Nordex recorded 389 MW orders while Nordex stock gained 1.28 percent

Published on 10/09/2026 at 11:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Deutsche Bank lifted its target to EUR 59.00 on October 2, 2026. Nordex stock costs EUR 34.83 after EUR 34.39, plus 1.28 percent.

Key points in brief

Nordex recorded 389 MW of Turkish wind orders on October 7, 2026, covering 56 Delta4000 turbines.
Second-quarter 2026 revenue reached EUR 2.18 billion and net income EUR 111.55 million.
Nordex stock was trading at EUR 34.83 at Lang & Schwarz on October 9, 2026, up 1.28 percent from EUR 34.39.
Deutsche Bank raised its Nordex target from EUR 58.00 to EUR 59.00 on October 2, 2026.

Architektonisches Rendering einer Fabrikhalle mit langen Rotorblättern in Produktion — Nordex SE (DE000A0D6554) illustriert durch Architektur-Render einer modernen Rotorblatt-Fabrikhalle mit natürlichem Tageslicht, Illustration mit AI erstellt.

Nordex (ISIN DE000A0D6554) was trading at EUR 34.83 at Lang & Schwarz on October 9, 2026 at 11:47 a.m. CEST, up 1.28 percent from the prior close of EUR 34.39. On October 7, 2026, Nordex reported 389 MW of new Turkish orders for 56 Delta4000 wind turbines, each paired with a multi-year service agreement.

What does the 389 MW order mean?

The contracts add equipment sales and future service revenue, but the projects are scheduled for staged installation and commissioning from 2027 through 2028, according to Nordex. The order is therefore a backlog signal rather than an immediate revenue contribution, while the service contracts extend the commercial relationship beyond turbine delivery.

Three dates show the buildup

On July 29, 2026, Nordex reported second-quarter revenue of EUR 2.18 billion, up from EUR 1.87 billion a year earlier, while net income rose to EUR 111.55 million from EUR 31.03 million, according to Markets Insider. On September 30, 2026, FinanzNachrichten reported that Jefferies kept a Buy rating and a EUR 60.00 target. On October 7, 2026, the Turkish order announcement added the 389 MW figure to that operating backdrop.

Why margins matter for Nordex

Deutsche Bank Research raised its Nordex target from EUR 58.00 to EUR 59.00 and retained Buy on October 2, 2026, according to FinanzNachrichten. The bank cited project delays as a constraint on raising 2026 goals but expected strong margins, making execution and profitability the key counterweight to the expanding order pipeline.

Next dates for Nordex stock

Nordex's investor-relations calendar lists October 12, 2026, for its Q3/2026 order intake press release, according to Nordex. The next quarterly report is scheduled for November 5, 2026, a date referenced in Deutsche Bank's October 2 analysis.

Stock trades above its prior close

Nordex stock was trading at EUR 34.83 at Lang & Schwarz on October 9, 2026 at 11:47 a.m. CEST, plus 1.28 percent versus the EUR 34.39 prior close at Lang & Schwarz on October 8, 2026. The shares are listed on Xetra and remain members of the MDAX and TecDAX. The further course of trading is shown by the continuously updated real-time quote of Nordex stock.