Berenberg keeps Buy rating on EDP Renovaveis stock

Published on 10/02/2026 at 13:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Berenberg kept its Buy rating on September 11, 2026. EDP Renovaveis stock costs EUR 12.76 on October 2, 2026 versus EUR 12.64.

Comicartige Illustration von Windturbinen und Solarpanels unter strahlender Sonne — Farbenfrohe Pop-Art-Comic-Szene mit Windpark und Solarfeld, stilisiert für EDP Renováveis S.A., ISIN ES0127797019, Windenergie, Illustration mit AI erstellt.

Berenberg kept its Buy rating on EDP Renovaveis on September 11, 2026, while the stock was trading at EUR 12.76 at Lang & Schwarz on October 2, 2026. The quote was plus 0.95 percent versus the prior close of EUR 12.64, keeping the daily move below the threshold for a directional signal.

Berenberg stays positive on growth

As MarketScreener reported on September 11, 2026, Berenberg maintained a Buy rating as it cited optimism about longer-term growth prospects. The same report lists EDP Renewables as an Euronext Lisbon company with 20.5 gigawatts deployed across multiple renewable technologies.

The rating sits alongside a more cautious valuation signal. MarketScreener lists 23 analysts, an average target of EUR 14.90 and a mean consensus of Outperform, giving investors a clear comparison with the EUR 12.76 Lang & Schwarz reference price.

Second-quarter figures set the baseline

Yahoo Finance reports revenue of EUR 641.17 million and earnings of EUR 113.67 million for the second quarter of fiscal 2026. The page also shows a 17.73 percent profit margin for that period, providing a quantified operating comparison for the current share valuation.

The investor-relations site identifies the first-half 2026 results presentation and records the webcast date as July 29, 2026. That reporting milestone places the second-quarter figures in the latest interim reporting cycle and gives the rating its fundamental reference point.

Stock remains below its yearly high

Yahoo Finance lists a 52-week range of EUR 11.19 to EUR 14.71 and a market capitalization of EUR 13.8 billion as of September 25, 2026. At EUR 12.76, the Lang & Schwarz quote stood EUR 1.95 below the reported high, while the Euronext Lisbon listing remained the primary market for the company.

For investors, the key contrast is visible in the numbers: the average analyst target is EUR 14.90, while the latest interim figures show EUR 641.17 million of quarterly revenue and EUR 113.67 million of earnings. The share price therefore sits between a positive analyst view and a valuation that still depends on continued renewable capacity growth.

EUR 12.76 is the live reference

EDP Renovaveis was trading at EUR 12.76 at Lang & Schwarz on October 2, 2026 at 1:08 p.m. CEST, plus 0.95 percent versus the Lang & Schwarz prior close of EUR 12.64 on October 1, 2026. The primary listing is Euronext Lisbon in EUR under ticker EDPR. The further course of trading is shown by the continuously updated real-time quote of EDP Renovaveis stock.