Neste stock fell 5.24 percent on October 2 despite record Q2 EBITDA

Published on 10/04/2026 at 23:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Neste stock was last at EUR 31.47 on October 2, 2026, after Q2 revenue reached EUR 5.99 billion. Record EBITDA and an October 28 results date frame the next test.

Editorialfoto eines Börsenhandelssaals mit Analysten und Bildschirmen zum Index OMX Helsinki — Neste Oyj FI0009013296 dokumentiert ein Börsen-Editorial mit Handelssaal-Bildschirmen und dem OMX Helsinki Kursverlauf heute, Illustration mit AI erstellt.

Neste stock (ISIN FI0009013296) was last at EUR 31.47 on Nasdaq Helsinki on October 2, 2026 at 6:29 p.m. EEST, down 5.24 percent for the session. The move came as investors weighed a record second quarter against maintenance work and the next reporting date.

Record quarter meets market pressure

Neste reported its Q2 2026 results for the quarter ended June 30, 2026. Revenue reached EUR 5.99 billion, compared with EUR 4.51 billion a year earlier, while net profit was EUR 765 million versus a GAAP net loss of EUR 36 million in the prior-year quarter, according to Markets Insider.

Neste's Q2 comparable EBITDA reached a record EUR 1.2 billion, with almost three-quarters generated by Renewable Products, according to the Yahoo Finance transcript of the July 24, 2026 earnings call. The same call cited Renewable Products sales above 1 million tons and a second-quarter utilization rate of 75 percent, highlighting the operational challenge behind the strong margin outcome.

Analyst targets sit above the last price

Consensus data published by MarketScreener show an OUTPERFORM rating from 19 analysts and an average target of EUR 34.02. That target lies 8.10 percent above the EUR 31.47 last price on October 2, 2026.

Goldman Sachs maintained a Buy rating and a EUR 41.50 target in a report dated September 24, 2026, according to Markets Insider. The single-house target is higher than the broader consensus and puts greater emphasis on refining margins and renewable-fuel demand.

October results set the next test

Neste is scheduled to release its Q3 2026 earnings on October 28, 2026, according to the company calendar shown by MarketScreener. The report will put the record Q2 EBITDA against the effects of refinery turnarounds and the company's ability to sustain utilization.

Stock remains below yearly high

At EUR 31.47 on October 2, 2026, Neste stock stood 12.44 percent below its 52-week high of EUR 35.94 and above its 52-week low of EUR 15.96. Market capitalization was EUR 24.2 billion and trading volume reached 1,343,592 shares on the same date.