Networks stock stood at EUR 226 on Xetra on September 24, 2026, at 4:56 p.m. CEST, down EUR 22 from the prior close of EUR 248. Its 52-week range was EUR 125.60 to EUR 255, with the current price 11.37 percent below the high.