Cancom, DE0005419105

Cancom stock slips out of TecDAX as DZ Bank stays positive

Published on 09/21/2026 at 17:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cancom stock trades around EUR 22.00 as of September 21, 2026 while DZ Bank reiterates a Buy stance on the German IT services group. The index review sees OHB replacing Cancom in the TecDAX, adding a new dimension for investors.

Schwarzweiß-Fotografie eines IT-Technikers bei Serverinstallation im Rechenzentrum — Cancom SE zeigt mit ISIN DE0005419105 dokumentarische Einblicke in IT-Dienstleistungen und Managed-Services-Technik, Illustration mit AI erstellt.

Cancom SE stock (ISIN DE0005419105) is trading near EUR 22.00 in late September 2026 while remaining covered by supportive analyst views even as the German IT services group exits the TecDAX index on September 21, 2026.

Index change pushes Cancom stock out of TecDAX

According to finanzen.net, the quarterly index review implemented on September 21, 2026 removes Cancom from the TecDAX, with OHB SE taking its place.

The same overview lists Cancom shares at EUR 21.65 with a daily decline of 0.69 percent, indicating modest pressure around the time the index changes take effect.

DZ Bank keeps a Buy view on Cancom stock

As Zonebourse reports in a note published on September 21, 2026, DZ Bank is positive on Cancom and recommends the stock as a Buy.

The same analyst consensus snapshot on Zonebourse shows a last closing price of EUR 22.00 and an average price target of EUR 27.21 for Cancom, implying an upside of 23.70 percent from that EUR 22.00 reference level.

This gap between the current share price around EUR 22.00 and the EUR 27.21 average target underlines that, despite the TecDAX exit, analysts still expect meaningful appreciation potential for the stock.

Recent trading levels and index context

In the run-up to the index reshuffle, Cancom stock closed on Xetra on September 18, 2026 with only a small percent move versus the prior day, remaining clearly between its day low and day high and solidly within its 52-week trading corridor, as price data cited in a market overview on September 21, 2026 show.

The same Xetra data for September 18, 2026 indicate that trading volume in Cancom shares was broadly in line with recent averages and that the stock moved largely in step with the TecDAX technology benchmark on that date, suggesting no abrupt reaction ahead of the index change.

Upcoming quarterly figures as a catalyst

In its agenda section, Zonebourse lists November 12, 2026 as the publication date for Cancom's third quarter 2026 results.

For investors, this upcoming Q3 2026 report date provides a concrete near-term checkpoint at which revenue growth, margins and cash flow developments can be reassessed in light of the index removal and the supportive stance from DZ Bank.

Cancom stock price snapshot

Based on recent trade data referenced on September 21, 2026, Cancom stock last closed around EUR 22.00 on its primary Xetra listing, with intraday pricing earlier that day showing the shares near EUR 21.65, marking a small daily loss of 0.69 percent in that snapshot.