NuWays Maintains Buy on q.beyond With EUR 4.90 Price Target

• NuWays maintained its Buy rating on q.beyond with an unchanged EUR 4.9 price target in its November 10, 2026, research update.
• Third-quarter sales fell 1.1% year over year to EUR 43.2 million, as consulting growth failed to offset managed services weakness.
• Reported EBITDA was negative EUR 7.1 million; NuWays estimated adjusted EBITDA at EUR 2.4 million, excluding special items.
• Managed services revenue declined 8.8% to EUR 25.8 million, with pricing pressure persisting in new business and renewals.
• The analysts saw no immediate catalyst but highlighted evidence that cost reductions were taking effect.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. q.beyond AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_27400) on November 10, 2026, and is solely responsible for the information contained therein.