1&1 AG Stock: Shares Plunge Amid Declining Q3 Performance ()

1&1 AG experienced a significant decline on the Frankfurt Stock Exchange, with shares dropping to €11.86, marking a substantial retreat from its 52-week peak of €19.78 recorded in January 2024. This represents a dramatic decline of over 40% from its yearly high, accompanied by notably high trading volumes approaching 50,000 shares. The telecommunications company's market valuation currently stands at €2.1 billion, maintaining its position as a significant player in Germany's telecommunications sector despite recent market challenges.

Financial Performance Indicators

The company's third-quarter results paint a concerning picture, with revenue declining 3.60% to €1.00 billion compared to the previous year. Earnings per share also deteriorated from €0.41 to €0.34. Looking ahead, analysts project earnings of €1.63 per share for the full year 2024, with a median price target of €19.11. The company has announced a dividend of €0.05 per share for the current fiscal year, reflecting the challenging market conditions.

Ad

Fresh 1&1 AG information released. What's the impact for investors? Our latest independent report examines recent figures and market trends.