Hera stock trades at EUR 3.50 with a EUR 5.2 billion market value

Published on 10/20/2026 at 10:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hera targets EUR 1.76 billion in operating earnings by 2029. Hera stock costs EUR 3.50 on October 20, 2026, 0.57 percent above the EUR 3.48 Xetra close.

Growth and reporting dates

Hera approved its half-year results on July 29, 2026, with net profit up 16.00 percent.
Hera targets EUR 1.76 billion in EBITDA by 2029 under its business plan.
Hera stock trades at EUR 3.50 at 10:14 a.m. CEST at Lang & Schwarz on October 20, 2026, 0.57 percent above the Xetra close of October 19, 2026.

Industrieanlage mit Wassertanks und Schornstein bei Sonnenaufgang, Symbolbild für Hera S.p.A — Fotorealistische Industrieanlage symbolisiert Hera S.p.A. mit ISIN IT0000062825 im italienischen Multi-Utility-Sektor bei Sonnenaufgang eindrucksvoll, Illustration mit AI erstellt.

Hera stock was trading at EUR 3.50 at Lang & Schwarz on October 20, 2026, at 10:14 a.m. CEST, up 0.57 percent versus the Xetra close of October 19, 2026 at EUR 3.48. The key valuation reference is Hera's business plan, which targets higher operating earnings through 2029.

Business plan sets a 2029 target

Hera's investor-relations page sets a 2029 target of EUR 1.76 billion for EBITDA, or earnings before interest, taxes, depreciation and amortization. The plan also assigns EUR 2.6 billion of more than EUR 5.5 billion in total investments to organic growth, putting networks and environmental projects at the center of the strategy, according to Hera.

What does the investment cycle mean?

The latest reported figures show why execution matters. IT Boltwise reported on September 25, 2026 that Hera's net profit for the first half of 2026 rose 16.00 percent year over year, while investments increased 56.00 percent. That combination supports the growth narrative, but it also raises the importance of converting capital spending into recurring earnings and cash flow.

Three milestones shape the story

On April 29, 2026, Hera increased its dividend to EUR 0.16 per share, according to Hera. On May 26, 2026, the company announced a EUR 500.0 million European green bond through the same investor-relations page. On July 29, 2026, Hera approved its half-year 2026 results, with the reporting date set at June 30, 2026.

Next reporting date is November 11

Hera's next scheduled corporate event is the disclosure of third-quarter 2026 financial results on November 11, 2026, followed by an online presentation, as listed by Hera. The date gives investors a defined checkpoint for testing whether the investment program is translating into operating progress.

Valuation remains below the yearly high

Hera's market capitalization was EUR 5.2 billion on October 20, 2026. The stock's current move is modest, while the larger question remains whether the 2029 earnings target can justify a higher valuation over time. Hera stock was trading at EUR 3.50 at Lang & Schwarz on October 20, 2026, at 10:14 a.m. CEST, 0.57 percent above the Xetra close of October 19, 2026 at EUR 3.48. The further course of trading is shown by the continuously updated real-time quote of Hera stock.