Iberdrola stock faces a EUR 25 Goldman target after profit growth

Published on 10/04/2026 at 11:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Iberdrola stock carries a EUR 20.93 consensus target after Goldman raised its view to EUR 25 on October 1, 2026. First-half net profit reached EUR 4.33 billion, up 22 percent.

Pop-Art-Comic mit Windturbinen, Sonne und Halbtonraster — Pop-Art-Comicszene zeigt bunte Windturbinen und Sonne im Halbtonraster, stilisiert für Iberdrola S.A. (ISIN ES0144580Y14), Illustration mit AI erstellt.

Iberdrola stock (ISIN ES0144580Y14) was last at EUR 20.82 on BME on October 2, 2026 at 5:37 p.m. CEST, up 0.43 percent from the prior close of EUR 20.73. The latest analyst move came on October 1, when Yahoo Finance reported that Goldman Sachs raised its target to EUR 25 from EUR 21 and upgraded Iberdrola to Buy from Neutral.

Goldman raises the valuation bar

The EUR 25 target is EUR 4.18 above the October 2 reference price. Goldman linked its decision to stronger earnings growth, dividend potential and a larger grid investment outlook through 2031, according to Yahoo Finance.

The broader consensus remains more restrained. Expansion reported on October 1 that 31 firms had an average target of EUR 20.93, with 14 Buy, 16 Hold and 1 Sell ratings. The average target therefore stood EUR 0.11 above the latest BME price.

First-half profit sets the earnings base

Iberdrola's first-half 2026 reported net profit reached EUR 4.33 billion, an increase of 22 percent from the prior-year period. Adjusted EBITDA was EUR 8.05 billion, while total investment reached EUR 7 billion, according to Iberdrola.

The investment mix is important for the valuation debate: 63 percent of first-half investment went to networks, and network assets totaled EUR 55 billion. That supports the regulated-growth argument behind the higher targets, while the scale of investment keeps capital allocation central to the next results update.

Iberdrola stock approaches its yearly high

The October 2 BME snapshot showed a day range of EUR 20.67 to EUR 21.12 and a 52-week range of EUR 16.11 to EUR 22.08. The stock's market capitalization was EUR 138.9 billion and volume was 9,051,568 shares on the same session.

Iberdrola will present its nine-month 2026 results on October 21, 2026, according to Iberdrola. That report will test whether the 22 percent first-half profit increase is carrying into the second half.