Jefferies keeps EUR 18.00 target for Redeia stock

Published on 10/14/2026 at 10:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies sets an EUR 18.00 target for Redeia on October 10, 2026. Redeia stock stood at EUR 14.99 on October 14, 2026, with EUR 8.1 billion market cap.

Transmission spending supports earnings

Jefferies maintained a Hold rating and EUR 18.00 valuation on October 10, 2026.
First-half 2026 investment reached EUR 631 million and net profit EUR 280 million.
Redeia stock traded at EUR 14.99 at 10:36 a.m. CEST on October 14, 2026.

Umspannwerk-Gebäude als Architekturrender, Symbolik für Redeia Red Eléctrica — Architektur-Render eines modernen Umspannwerk-Gebäudes repräsentiert Redeia (Red Eléctrica), ISIN ES0173093024, Infrastruktur des Stromübertragungsnetzes, Illustration mit AI erstellt.

Jefferies maintained a Hold rating and an EUR 18.00 valuation for Redeia (ISIN ES0173093024) on October 10, 2026, according to Bolsamania. The assessment puts the regulatory framework for Spain's electricity grid at the center of the investment case.

Three dated signals for Redeia

On July 29, 2026, first-half net profit reached EUR 280 million, up 4.00 percent year over year, while transmission investment reached EUR 631 million, up 12.00 percent from the comparable period, according to Yahoo Finance. On October 2, 2026, Deutsche Bank cut its target from EUR 15.00 to EUR 14.00, while on October 10 Jefferies retained its EUR 18.00 valuation, both figures reported by Bolsamania.

What supports the valuation?

The earnings profile combines regulated network activity with a large investment program. Redeia's first-half 2026 net profit of EUR 280 million was 4.00 percent higher than a year earlier, and management said full-year net profit should exceed EUR 510 million, according to the earnings-call transcript.

The investment comparison is equally important: first-half transmission spending of EUR 631 million was 12.00 percent above the comparable period. That increase gives the company a measurable route to expanding regulated infrastructure, while the analyst split shows a wide valuation range between Deutsche Bank's EUR 14.00 target and Jefferies' EUR 18.00 valuation.

Next reporting date is October 28

Redeia's investor calendar lists the release of its nine-month 2026 results for October 28, 2026, according to Redeia. The company trades on BME under ticker RED.MC, and its business includes management of Spain's electricity transmission network, according to Global Banking and Finance.

Redeia stock at Lang and Schwarz

Redeia stock was trading at EUR 14.99 at Lang & Schwarz on October 14, 2026, at 10:36 a.m. CEST. The quote was in the Xetra trading phase, with the stock's next scheduled company milestone on October 28, 2026. The further course of trading is shown by the continuously updated real-time quote of Redeia stock.