Overview
Germany web hosting firm's fiscal Q1 revenue rose 5.7% yr/yr, customer growth accelerated
Adjusted EBITDA for fiscal Q1 rose 4.8% yr/yr to €118.2 mln
Company confirmed 2026 outlook for revenue and EBITDA growth, citing AI product momentum
Outlook
IONOS confirms 2026 outlook for approx. 7% currency-adjusted revenue growth
Company expects 2026 adjusted EBITDA of approx. €530 mln
IONOS sees 2026 adjusted EBITDA margin between 37% and 38%
Result Drivers
CUSTOMER GROWTH - Co said net customer additions accelerated to 180,000 in Q1, up from 80,000 a year earlier
PRODUCT DEMAND - Co cited strong demand for established web and productivity applications, as well as new AI and cloud solutions
MARKETING EXPENSES - Higher marketing spend in Q1 led to a slight decline in adjusted EBITDA margin
LOWER FINANCING COSTS - Increase in adjusted EPS was primarily driven by reduced financing expenses
Company press release: ID:nEQ3LXnnra
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Adjusted EBITDA
EUR 118.20 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the it services & consulting peer group is "buy"
Wall Street's median 12-month price target for IONOS Group SE is €31.40, about 11.9% above its May 11 closing price of €28.06
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 13 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)