Jefferies kept Buy on Nordex stock with EUR 60 target

Published on 10/08/2026 at 11:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 16.00 percent to EUR 2.18 billion. Nordex stock was EUR 35.07 on October 8, 2026 versus EUR 35.48, down 1.16 percent.

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Nordex (ISIN DE000A0D6554) was trading at EUR 35.07 at Lang & Schwarz on October 8, 2026 at 10:47 a.m. CEST, with the price 1.16 percent below the EUR 35.48 Xetra close of October 7. Jefferies had kept its Buy rating and EUR 60.00 price target for Nordex on September 30, 2026, according to FinanzNachrichten.

Jefferies sees a 71.09 percent gap

The EUR 60.00 target stands 71.09 percent above the Lang & Schwarz price of EUR 35.07. Jefferies analyst Constantin Hesse expected a solid third quarter but warned that customer delays could weigh on execution, while better margins could narrow the company's earnings target range.

That combination gives the analyst view two sides. The target reflects confidence in Nordex's profitability path, while the execution warning points to the delivery schedule as the nearer test for the stock.

Second-quarter margins improved

Nordex reported EUR 2.18 billion of revenue in the second quarter of 2026, up 16.00 percent year over year, according to Yahoo Finance. The EBITDA margin reached 10.30 percent, up from 5.80 percent in the second quarter of 2025, while net income was EUR 111.00 million.

The operating comparison matters because the company is carrying a demanding second-half schedule. Management said second-quarter order intake reached 3.10 GW, up 32.00 percent year over year, and confirmed 2026 revenue guidance of EUR 8.20 billion to EUR 9.00 billion with an EBITDA margin of 8.00 percent to 11.00 percent.

November results set the next test

Nordex lists November 5, 2026, as the date for its third-quarter statement and conference call on its investor-relations page. The date gives the market a defined checkpoint for customer delays, order execution and progress toward the confirmed margin range.

Nordex's second-quarter figures show higher revenue and a wider margin, but the analyst commentary makes execution the key counter-factor. The stock therefore combines a quantified earnings improvement with a concrete delivery risk ahead of the next report.

Stock remains below its yearly high

Nordex was trading at EUR 35.07 at Lang & Schwarz on October 8, 2026 at 10:47 a.m. CEST. This was 1.16 percent below the EUR 35.48 Xetra close of October 7, while the primary-exchange 52-week range stood at EUR 21.86 to EUR 51.70 as of October 8, 2026. The further course of trading is shown by the continuously updated real-time quote of Nordex stock.