EDP Renovaveis stock trades at EUR 12.90 as guidance rises

Published on 09/28/2026 at 10:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EDP Renovaveis stock carries a EUR 14.90 average target from 23 analysts, while Berenberg kept Buy on September 11, 2026. First-half recurring EBITDA reached EUR 1.033 billion, up 8 percent.

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EDP Renovaveis (ISIN ES0127797019) was trading at EUR 12.90 on Euronext Lisbon at 9:24 a.m. WEST on September 28, 2026, down 0.69 percent from EUR 12.99. The share price stood 12.07 percent below its 52-week high of EUR 14.67, making execution on the company guidance the central valuation test.

Stock stays below yearly high

The current quote puts EDP Renovaveis at EUR 13.7 billion in market capitalization, with 82,596 shares traded by the quoted time. Its 52-week range extends from EUR 11.10 to EUR 14.67, leaving the stock 16.22 percent above its yearly low.

EDP Renovaveis is listed as EDPR on Euronext Lisbon, where the September 28 reference price was quoted in EUR. The company develops, builds and operates renewable power assets across Europe, North America, South America and Asia Pacific.

Guidance reaches EUR 2.2 billion

According to TS2 Tech on September 7, 2026, first-half recurring EBITDA rose 8 percent year over year to EUR 1.033 billion, while recurring net profit increased 33 percent to EUR 183 million.

The same results context states that EDPR raised 2026 recurring EBITDA guidance to EUR 2.2 billion-2.3 billion. Asset-rotation gains are expected to contribute EUR 300 million, so the quality of earnings remains tied to both operating growth and portfolio transactions.

Debt tests asset rotation

EDPR ended June with EUR 8.7 billion of net debt, compared with EUR 8.1 billion in December, according to TS2 Tech. Management expects year-end net debt below EUR 8 billion, making the timing of asset sales and cash proceeds important for the balance sheet.

The investor-relations page identifies the first-half 2026 results webcast as a July 29, 2026 event, confirming the reporting period behind the current guidance discussion, according to EDPR.

Analysts see EUR 14.90

Stock Analysis lists a Buy average rating from 23 analysts and a 12-month average target of EUR 14.90. Against the EUR 12.90 reference price on September 28, that target lies 15.50 percent above the stock.

MarketScreener reported on September 11, 2026, that Berenberg kept its Buy rating on EDP Renovaveis. The analyst view supports the longer-term growth case, while the higher debt balance leaves delivery and cash conversion as the immediate checkpoints.

EDP Renovaveis stock snapshot

EDP Renovaveis was last quoted at EUR 12.90 on Euronext Lisbon at 9:24 a.m. WEST on September 28, 2026, with a daily change of minus 0.69 percent. The next reported earnings date listed for the company is October 30, 2026.