National Grid lifts outlook: fair value falls for National Grid stock

Published on 10/19/2026 at 09:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The October 5 update put fiscal 2027 EPS growth above 13-15 percent. National Grid stock costs EUR 14.31 on October 19, 2026 before November 5 results.

Guidance, valuation and dates

Fair value fell from GBP 13.68 to GBP 13.40 in the October 13, 2026 assessment.
National Grid said on October 5, 2026 that GBP 130 million of first-half outperformance lifted fiscal 2027 earnings growth above 13-15 percent.
National Grid stock trades at EUR 14.31 at 9:50 a.m. CEST at Lang & Schwarz on October 19, 2026.
Half-year results are scheduled for November 5, 2026.

Flatlay: Aktienzertifikat, ISIN-Karte, Strommast-Modell und Isolierhandschuhe — Flatlay mit Aktienzertifikat und Strommast-Modell repräsentiert National Grid plc (GB00BDR05C01) als Energienetz-Betreiber, Illustration mit AI erstellt.

National Grid (GB00BDR05C01) had its fair value cut from GBP 13.68 to GBP 13.40 in an assessment dated October 13, 2026, while its fiscal 2027 earnings outlook remained the central issue, according to Simply Wall St. National Grid stock was at EUR 14.31 at Lang & Schwarz on October 19, 2026 at 9:50 a.m. CEST.

What does the outlook mean for earnings?

The company’s October 5 trading update said strong first-half performance in Ventures and Other added GBP 130 million versus expectations. Quartr reported that the improvement lifted fiscal 2027 underlying earnings-per-share growth to slightly above the previous 13-15 percent guidance range. The update also said the regulated businesses were performing in line with expectations.

Three dates chart the change

On March 31, 2026, National Grid’s fiscal 2025/26 investor materials showed underlying operating profit of GBP 5,680 million, underlying earnings per share of 78.0 pence and capital investment of GBP 11,576 million, with each figure higher than the prior-year comparison on the company’s National Grid investor page. On October 5, 2026, the trading update added the GBP 130 million first-half performance improvement. On October 13, 2026, Simply Wall St said the fair value estimate had moved from GBP 13.675 to GBP 13.398.

When are the next results?

National Grid’s next substantiated reporting date is November 5, 2026, when the company is scheduled to publish half-year results, according to Quartr. That date gives investors a defined test for the higher fiscal 2027 growth outlook.

Stock price stays in view

National Grid operates electricity and gas transmission and distribution networks in the United Kingdom and the United States. The company’s fiscal 2025/26 materials showed capital investment of GBP 11,576 million, up from GBP 9,542 million, highlighting the scale of the network buildout. The stock was trading at EUR 14.31 at Lang & Schwarz on October 19, 2026 at 9:50 a.m. CEST.

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