EDP - Energias de Portugal, PTEDP0AM0009

EDP stock gets third 2026 profit outlook upgrade

Published on 11/09/2026 at 17:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EDP stock enters the week after stronger nine-month earnings and a third increase to its 2026 profit outlook. Renewables and Iberian networks led the improvement.

Earnings growth broadens the investor case

EDP lifted its 2026 recurring net profit guidance to 1.4 billion to 1.5 billion euros.
Recurring EBITDA guidance increased to 5.4 billion euros from 5.3 billion euros.
Renewables and Iberian networks supported the nine-month improvement.

EDP - Energias de Portugal, PTEDP0AM0009, Illustration mit AI erstellt.

EDP raised its 2026 recurring net profit guidance for the third time this year on Friday, November 6, after recurring net income increased 22 percent in the first nine months. Reuters reported that the Portuguese utility now expects recurring net profit of 1.4 billion to 1.5 billion euros for 2026.

Guidance moves higher again

EDP had previously targeted recurring net profit of 1.4 billion euros. The company also lifted its recurring EBITDA outlook to 5.4 billion euros from 5.3 billion euros, citing stronger execution across all business segments.

Recurring net income reached 1.19 billion euros through September. Recurring EBITDA rose 11 percent to 4.2 billion euros, giving investors a broader earnings measure alongside the profit increase.

Renewables and networks lead

Reuters said stronger earnings at EDP Renewables and higher regulatory returns at the Iberian networks business supported the result. EDP Renewables generated recurring net profit of 439 million euros in the first nine months, more than double the year-earlier level, helped by US growth and higher capital gains.

Trading context for investors

EDP stock traded at 5.08 euros on Lang & Schwarz at 17:17 CET on Monday, November 9, 2026. Compared with the 4.99-euro quote in the previous report from 09:06 CET the same day, the move was 1.80 percent.