EDP - Energias de Portugal, PTEDP0AM0009

EDP expands storage partnership: EDP - Energias de Portugal stock sits 1.84 percent below its high

Published on 10/06/2026 at 09:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EDP signed two Spanish PPAs on October 5, 2026. EDP - Energias de Portugal stock costs EUR 4.81 versus EUR 4.81 on October 6, 2026.

Extreme macro of photovoltaic solar cell showing crystalline silicon wafer and iridescent busbar grid — EDP PTEDP0AM0009 macro photovoltaic solar cell crystalline silicon grid iridescent rainbow structure closeup, Illustration mit AI erstellt.

EDP - Energias de Portugal (ISIN PTEDP0AM0009) was trading at EUR 4.81 at Lang & Schwarz on October 6, 2026 at 9:04 a.m. CEST, unchanged from the EUR 4.81 prior close. On October 5, 2026, Energy Global reported that EDP and Zelestra signed two Spanish power purchase agreements for hybrid solar and battery projects.

Storage reaches four projects

The agreements take the companies' Spanish partnership to four hybrid projects and more than 1 GWh of contracted storage. The Pedroso project adds a 25 MW battery with approximately 100 MWh of storage to a 31 MWdc solar plant, while Valkyria combines a 90.45 MW battery with 150 MWdc of solar capacity, according to Energy Global on October 5, 2026.

The commercial significance is the combination of existing generation, grid connections and new flexibility assets. EDP is the offtaker for both plants, giving the utility a direct role in monetizing storage alongside renewable output.

Guidance points to EUR 1.4 billion

EDP's first half of 2026 recurring net profit reached EUR 753.0 million, broadly flat year over year, while reported net profit rose 3.00 percent to EUR 732.0 million. The figures were discussed in the first half results call published by Yahoo Finance on September 20, 2026.

Management lifted 2026 guidance to recurring EBITDA of EUR 5.3 billion and recurring net profit of EUR 1.4 billion, a 12.00 percent increase versus the Capital Markets Day net profit guidance range. EDP's networks business delivered recurring EBITDA of EUR 874.0 million in the first half, up 14.00 percent year over year, making regulated networks a central earnings support.

Stock stays near yearly high

At EUR 4.81, EDP stock stood 1.84 percent below the EUR 4.90 52-week high listed as of October 5, 2026. Market capitalization was EUR 19.8 billion on the same date, while the official investor calendar schedules the 9M26 results presentation for November 6, 2026, according to EDP.

Analyst expectations remain higher than the market price. Ideal Investisseur reported on October 5, 2026, that BofA Securities moved its rating from buy to under review while keeping its EUR 5.50 target; the overview also cited a EUR 5.30 median target from 13 analysts.

The further course of trading is shown by the continuously updated real-time quote of EDP - Energias de Portugal stock.