• NuWays kept a BUY on q.beyond, cutting its 12-month target price to EUR 5.1 from EUR 5.9 on weaker trading.
• Report flagged a weak Q2, with sales down 3% to EUR 43 million; managed services revenue fell 7.7% to EUR 27 million.
• Consulting revenue rose 5.8% to EUR 16 million, supported by S/4HANA migration work and AI implementation demand.
• FY26 guidance was cut to sales of EUR 176-180 million; EBITDA seen at EUR 3-7 million, implying negative net income.
• NuWays highlighted a planned share buyback from late August, citing EUR 37 million net cash versus an EUR 82 million market value.

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_26466) on August 11, 2026, and is solely responsible for the information contained therein.