EDP Renovaveis stock gained 1.59 percent on October 2, 2026

Published on 10/04/2026 at 18:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EDP Renovaveis stock ended October 2 at EUR 12.77 after a 1.59 percent gain. First-half recurring profit rose 33 percent to EUR 183 million, with 2026 EBITDA guidance at EUR 2.2 billion to EUR 2.3 billion.

Windpark auf iberischen Hügeln, Bezug EDP Renováveis S.A., ISIN ES0127797019, Abendlicht — EDP Renováveis S.A. (ES0127797019) betreibt Onshore-Windparks mit vielen Turbinen auf hügeliger Landschaft im Abendlicht, Illustration mit AI erstellt.

EDP Renovaveis stock (ISIN ES0127797019) ended October 2, 2026, at EUR 12.77 on Euronext Lisbon after gaining 1.59 percent from the prior close of EUR 12.57. The move came as investors continued to assess the renewable-energy group's first-half performance and upgraded 2026 earnings guidance.

Guidance rises with recurring profit

According to TS2 on September 7, 2026, first-half recurring EBITDA rose 8 percent to EUR 1.033 billion. Recurring net profit increased 33 percent to EUR 183 million, while underlying profit excluding asset-rotation gains stood at EUR 117 million.

The same results context put 2026 recurring EBITDA guidance at EUR 2.2 billion to EUR 2.3 billion. That comparison matters because the headline profit growth was stronger than the underlying result, leaving asset rotation, financing costs and currency effects central to the earnings quality discussion.

Analyst target stays above price

MarketScreener reported on September 11, 2026, that Berenberg kept a Buy rating on EDP Renovaveis. The published consensus was Outperform from 23 analysts, with an average target price of EUR 14.90 and an indicated spread of 21.61 percent above the last close cited on that page.

The October 2 price of EUR 12.77 was EUR 2.13 below that average target. The gap leaves execution as the key test: stronger recurring earnings support the operating case, while asset-rotation gains and debt reduction determine how much of that improvement reaches the balance sheet.

Next results arrive in November

Investing.com lists November 5, 2026, as the next results date. For investors, the release should provide the next quantified check on recurring earnings, guidance delivery and the balance-sheet effects of portfolio transactions.

EDP Renovaveis stock stays below yearly high

EDP Renovaveis stock closed at EUR 12.77 on October 2, 2026, on Euronext Lisbon. Its 52-week range was EUR 11.10 to EUR 14.67, while market capitalization stood at EUR 13.5 billion as of the same quote date.