Nexans stock targets EUR 805 million EBITDA for 2026

Published on 09/25/2026 at 17:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nexans stock reported EUR 4.736 billion in first-half 2026 revenue, down 13.7 percent on July 29, 2026. EBITDA reached EUR 379 million at an 11.9 percent margin.

Schwarzweiß-Dokumentarfoto von Arbeitern bei der Kabelverlegung auf Industriegelände — Schwarzweiß-Reportagefoto dokumentiert Arbeiter beim Verlegen dicker Stromkabel, passend zu Nexans S.A. FR0000044448 im Elektroausrüstungssektor, Illustration mit AI erstellt.

Nexans (ISIN FR0000044448) stock closed at EUR 135.90 on Euronext Paris on September 24, 2026, down 3.62 percent from the prior close of EUR 141.00. The latest operating update points to an EUR 805 million EBITDA target for fiscal 2026 after the company raised its outlook.

2026 EBITDA target reaches EUR 805 million

According to Ideal Investor, Nexans raised its full-year 2026 targets when it published first-half results on July 29, 2026. The revised EBITDA objective stands at EUR 805 million, giving investors a clearly defined benchmark for the second half.

The guidance comes alongside a EUR 500 million bond issue carrying a 4.25 percent coupon, according to the same July 2026 coverage. The financing is intended to replace the bridge loan used for the Republic Wire acquisition, linking the raised earnings target with balance-sheet management.

Revenue declines as margin holds

First-half 2026 revenue totaled EUR 4.736 billion, a 13.7 percent decline from the comparable period, while EBITDA reached EUR 379 million and the EBITDA margin was 11.9 percent, Ideal Investor reported. Net income was EUR 103 million and free cash flow was EUR 165.5 million in the same period.

The figures show why execution matters more than headline sales alone. Nexans is carrying an EUR 805 million EBITDA goal even as first-half revenue fell, so margin delivery and project timing are central to the investment case.

Stock remains below its yearly high

The September 24 closing price of EUR 135.90 was 19.59 percent below the 52-week high of EUR 169.00 and 24.31 percent above the low of EUR 109.70. Market capitalization stood at EUR 5.932 billion on the same date.

Investing.com lists an average 12-month target of EUR 171.73 from 15 analysts, which places the target 26.36 percent above the September 24 price. The page also names October 22, 2026 as Nexans' next earnings date.

September 24 close sets the reference

Nexans stock closed at EUR 135.90 on Euronext Paris on September 24, 2026, with a daily decline of 3.62 percent and a trading range of EUR 135.50 to EUR 141.00. The market is therefore weighing the raised EUR 805 million EBITDA target against the first-half revenue decline.