Neste stock gains after Berenberg raises price target on renewable fuel demand

Published on 09/16/2026 at 21:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Neste stock has surged 71% year-to-date and trades near its 52-week high as of September 16, 2026, while Berenberg lifts its price target to EUR 40.00. The latest Q2 2026 results show record comparable EBITDA of EUR 1.2 billion despite revenue coming in 5.4% below expectations.

Flatlay mit Aktienzertifikat, ISIN-Karte FI0009013296 und goldener Biokraftstoffprobe im Glas — Neste Oyj FI0009013296 arrangiert stilvoll ein Flatlay mit Aktienzertifikat, ISIN-Karte und Biokraftstoff-Probe im Glas, Illustration mit AI erstellt.

Neste Oyj stock (ISIN FI0009013296) continues its strong run, with the shares up 71% year-to-date and trading close to their 52-week high as of September 16, 2026, according to InvestingPro data cited by Investing.com on September 16, 2026.

Analysts lift targets as renewable demand strengthens

According to Investing.com on September 16, 2026, Berenberg raised its price target on Neste shares to EUR 40.00 from EUR 36.00 while maintaining a Buy rating, citing strong demand for renewable fuels.

A separate analyst update from Investing.com on September 16, 2026, confirms that Berenberg lifted the target from EUR 36.00 to EUR 40.00, highlighting that Neste stock is trading near its 52-week high of USD 19.58 on the OTC line.

MarketScreener data on September 16, 2026 shows the last closing price on Nasdaq Helsinki at EUR 33.41, with the average analyst price target at EUR 33.34, implying that Berenberg's new EUR 40.00 target sits notably above the broader consensus, according to MarketScreener.

Q2 2026 results: record EBITDA despite revenue miss

In its most recent reported quarter, Neste delivered a mixed but numerically strong performance, with Q2 2026 financials showing revenue of EUR 6.81 billion compared with analyst expectations of EUR 7.20 billion, a shortfall of 5.4 percent, as reported by Investing.com.

According to the same Q2 2026 overview from Investing.com, earnings per share came in at EUR 0.5629, slightly below the forecast of EUR 0.5649, a marginal miss of around 0.4 percent.

Despite the top-line and EPS coming in just below consensus, Neste achieved a record comparable EBITDA of EUR 1.2 billion in Q2 2026, which the company described as the best quarterly financial performance in its history, according to Investing.com.

Strategic deals secure feedstock and SAF demand

On the feedstock side, Bayer AG and Neste recently concluded a commercial agreement to deploy Newgold winter canola jointly for biofuel production, aiming to secure lower carbon feedstocks for renewable diesel and sustainable aviation fuel and to create linked outlets for high-protein meal in animal feed markets, as reported by Simply Wall St in September 2026.

The Simply Wall St analysis notes that the Newgold network and planned 2027 hybrid launch give Neste a clearer path to secure feedstock volumes from US farmers, which is important for supporting its renewable diesel and sustainable aviation fuel growth ambitions, according to Simply Wall St.

On the demand side, Neste and United Airlines announced extended agreements for sustainable aviation fuel supply in the United States and the Netherlands, covering blended SAF deliveries for flights departing Chicago O'Hare International Airport and Amsterdam Airport Schiphol, as stated in a company release by Neste on September 16, 2026.

The extended United Airlines agreements help underpin long-term SAF demand at two major hubs, reinforcing Neste's position as a leading sustainable aviation fuel supplier on three continents, according to Neste.

Share price, market metrics and recent trading

MarketScreener's Nasdaq Helsinki overview on September 15, 2026 shows Neste's last closing price at EUR 33.41, with the stock up 5.33 percent on that session and the intraday range between EUR 33.38 and EUR 33.41, according to MarketScreener.

A detailed market wrap from Investing.com reported that Neste rose 4.60 percent, or EUR 1.46, to close at EUR 33.18 on Nasdaq Helsinki on September 15, 2026, making it one of the best performers on the OMX Helsinki 25 index that day, with the benchmark itself up 1.31 percent, according to Investing.com.

Based on the Investing.com description, the EUR 33.18 close on September 15, 2026 came after an intraday low of EUR 31.80 and an intraday high matching the closing price, underscoring that the stock finished the day at its session peak, according to IT Boltwise.

Closing view for investors

As of the last completed trading day, September 15, 2026, the reference price for Neste stock on Nasdaq Helsinki stands around EUR 33.18 to EUR 33.41, placing the shares close to their 52-week high and reflecting a 71 percent year-to-date gain, while analysts such as Berenberg now see upside to EUR 40.00 in their revised price target.