Enel rules out Endesa stake sale as Endesa stock stays unchanged

Published on 10/21/2026 at 09:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies lifted its target to EUR 37.00 from EUR 35.00 on October 19, 2026. Endesa stock costs EUR 42.26 on October 21, 2026 versus its Xetra close.

Ownership and earnings calendar

Enel ruled out reducing its more than 70 percent Endesa stake on October 20, 2026.
Jefferies set a EUR 37.00 target from EUR 35.00 on October 19, 2026.
Endesa stock traded at EUR 42.26 at 9:45 a.m. CEST at Lang & Schwarz on October 21, 2026, unchanged versus the Xetra close of October 20, 2026.
Endesa is scheduled to publish third-quarter results on October 28, 2026.

Börsen-Editorial: Händler an Terminals mit IBEX-35-Charts auf Großbildschirmen — Endesa S.A. ES0130670112 dokumentiert Börsen-Editorial mit Händlern und IBEX-35-Charts auf Großbildschirmen in Madrid, Illustration mit AI erstellt.

Endesa stock (ISIN ES0130670112) traded at EUR 42.26 at Lang & Schwarz at 9:45 a.m. CEST on October 21, 2026, unchanged versus the Xetra close of October 20, 2026 at EUR 42.26. The latest company-related signal came from Enel, which ruled out reducing its more than 70 percent stake in Endesa on October 20, 2026, according to Investing.com.

Analyst target stays below price

Yahoo Finance reported on October 19, 2026 that Jefferies raised its target to EUR 37.00 from EUR 35.00 and kept a Hold recommendation. The target remains EUR 5.26 below the Lang & Schwarz price, a 12.45 percent gap calculated against EUR 42.26.

Jefferies estimated third-quarter earnings before interest, taxes, depreciation and amortization at EUR 1.30 billion, down 16 percent from a year earlier, citing a EUR 200.00 million restructuring provision. It also projected adjusted net income of EUR 580.00 million, down 11 percent year over year, while networks earnings were expected to rise 10 percent to EUR 500.00 million, according to the same dated report.

Three dated signals shape the setup

On September 22, 2026, Endesa presented a EUR 36.30 million wind repowering project in Galicia that is designed to lift annual generation from 47.00 to 83.90 gigawatt-hours, a 78.50 percent increase, as reported by Merca2.

On October 6, 2026, Endesa's distribution unit outlined a 2026-2027 network program covering 165 distribution centers and more than EUR 4.00 million for digitalization, according to Andalucia Informacion. On October 20, 2026, Enel's statement became the most recent of the three signals.

When do results arrive?

Endesa is scheduled to publish third-quarter results on October 28, 2026. The first-half picture included net income of EUR 1.47 billion, up 41 percent year over year, and ordinary net income guidance above EUR 2.40 billion, according to El Periodico de la Energia.

What does the target imply?

The EUR 37.00 target sits below the current euro quotation, while the upcoming report will test whether regulated operations can offset the restructuring charge described by Jefferies.

Stock holds the Xetra level

Endesa stock was trading at EUR 42.26 at Lang & Schwarz on October 21, 2026 at 9:45 a.m. CEST, unchanged versus the Xetra close of October 20, 2026 at EUR 42.26. The further course of trading is shown by the continuously updated real-time quote of Endesa stock.