• Montega kept a Buy rating on q.beyond, cut its 12-month target price to EUR 5.5 from EUR 6.
• The report flagged lowered 2026 guidance on transformation one-offs, now seen at EUR 5-6 million, alongside a tougher demand backdrop.
• Revenue outlook reduced to EUR 176-180 million; EBITDA forecast cut to EUR 3-7 million, implying negative EBIT and free cash flow.
• Montega highlighted a planned roughly 10% Germany headcount reduction tied to AI-driven efficiency, targeting about EUR 7 million savings in 2027.
• The note pointed to a strategic push into SAP healthcare via a 51% stake in GITG, citing migration demand ahead of SAP ECC support ending in 2030.

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_26464) on August 10, 2026, and is solely responsible for the information contained therein.