KBC raises target for Elia stock from EUR 131 to EUR 145

Published on 10/01/2026 at 15:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Half-year revenue rose 18.00 percent through June 30, 2026. Elia stock costs EUR 119.10 after EUR 119.40 on October 1, 2026.

Makroaufnahme von nassem Kupferkabel und Keramik-Hochspannungsisolator — Elia Group S.A. mit ISIN BE0003822393 veranschaulicht durch eine Makroaufnahme von Kupferkabel und Keramikisolator, Illustration mit AI erstellt.

Elia Group (ISIN BE0003822393) was trading at EUR 119.10 at Lang & Schwarz on October 1, 2026 at 3:32 p.m. CEST, down 0.25 percent versus the prior close of EUR 119.40. According to Ideal Investisseur on September 3, 2026, KBC Securities set its target at EUR 145.00, up from EUR 131.00.

Revenue growth supports the target

MarketScreener lists a Reuters report dated July 29, 2026 saying Elia's half-year revenue rose 18.00 percent in the period ended June 30, 2026. The same results cycle highlighted progress on the Princess Elisabeth offshore energy island, linking current earnings growth with the group's expanding transmission infrastructure.

The target revision gives the stock a specific valuation reference. EUR 145.00 is 21.75 percent above the EUR 119.10 Lang & Schwarz price on October 1, 2026, while the EUR 150.00 consensus median cited by Ideal Investisseur is 25.95 percent above that price.

Grid investment remains the key test

Elia operates electricity transmission networks in Belgium and Germany, so capital spending and regulated returns remain central to the earnings case. The half-year revenue increase provides an operating measure, while the target change shows that valuation expectations moved higher even as the latest euro quote stood below both reference levels.

The next dated company milestone is also clear. Elia's investor-relations calendar lists the Q3 2026 earnings statement for November 27, 2026, giving investors a defined checkpoint for revenue, project execution and financing updates.

Stock stays below the analyst targets

At EUR 119.10, Elia stock was trading 0.25 percent below the EUR 119.40 prior close at Lang & Schwarz on October 1, 2026. The combination of 18.00 percent half-year revenue growth and a EUR 145.00 KBC target places operating delivery and valuation in the same frame, without turning either figure into a forecast.

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