EVN stock: Baader confirms EUR 33.20 target for EVN stock

Published on 10/21/2026 at 16:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EVN targets EUR 470 million to EUR 490 million for fiscal year 2025/26. EVN stock costs EUR 29.25 on October 21, 2026, 3.94 percent below its high.

Analyst target and earnings outlook

Baader confirmed a EUR 33.20 target and an Add rating on October 2, 2026.
EVN expects a fiscal-year 2025/26 group result of EUR 470 million to EUR 490 million.
EVN stock costs EUR 29.25 at Lang & Schwarz on October 21, 2026 at 4:31 p.m. CEST, 3.94 percent below its 52-week high.
EVN reported EUR 748.50 million in EBITDA for the first nine months of fiscal year 2025/26.

EVN, AT0000741053, Illustration mit AI erstellt.

Baader confirmed an Add rating and a EUR 33.20 price target for EVN on October 2, 2026, leaving the target 13.50 percent above the EUR 29.25 Lang & Schwarz price. The analyst view gives investors a valuation marker while EVN moves toward the end of fiscal year 2025/26.

EVN was trading at EUR 29.25 at Lang & Schwarz on October 21, 2026 at 4:31 p.m. CEST. The price stood 3.94 percent below the EUR 30.45 52-week high and 19.14 percent above the EUR 24.55 low, based on the same October 21, 2026 market snapshot.

EUR 33.20 target sets the tone

The Baader assessment followed EVN's Capital Markets Day. Boerse Social reported that the bank confirmed the Add recommendation and the EUR 33.20 target on October 2, 2026. The source did not state an earlier target, so the change cannot be quantified.

EVN's latest operating picture provides the fundamental counterweight. In the first nine months of fiscal year 2025/26, EBITDA rose 4.90 percent to EUR 748.50 million and net income increased 20.80 percent to EUR 525.10 million. Finanztrends reported those figures and the updated fiscal-year outlook on October 4, 2026.

EVN stock sits below its high

The valuation remains lower than the peer readings in the same market snapshot. EVN had a price-to-earnings ratio of 9.89 and a market capitalization of EUR 5.2 billion as of October 21, 2026. Verbund had a ratio of 18.96 and a market capitalization of EUR 23.1 billion, while RWE had a ratio of 13.56 and a market capitalization of EUR 45.3 billion.

What does the outlook imply?

The forecast range of EUR 470 million to EUR 490 million for fiscal year 2025/26 compares with the earlier range of EUR 430 million to EUR 480 million. Finanznachrichten reported that EVN expects the higher range after its nine-month performance. The result includes positive one-off effects, which makes the quality of the increase important for the next report.

For investors, the key tension is visible in the figures: the EUR 33.20 target is above the market price, while the 9.89 price-to-earnings ratio is below the peer values. Simply Wall St also listed third-quarter 2026 earnings per share of EUR 1.19, compared with EUR 1.16 in the prior-year quarter.

Price remains below the yearly high

EVN stock was trading at EUR 29.25 at Lang & Schwarz on October 21, 2026 at 4:31 p.m. CEST. The price was 3.94 percent below the 52-week high of EUR 30.45 and 19.14 percent above the 52-week low of EUR 24.55.

The further course of trading is shown by the continuously updated real-time quote of EVN stock.