EDP - Energias de Portugal, PTEDP0AM0009

EDP stock gains on Jefferies buy call and 4.74 euros

Published on 09/01/2026 at 16:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EDP stock rises after Jefferies lifted its view to buy and set a 5.40 euros target. Lisbon trading put the shares at 4.74 euros on September 1, 2026.

Isometric 3D cubes depicting hydro turbine, power grid, offshore wind turbine, and gas pipeline — EDP PTEDP0AM0009 isometric cubes hydro turbine electricity grid offshore wind gas pipeline energy, Illustration mit AI erstellt.

EDP stock (PTEDP0AM0009) traded at 4.74 euros on September 1, 2026, after Jefferies raised its recommendation to buy and set a 5.40 euros target, according to Jornal Economico. The same session left EDP up 1.48 percent and the PSI at 9,487.52 points at 11:52 on September 1, 2026.

Jefferies sees upside

Jefferies said EDP is well positioned for stronger gains, citing higher electricity prices and a better growth outlook. That call matters because the new target of 5.40 euros sits 0.66 euros above the 4.74 euros market price cited in the same report.

For investors, the comparison is concrete: the target implies about 13.9 percent upside from the quoted market level. The rating shift also came on the same day that EDP was one of the biggest gainers in Lisbon, with a 1.48 percent rise.

Lisbon trading stays firm

Market data from Euronext showed the PSI at 9,491.43 points, with a 52-week range of 7,639.00 to 9,550.72 points, and EDP listed in the index composition at a last price of 4.701 euros. That puts the stock close to the session level reported by Jornal Economico and keeps it inside the upper half of the PSI range.

The domestic backdrop also helps frame the move. The PSI itself was up 0.53 percent at 9,487.52 points in the midday Lisbon market snapshot, while EDP remained among the leading gainers on the board.

Go deeper

EDP renewable power as the core business

The group's renewables base is the key earnings driver behind the stock story, with recent coverage tying valuation to electricity prices and sector exposure.

EDP theme page Investor Relations

Renewables set the tone

EDP's latest public frame in this search set still points to a renewable-heavy utility whose equity is increasingly read through power prices, index flows and analyst views. That makes the 4.74 euros session level and the 5.40 euros target the two numbers investors will compare first.

The current picture is also supported by the PSI context, where EDP stayed near the top of the day's gainers and the benchmark itself traded within 0.67 percent of its 52-week high of 9,550.72 points.

EDP stock at a glance

EDP's listed shares remain tied to Lisbon pricing, and the latest market snapshot placed the stock at 4.74 euros on September 1, 2026. The same session report showed a 1.48 percent rise, while the analyst target of 5.40 euros defined the short-term comparison.