flatexDEGIRO lifts 2026 targets to 2027 level, shares slide after guidance surprise

By Christina Vogel, Background & Management desk. Reviewed prior to publication on 2026-06-26, 11:43.

flatexDEGIRO (DE000FTG1111) sharply upgrades its financial guidance for 2026, bringing revenue and profit targets forward by one year while its shares trade lower on Xetra after the announcement. The online broker now plans to reach the financial goals originally set for 2027 already in 2026, as confirmed in an EQS ad hoc disclosure and related commentary from market observers.

What the guidance change says

According to an EQS ad hoc statement distributed this morning and mirrored on Tradegate, flatexDEGIRO raises its full-year 2026 outlook to match the group’s former 2027 ambitions. The company now targets consolidated revenue of around 650 million euros and consolidated net income of roughly 200 million euros for 2026, bringing forward the original multi-year plan by one year, as summarized by market coverage.

Market commentary on Investing.com notes that the new revenue target implies growth of about 16 percent versus 2025, while the net income goal marks a clear step-up in profitability. The guidance update comes on the back of a strong start to the year, with the broker having reported a record first quarter in which revenues rose about 19 percent year-on-year and net income exceeded 50 million euros for the first time in a single quarter, strengthening the case for the raised mid-term ambitions.

Why the shares trade lower today

Despite the clearly higher guidance, flatexDEGIRO shares trade markedly lower today, with Investing.com citing a roughly 6 percent intraday decline after the news. The stock had more than doubled from a 52-week low near 23 euros before the update, which left the Xetra-listed name vulnerable to profit-taking once the improved outlook, long anticipated by parts of the market, became official.

Market commentators describe the session reaction as a "buy the rumor, sell the fact" move in a softer overall environment for European financials. The intraday low around 34.54 euros mentioned in the same report suggests that the market is recalibrating expectations after a strong multi-month rally, even though the fundamental trajectory signaled by the new guidance remains positive.

How flatexDEGIRO earns its money

flatexDEGIRO operates a pan-European online brokerage platform focused on retail investors, generating revenue from securities trading, margin lending, and ancillary services across markets such as Xetra, Tradegate and international venues. The group runs the flatex brand in Germany and Austria and the DEGIRO platform in multiple European countries, combining order commissions, interest income from client cash and financing, and other fee-based services into its top line.

Where the shares trade today

The flatexDEGIRO shares (DE000FTG1111) most actively trade on Xetra, where they recently changed hands around 35 euros in Friday dealings, following the guidance update and the subsequent profit-taking move reported by market commentary.

This article is for informational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any securities. Numerical data and assessments are based on sources cited in the text and may change over time.