Iberdrola stock: UBS raises target for Iberdrola stock to EUR 24.00

Published on 10/23/2026 at 15:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half profit reached EUR 4.33 billion in 2026. Iberdrola stock costs EUR 21.74 on October 23, 2026, unchanged versus the Xetra close.

Analyst target and results

UBS raised its Iberdrola target from EUR 21.40 to EUR 24.00 on October 22, 2026.
Iberdrola reported EUR 4.33 billion in net profit for the first half of 2026.
Iberdrola stock costs EUR 21.74 at Lang & Schwarz on October 23, 2026 at 3:40 p.m. CEST, unchanged versus the Xetra close of October 22, 2026 and 1.50 percent below the 52-week high.
The company carried a price-to-earnings ratio of 20.88 and a market capitalization of EUR 144.8 billion on October 23, 2026.

Makroaufnahme einer Solarzellenoberfläche mit feinen Strukturen — Makroaufnahme zeigt Solarzellen-Oberfläche in extremer Nahaufnahme, thematisch verknüpft mit Iberdrola S.A. (ISIN ES0144580Y14), Illustration mit AI erstellt.

Iberdrola (ISIN ES0144580Y14) received a higher UBS price target of EUR 24.00, up from EUR 21.40, in a research note dated October 22, 2026, as MarketScreener reported. The target is 10.39 percent above the EUR 21.74 price at Lang & Schwarz on October 23, 2026 at 3:40 p.m. CEST, unchanged versus the Xetra close of October 22, 2026.

Profit provides the operating anchor

Iberdrola reported net profit of EUR 4.33 billion for the first half of 2026, alongside adjusted EBITDA of EUR 8.05 billion and EUR 7.00 billion of investment in the period, according to Iberdrola. Networks absorbed 63 percent of that investment, while the company reported EUR 55.00 billion of network assets. These figures give the UBS target a direct operating backdrop rather than leaving the valuation dependent on a single market session.

Stock sits below its yearly high

The Lang & Schwarz price of EUR 21.74 on October 23, 2026 at 3:40 p.m. CEST stood EUR 0.33 below Iberdrola's 52-week high of EUR 22.07 and EUR 4.76 above its 52-week low of EUR 16.98. The resulting distance to the high was 1.50 percent, while the finance profile showed a market capitalization of EUR 144.8 billion and 9,038 shares traded at 3:25 p.m. CEST.

What does the valuation imply?

Iberdrola's price-to-earnings ratio was 20.88 on October 23, 2026. A separate October 22, 2026 report from Investing.com said BofA Securities raised its target from EUR 21.50 to EUR 22.90 while retaining a Buy rating. The report also cited a company objective of 10 percent annual net-income growth over five years and EUR 10.00 billion of net profit in fiscal year 2030.

Peers show a mixed utility picture

Comparison with peers

Iberdrola: unchanged at 0.00 percent, price-to-earnings ratio 20.88, market capitalization EUR 144.8 billion.

Enagas (Madrid, EUR): down 0.34 percent, price-to-earnings ratio 21.53, market capitalization EUR 4.5 billion.

Endesa (Madrid, EUR): up 0.28 percent, price-to-earnings ratio 17.04, market capitalization EUR 43.9 billion.

Target and price in perspective

UBS placed EUR 24.00 above the current EUR 21.74 price, while Iberdrola's first-half net profit reached EUR 4.33 billion. The stock was unchanged against the Xetra close of October 22, 2026.

The further course of trading is shown by the continuously updated real-time quote of Iberdrola stock.