Nordex lifts 2026 margin guidance: Nordex stock gains 14.06 percent

Published on 10/16/2026 at 09:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies lifted its target from EUR 60.00 to EUR 63.00 on October 15, 2026. Nordex stock costs EUR 39.76, 14.06 percent above Xetra close.

Margin outlook and stock reaction

Nordex raised its 2026 EBITDA margin guidance to 11.5 to 12.5 percent on October 15, 2026.
Preliminary revenue reached EUR 2,187 million in the third quarter of 2026 versus EUR 1,706 million a year earlier.
Nordex stock trades at EUR 39.76 at 9:17 a.m. CEST at Lang & Schwarz on October 16, 2026, 14.06 percent above the Xetra close of October 15, 2026.
Jefferies raised its price target from EUR 60.00 to EUR 63.00 on October 15, 2026.

Flatlay-Foto mit ISIN-Karte, kleinem Rotorblatt-Modell und Bolzen auf grauer Oberfläche — Nordex SE (DE000A0D6554) als Flatlay mit ISIN-Karte, Rotorblatt-Miniatur und Metallbolzen auf grauer Fläche, Illustration mit AI erstellt.

Nordex (ISIN DE000A0D6554) was trading at EUR 39.76 at Lang & Schwarz on October 16, 2026 at 9:17 a.m. CEST, up 14.06 percent versus the Xetra close of October 15, 2026 at EUR 34.86. Nordex reported preliminary third-quarter results above expectations on October 15 and raised its full-year 2026 EBITDA margin guidance.

Three events shaped the stock

On October 1, 2026, Nordex announced a 56 MW Austrian order from WEB Windenergie, including eight turbines and a 25-year service agreement, according to Nordex. On October 12, 2026, third-quarter project order intake reached 2,810 MW, 29.5 percent above the prior-year figure, while nine-month intake rose to 7,733 MW, according to Nordex. The current event came on October 15, 2026, when guidance moved to 11.5 to 12.5 percent from 8.0 to 11.0 percent.

What does the margin raise change?

The preliminary third-quarter EBITDA figure was EUR 278 million, versus EUR 136 million in the prior-year quarter, giving Nordex a 12.7 percent margin compared with 8.0 percent. Preliminary revenue reached EUR 2,187 million against EUR 1,706 million a year earlier. The figures are unaudited, and Nordex attributed the improvement to higher service margins and project execution.

Analyst target rises to EUR 63.00

MarketScreener reported on October 15, 2026, that Jefferies raised its Nordex price target from EUR 60.00 to EUR 63.00 while maintaining a Buy rating. The target change followed the preliminary figures and the higher margin outlook.

Next report date is November 5

Nordex is scheduled to publish its complete third-quarter 2026 results on November 5, 2026, followed by a conference call, according to the company investor-relations calendar.

Stock reaction reflects a sharp repricing

The combination of higher margins, stronger orders and the analyst target increase gives the October 15 update several measurable dimensions. Investors now have to distinguish between preliminary figures and the full report due in November.

The stock was trading at EUR 39.76 at Lang & Schwarz on October 16, 2026 at 9:17 a.m. CEST, plus 14.06 percent versus the Xetra close of October 15, 2026 at EUR 34.86. The further course of trading is shown by the continuously updated real-time quote of Nordex stock.