Metzler set a Sell target for IONOS stock at EUR 28.50

Published on 10/09/2026 at 13:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

IONOS confirmed EUR 530 million adjusted EBITDA for fiscal 2026. IONOS stock costs EUR 32.81 on October 9, 2026 versus EUR 32.67, plus 0.43 percent.

Key points in brief

Metzler assigned IONOS a Sell rating and set a EUR 28.50 target on September 30, 2026.
IONOS confirmed EUR 530 million adjusted EBITDA guidance for fiscal 2026 after its transformation announcement.
IONOS stock was at EUR 32.81 at Lang & Schwarz on October 9, 2026, plus 0.43 percent versus EUR 32.67.
The company reported EUR 1,317.0 million revenue and EUR 485.0 million adjusted EBITDA for fiscal 2025.

Ionos, DE000A3E00M1, Illustration mit AI erstellt.

IONOS stock (ISIN DE000A3E00M1) was trading at EUR 32.81 at Lang & Schwarz on October 9, 2026 at 1:10 p.m. CEST, while FinanzNachrichten reported that Metzler had set a Sell rating and a EUR 28.50 target on September 30, 2026. The target is EUR 4.31 below the Lang & Schwarz price, a gap of 15.26 percent versus the reference price.

Metzler challenges the cloud story

FinanzNachrichten said analyst Veysel Taze viewed IONOS primarily as a traditional web hoster despite its cloud and artificial intelligence plans. That assessment matters because the target implies the market should assign less value to the technology narrative.

The counterweight is operating scale. Webhosting.Today reported that revenue reached EUR 701.10 million in the first half of 2026, up 6.90 percent year over year, while adjusted EBITDA rose 3.50 percent to EUR 245.20 million. Revenue growth therefore exceeded adjusted EBITDA growth by 3.40 percentage points.

Three milestones shape the case

On August 6, 2026, IONOS reported first-half revenue of EUR 701.10 million, according to Webhosting.Today.

On September 10, 2026, IONOS confirmed a EUR 530.00 million adjusted EBITDA outlook for fiscal 2026 in its transformation announcement, as FinanzNachrichten reported. On September 30, 2026, Metzler set the EUR 28.50 Sell target described above.

What does the restructuring target?

The September 10 program is intended to simplify platforms and processes while redirecting investment toward artificial intelligence products and cloud services. IONOS said the EUR 530.00 million adjusted EBITDA outlook for fiscal 2026 remained unchanged, making execution and margin delivery the key test for the strategy.

Next date is November 11

The next dated event is third-quarter results on November 11, 2026, listed by MarketScreener. For historical context, IONOS reported EUR 1,317.0 million revenue and EUR 485.0 million adjusted EBITDA for fiscal 2025 on its IONOS investor-relations page.

IONOS stock stays below its high

At EUR 32.81, IONOS stock was 8.04 percent below its 52-week high of EUR 35.68 on October 9, 2026. The Lang & Schwarz quote was up 0.43 percent versus the prior close of EUR 32.67. The further course of trading is shown by the continuously updated real-time quote of IONOS stock.