Iberdrola stock: Barclays sets EUR 22.60 target for Iberdrola stock

Published on 10/22/2026 at 17:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nine-month profit hit EUR 5.82 billion on October 21, 2026. Iberdrola stock costs EUR 21.73 on October 22, 2026, up 0.84 percent versus Xetra close.

Analyst target and profit

Barclays set a EUR 22.60 target for Iberdrola on October 22, 2026.
Nine-month net profit reached EUR 5.82 billion on October 21, 2026.
Iberdrola stock costs EUR 21.73 at Lang & Schwarz on October 22, 2026 at 5:13 p.m. CEST, 0.84 percent above the Xetra close of October 21, 2026.
The stock has a P/E ratio of 19.92 and a market capitalization of EUR 145.1 billion as of October 22, 2026.

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Iberdrola stock (ISIN ES0144580Y14) has a fresh EUR 22.60 price target from Barclays, which maintained its Buy rating on October 22, 2026, according to Markets Insider. The target lies 4.00 percent above the EUR 21.73 price. Iberdrola was trading at EUR 21.73 at Lang & Schwarz on October 22, 2026 at 5:13 p.m. CEST, up 0.84 percent versus the Xetra close of October 21, 2026.

Profit growth supports the target

Iberdrola reported EUR 5.82 billion in net profit for the nine months ended September 30, 2026, up 9.60 percent from the same period in 2025. Adjusted net profit reached EUR 5.14 billion, up 8.80 percent year over year, while adjusted EBITDA rose 7.50 percent to EUR 11.89 billion, Boursorama reported on October 21, 2026.

The company raised its 2026 adjusted-profit outlook to at least 10.00 percent growth, compared with more than 8.00 percent previously. Revenue for the nine-month period was EUR 34.41 billion, versus EUR 31.87 billion a year earlier, according to the same report.

Stock sits near its yearly high

Iberdrola's 52-week range is EUR 16.86 to EUR 22.07 as of October 22, 2026. The Lang & Schwarz price is 1.54 percent below the high, while the company's market capitalization is EUR 145.1 billion.

The price movement is modest beside the company's earnings update. The current P/E ratio is 19.92, compared with 22.97 for Enel and 13.35 for RWE as of October 22, 2026.

Valuation and investor dates

Iberdrola's investor page lists the nine-month 2026 results presentation for October 21, 2026 and describes a strategic plan targeting EUR 7.60 billion in net profit in 2028, according to Iberdrola. That target gives the current valuation a multi-year earnings reference without changing the latest reported period.

Comparison with peers

Iberdrola: plus 0.84 percent versus the Xetra close, P/E 19.92, market capitalization EUR 145.1 billion as of October 22, 2026.

Enel (Milan, EUR): minus 0.10 percent, P/E 22.97, market capitalization EUR 91.3 billion as of October 22, 2026.

RWE (Xetra, EUR): minus 1.69 percent, P/E 13.35, market capitalization EUR 44.6 billion as of October 22, 2026.

The stock after the results

For investors, the combination of a higher profit outlook and a target above the current price places the emphasis on whether networks can sustain the reported growth rates. Iberdrola was trading at EUR 21.73 at Lang & Schwarz on October 22, 2026 at 5:13 p.m. CEST, 0.84 percent above the Xetra close of October 21, 2026 (EUR 21.55). The further course of trading is shown by the continuously updated real-time quote of Iberdrola stock.