National Grid lifted earnings outlook. National Grid stock gains 1.68 percent

Published on 10/15/2026 at 10:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

National Grid lifts 2027 growth above 13-15 percent. National Grid stock costs EUR 14.20 on October 15, 2026, 1.68 percent above Xetra close.

Earnings outlook and key dates

National Grid raised fiscal 2027 underlying EPS growth expectations above 13-15 percent on October 5, 2026.
National Grid Ventures and Other was expected to add GBP 130 million in first-half performance on October 5, 2026.
National Grid stock was trading at EUR 14.20 at 10:33 a.m. CEST at Lang & Schwarz on October 15, 2026, 1.68 percent above the Xetra close of October 13, 2026.

Börsen-Trading-Floor mit Charts, Utilities-Sektor und FTSE-Index-Anzeigen — Börsen-Editorial zeigt Handel der Aktie von National Grid plc, ISIN GB00BDR05C01, an der Londoner Börse, Illustration mit AI erstellt.

National Grid (ISIN GB00BDR05C01) stock was trading at EUR 14.20 at Lang & Schwarz on October 15, 2026 at 10:33 a.m. CEST, up 1.68 percent versus the Xetra close of October 13, 2026 at EUR 13.97. The company raised its fiscal 2027 underlying earnings-per-share growth outlook above the previous 13-15 percent range in an October 5, 2026 update published by FT.

October 5 update sets the tone

The higher outlook came from National Grid Ventures and Other, where first-half performance was expected to be GBP 130 million above the company's previous expectations. FT reported that the uplift reflected one-off fair value gains from two NG Partners transactions and stronger interconnector performance. National Grid said its regulated businesses continued to perform in line with expectations.

What does the boost mean for earnings?

The update improves the near-term earnings picture, but its composition matters. The GBP 130 million contribution includes one-off gains, while underlying earnings per share remains weighted toward the second half of fiscal 2027. That mix makes the November report important for judging how much of the higher outlook came from recurring network performance.

National Grid's latest full-year figures provide a useful scale comparison. On its investor page, the company lists underlying operating profit of GBP 5.680 billion for the fiscal year ended March 31, 2026, up 8.8 percent from GBP 5.221 billion, while underlying earnings per share rose 8.3 percent to GBp 78.00 from GBp 72.00. These figures are reported by National Grid.

When are the next results due?

The next scheduled reporting date is November 5, 2026, when National Grid plans to publish its half-year results for the six months ended September 30, 2026, according to the October 5 announcement from FT. The report should show whether regulated operations maintained their expected profit profile and whether the Ventures uplift translated into broader earnings strength.

Stock trades above the Xetra close

The euro quotation puts National Grid stock 1.68 percent above the Xetra close of October 13, 2026. That move provides a market reference ahead of the half-year disclosure, while the underlying question remains whether recurring network earnings can support the upgraded fiscal 2027 outlook.

National Grid stock was trading at EUR 14.20 at Lang & Schwarz on October 15, 2026 at 10:33 a.m. CEST, 1.68 percent above the Xetra close of October 13, 2026 at EUR 13.97. The further course of trading is shown by the continuously updated real-time quote of National Grid stock.