1&1 stock trades at EUR 24.00 after EBITDA forecast cut

Published on 09/29/2026 at 07:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

1&1 stock faces a 2026 EBITDA forecast of EUR 740 million after EUR 60 million in restructuring costs on September 10, 2026. Q2 revenue rose 13.75 percent.

Fotorealistischer 5G-Mast in deutscher Landschaft, Weitwinkelaufnahme — Fotorealistischer 5G-Mobilfunkmast von 1&1 AG in hügeliger Landschaft steht für ISIN DE0005545503, Illustration mit AI erstellt.

1&1 stock (ISIN DE0005545503) was quoted at EUR 24.00 on Xetra on September 28, 2026, after a 0.62 percent daily decline. The key business catalyst is a EUR 60 million restructuring charge that cut the company's 2026 EBITDA forecast to EUR 740 million.

Restructuring lowers 2026 EBITDA

According to FT on September 10, 2026, 1&1 approved a transformation program at its business customer subsidiary 1&1 Versatel. The program is expected to reduce the subsidiary workforce from 1,350 to 1,000 full-time employees and carries EUR 60 million of one-time expenses in fiscal year 2026.

The reported EBITDA forecast therefore falls from EUR 800 million to EUR 740 million. The adjusted EBITDA target remains EUR 800 million, separating the restructuring burden from the operating objective and giving investors two distinct benchmarks for fiscal year 2026.

Q2 revenue rises 13.75 percent

The latest reported quarter also brings a mixed comparison. finanzen.net reported that Q2 2026 revenue reached EUR 1.12 billion, up 13.75 percent from EUR 987.92 million in Q2 2025. EPS was EUR 0.07, compared with EUR 0.15 in the prior-year quarter.

That combination matters for the stock: top-line growth is visible, while earnings per share weakened year over year. The next scheduled quarterly figures are listed for November 12, 2026, on the company investor-relations calendar.

Goldman keeps Buy rating

finanzen.net reported on September 23, 2026, that Goldman Sachs retained its Buy rating but lowered the price target from EUR 26.20 to EUR 25.60. The bank cited continued progress toward annual and medium-term goals, while identifying low-band spectrum and the dispute with tower partner Vantage as uncertainties.

At EUR 24.00, the new target stands EUR 1.60 above the Xetra reference price, equivalent to 6.67 percent. The market capitalization was EUR 4.2 billion, while the 52-week range stood at EUR 18.62 to EUR 27.30 as of September 28, 2026.

Stock remains below yearly high

1&1 stock was last quoted at EUR 24.00 on Xetra on September 28, 2026, with 24,795 shares traded. The price was EUR 3.30 below the 52-week high, leaving the restructuring charge, Q2 earnings quality and the November reporting date as the next measurable reference points.