EVN stock targets EUR 1.2 billion EBITDA by 2030
Published on 10/07/2026 at 14:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
EVN stock was trading at EUR 28.800 on the Vienna Stock Exchange on October 7, 2026, as the Austrian utility builds its long-term case around a EUR 1.2 billion EBITDA target for 2030. The strategy presented at the Capital Markets Day on October 1, 2026, calls for EUR 1 billion of annual investment through 2030.
EBITDA target sets the direction
According to EQS News on October 1, 2026, EVN plans EUR 1 billion in yearly investment in networks, renewable generation, storage, electric vehicle charging and digital control systems. The company also plans 300 MW of large-scale battery storage capacity by 2030.
The financial ambition is material because EVN reported EBITDA of EUR 748.5 million for the first nine months of fiscal 2025/26, up 4.9 percent from the comparable period. Handelsblatt reported on October 1, 2026, that EVN also recorded a consolidated result of EUR 525.1 million in the first nine months and is targeting EUR 470 million to EUR 490 million for fiscal 2025/26.
Networks support the earnings mix
The nine-month comparison favors the network business, while wind and hydropower generation was weaker because of weather conditions. That mix gives the investment program a defensive core, but the earnings target still depends on execution across regulated networks, renewables and storage.
Dividend policy is the main counterweight in the current debate. boerse-social.com reported on October 2, 2026, that Baader Bank retained an Add rating and a EUR 33.2 price target after the Capital Markets Day. The report also cited a planned payout ratio of 40 percent, below the 60 percent median for peers.
EVN stock stays below yearly high
Investing.com lists four analysts on October 7, 2026, with three Buy ratings, one Hold rating and no Sell ratings. Its average 12-month price target is EUR 33.250, with a high of EUR 36.5 and a low of EUR 29.5, putting the average target 15.45 percent above the EUR 28.800 price.
EVN stock was trading at EUR 28.800 on the Vienna Stock Exchange on October 7, 2026. The 52-week range was EUR 23.350 to EUR 30.450, while market capitalization stood at EUR 5.1 billion.
EVN stock facts
- Company: EVN AG
- ISIN: AT0000741053
- WKN: 074105
- Ticker: EVNV
- Trading venue: Vienna Stock Exchange
- Price (as of October 7, 2026): EUR 28.800
- Market capitalization: EUR 5.1 billion (as of October 7, 2026)
- 52-week range: EUR 23.350-30.450 (as of October 7, 2026)
- Sector / Industry: Utilities / Electrical Utilities and IPPs
- Index membership: ATX
Upcoming dates for EVN stock
- December 17, 2026: Annual results for fiscal 2025/26
- February 15, 2027: Record date for the 97th Annual General Meeting
- February 25, 2027: First-quarter results for fiscal 2026/27 and 97th Annual General Meeting
- March 2, 2027: Ex-dividend day
