Q.beyond AG Maintains Strong Outlook with Strategic Initiatives

Q.beyond AG has been recommended as a 'BUY' by NuWays AG, with a target price of EUR 1.30, as of October 1, 2025. The reaffirmed recommendation follows key insights from the company's recent conference in Paris. Despite previous speculations, the disposal of Q.beyond's Hamburg data center is currently not on the table. The company plans to utilize the center's full capacity by the end of 2026, aiming to boost its market value to € 60m. This strategic retention aligns with growing demand from German SMEs for domestic computing solutions.

Q.beyond AG's capital allocation strategy highlights its strong net cash position of € 40m. Its priorities include entering new verticals through M&A, focusing on energy and healthcare sectors, and launching a share buy-back program from FY26. While dividends are less prioritized, the ongoing buy-back plan might serve as an acquisition currency.

The company's margin enhancement initiatives involve AI integration and expanding security services, supporting its optimistic mid-term outlook.