National Grid stock: Half-year results arrive November 5

Published on 10/23/2026 at 15:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2027 growth tops 15.00 percent in the outlook. National Grid stock costs EUR 14.51 on October 23, 2026, down 0.62 percent versus Xetra close.

Results date takes center stage

National Grid will announce half-year results on November 5, 2026.
Fiscal 2025/26 underlying operating profit rose 8.80 percent to GBP 5,680 million.
National Grid stock costs EUR 14.51 at Lang & Schwarz on October 23, 2026 at 3:17 p.m. CEST, 0.62 percent below the Xetra close of October 22, 2026.
UBS kept a Sell rating and a GBP 11.10 target on October 20, 2026.

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National Grid (ISIN GB00BDR05C01) will announce half-year results on November 5, 2026, setting the next dated test for the utility. The company said the report will cover the six months ended September 30, 2026, in a pre-close announcement carried by FT.com on October 5, 2026. National Grid was trading at EUR 14.51 at Lang & Schwarz on October 23, 2026 at 3:17 p.m. CEST, down 0.62 percent versus the Xetra close of October 22, 2026 at EUR 14.60.

Annual figures provide the base

National Grid entered the reporting period with fiscal 2025/26 underlying operating profit of GBP 5,680 million, up 8.80 percent from GBP 5,221 million in fiscal 2024/25. Underlying earnings per share reached GBp 78.00, compared with GBp 72.00 a year earlier, while capital investment rose 21.30 percent to GBP 11,576 million from GBP 9,542 million, according to the company's investor information.

Price position stays restrained

The euro quotation sits EUR 0.09 below the October 22 Xetra close. That equals a 0.62 percent decline, a move below the 1.00 percent threshold for a directional headline. National Grid's London listing closed at GBp 1,224.00 on October 22, 2026, giving investors a separate home-market reference from the euro quotation.

Targets frame the valuation debate

On October 20, 2026, UBS analyst Mark Freshney maintained a Sell rating and set a GBP 11.10 price target, according to Markets Insider. The target is GBP 1.14 below the London closing price of GBP 12.24 cited for the same report, a gap of 9.31 percent. The November 5 results will show whether the stronger first-half contribution from National Grid Ventures and Other changes that assessment.

Results date sets the next marker

The November report is scheduled to detail operating profit, underlying earnings per share and net debt for the six months ended September 30, 2026. For investors, the important comparison will be whether the reported figures support the company's fiscal 2027 earnings-growth outlook while capital spending remains elevated. National Grid remains a transmission and distribution utility serving electricity and gas networks in the United Kingdom and the United States. The further course of trading is shown by the continuously updated real-time quote of National Grid stock.