National Grid lifts earnings outlook: National Grid stock sits 19.19 percent below high
Published on 10/12/2026 at 10:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- National Grid raised its fiscal 2026/27 earnings per share outlook to slightly above 13.00-15.00 percent growth.
- The Ventures and Other segment is expected to add GBP 130 million in first-half performance, including one-off fair value gains.
- The stock was at EUR 13.70 at Lang & Schwarz on October 12, 2026, 0.74 percent above the Xetra close of EUR 13.60.
- RBC Capital Markets kept a Sector Perform rating and a GBp 1,375.00 price target on October 5, 2026.
National Grid (ISIN GB00BDR05C01) stock was at EUR 13.70 at Lang & Schwarz on October 12, 2026 at 10:48 a.m. CEST, 0.74 percent above the Xetra close of EUR 13.60. On October 5, 2026, National Grid said its fiscal 2026/27 underlying earnings per share growth should come in slightly above the previous 13.00-15.00 percent range, while its LSE quote remained 19.19 percent below the 52-week high of GBp 1,428.50.
Guidance moves above 15 percent
According to FT.com on October 5, 2026, the company expects fiscal 2026/27 underlying earnings per share growth to be slightly above 13.00-15.00 percent guidance. The regulated businesses were described as performing in line with expectations, so the change is concentrated outside the core networks.
The same update assigns GBP 130 million of additional first-half performance to National Grid Ventures and Other. FT.com says the amount reflects one-off fair value gains from two National Grid Partners transactions and stronger interconnector performance.
Three dated signals shape the story
On May 14, 2026, National Grid reported underlying earnings per share of 78.0 pence for fiscal 2025/26, according to Energynews. On October 5, 2026, finanzen.at reported that RBC Capital Markets kept its Sector Perform rating and GBp 1,375.00 target. The same date brought the pre-close update that lifted the earnings outlook above the prior range.
What comes next for results?
National Grid is scheduled to publish half-year results on November 5, 2026, covering the six months ended September 30, 2026, according to FT.com. The report will show how much of the GBP 130 million contribution came from one-off valuation gains rather than recurring network earnings.
Stock stays below its LSE high
At Lang & Schwarz, National Grid was trading at EUR 13.70 on October 12, 2026 at 10:48 a.m. CEST, or 0.74 percent above the Xetra close of EUR 13.60 on October 9, 2026. On the LSE, the finance quote was last at GBp 1,154.50 on October 12, 2026 at 9:52 a.m. BST, against a 52-week range of GBp 1,086.25 to GBp 1,428.50.
The further course of trading is shown by the continuously updated real-time quote of National Grid stock.
National Grid stock facts
- Company: National Grid plc
- ISIN: GB00BDR05C01
- Ticker: NG.L
- Primary exchange: London Stock Exchange
- Price Lang & Schwarz as of October 12, 2026, 10:48 a.m. CEST: EUR 13.70
- Change versus Xetra close: plus 0.74 percent
- Xetra close October 9, 2026: EUR 13.60
- 52-week range: GBp 1,086.25-1,428.50 as of October 12, 2026
- Sector / Industry: Utilities / Regulated Electric
- Index membership: FTSE 100
- Next earnings date: November 5, 2026
Market context: Market report FTSE 100.
