Neste stock slips despite Goldman target hike

Published on 09/30/2026 at 14:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Neste stock was at EUR 32.78 at Lang & Schwarz on September 30, 2026, down 1.62 percent versus EUR 33.32. Goldman Sachs raised its target to EUR 40.00 from EUR 32.00.

Schwarzweiß-Reportagefoto von drei Arbeitern vor einer großen petrochemischen Industrieanlage — Neste Oyj FI0009013296 dokumentiert eine Schwarzweiß-Reportage von Arbeitern in einer großen petrochemischen Industrieanlage, Illustration mit AI erstellt.

Neste stock (ISIN FI0009013296) was trading at EUR 32.78 at Lang & Schwarz on September 30, 2026, down 1.62 percent versus the prior close of EUR 33.32. The decline came as investors weighed higher analyst targets against a demanding operational backdrop ahead of the next results.

Goldman lifts target to EUR 40.00

According to Investing.com on September 16, 2026, Berenberg raised its target to EUR 40.00 from EUR 36.00 and maintained a Buy rating. The firm linked its view to renewable fuel demand and a developing structural supply deficit.

Goldman Sachs had already upgraded Neste to Buy from Neutral and raised its target to EUR 40.00 from EUR 32.00 on September 4, 2026, as reported by MarketScreener. The new target is 25.00 percent above the old target and 22.03 percent above the Lang & Schwarz price.

Q2 EBITDA reaches EUR 1.2 billion

Neste's investor page says the company published its Q2/2026 results and held its analyst and investor conference call on July 24, 2026, according to Neste. The period delivered the company record comparable EBITDA of EUR 1.2 billion, according to the Q2 transcript published by Yahoo Finance.

The transcript also records Renewable Products sales above 1 million tons and a performance improvement program with an annualized impact of EUR 594 million at the end of June 2026. The same quarter included a 75.00 percent utilization rate for Renewable Products, leaving execution and refinery reliability as important counterweights to the favorable margin picture.

Next results arrive October 29

Neste's Q3 2026 results are scheduled for October 29, 2026, according to the company's pre-silent investor newsletter published in September 2026. The date gives the market a defined checkpoint for margins, sales volumes, turnaround progress and cash generation.

Neste stock trades at EUR 32.78

At Lang & Schwarz, Neste stock was trading at EUR 32.78 on September 30, 2026, at 2:34 p.m. CEST, down 1.62 percent against the EUR 33.32 prior close. The market capitalization was EUR 25.3 billion on September 30, 2026, while the 52-week range was EUR 15.55 to EUR 35.94.