Baader keeps EUR 33.20 target for EVN stock

Published on 10/16/2026 at 10:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EVN stock costs EUR 29.30 on October 16, 2026, after a EUR 29.55 Xetra close. Baader's EUR 33.20 target implies 13.31 percent upside for the shares.

Analyst view meets expansion plan

Baader Bank reaffirmed its Add rating and EUR 33.20 target on October 2, 2026.
EVN plans EUR 1.00 billion in annual investment and 300 MW of battery capacity by 2030.
EVN stock trades at EUR 29.30 at 10:18 a.m. CEST at Lang & Schwarz on October 16, 2026, 0.85 percent below the Xetra close of October 15, 2026.

EVN, AT0000741053, Illustration mit AI erstellt.

EVN stock was trading at EUR 29.30 at Lang & Schwarz on October 16, 2026, 0.85 percent below the Xetra close of October 15, 2026 at EUR 29.55. On October 2, 2026, Boerse Social reported that Baader Bank reaffirmed its Add rating and EUR 33.20 price target for EVN.

Target holds after strategy update

The target stands 13.31 percent above the Lang & Schwarz price. Baader's assessment followed EVN's Capital Markets Day, where the company presented a long-term investment plan rather than a new transaction.

The operating plan centers on EUR 1.00 billion of annual investment through 2030. EVN said the money would support grid infrastructure, renewable generation, storage solutions and electric vehicle charging, according to the EQS News release dated October 1, 2026.

Three milestones frame the plan

On December 18, 2025, EVN reported a EUR 0.90 dividend per share for fiscal year 2024/25. On August 27, 2026, operating profit for the first nine months of fiscal year 2025/26 reached EUR 748.50 million, up 4.90 percent year over year. On October 1, 2026, EVN set its EUR 1.00 billion annual investment plan and a 300 MW battery-storage target, according to the EQS News announcement.

What does the plan mean for earnings?

EVN's current fiscal-year net income outlook is EUR 470.00 million to EUR 490.00 million, compared with an earlier range of EUR 430.00 million to EUR 480.00 million. The first nine months also brought EUR 525.10 million in net income, although wallstreetONLINE noted that one-off effects contributed to the result.

Next dates are already scheduled

EVN's next two substantiated dates are its annual results on December 17, 2026, followed by the record date for its 97th annual general meeting on February 15, 2027, according to the company's investor-relations calendar carried by EQS News.

Stock stays below its yearly high

EVN's market capitalization is EUR 5.2 billion, while its 52-week range is EUR 24.40 to EUR 30.45 as of October 16, 2026. The current price is therefore EUR 1.15 below the reported yearly high, leaving the strategic investment plan and the earnings outlook as the main figures behind the Baader target.

EVN was trading at EUR 29.30 at Lang & Schwarz on October 16, 2026 at 10:18 a.m. CEST, 0.85 percent below the Xetra close of October 15, 2026 at EUR 29.55. The further course of trading is shown by the continuously updated real-time quote of EVN stock.