Fortum Oyj, FI0009007132

Fortum stock heads into the open after a 15.8 percent jump

Published on 09/11/2026 at 08:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

At the close on September 9, 2026, Fortum stock ended at EUR 24.74 on Nasdaq Helsinki, up 15.82 percent. The move followed a 22-year nuclear power purchase agreement with Google, while JPMorgan raised its target to EUR 24.30 on September 10, 2026.

Photorealistic nordic hydropower dam at frozen lake under polar twilight sky with snow-covered conifers
Fortum FI0009007132 nordisches Wasserkraftwerk an verschneitem See bei polarer Dämmerung mit Spiegelung, Illustration mit AI erstellt.

Fortum stock closed at EUR 24.74 on Nasdaq Helsinki on September 9, 2026, up 15.82 percent. The move came after a 22-year nuclear power purchase agreement with Google, and JPMorgan lifted its target to EUR 24.30 on September 10, 2026.

September 9, 2026 in numbers

Fortum Oyj (ISIN FI0009007132) ended the session above the prior close and near the top of its recent range, with the market reaction tied to the Google contract. ad hoc news reported that the shares closed at EUR 24.74 on Nasdaq Helsinki on September 9, 2026, up 15.82 percent, after investors reacted to the Google agreement.

Investing.com said JPMorgan upgraded Fortum to Neutral from Underweight on September 10, 2026 and raised its target to EUR 24.30 from EUR 17.80. The report also said the stock had surged 68 percent over the past year.

Today after the Google deal

Today, investors are watching follow-up analyst reaction and any further company comment on the Google supply agreement. Global market tone also matters for Nordic utilities, after Reuters reported that surging oil prices and higher bond yields pressured broader markets on September 11, 2026.

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