Nordex stock: Berenberg lifts target to EUR 61 for Nordex stock

Published on 10/21/2026 at 15:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies raised its target to EUR 63 on October 15, 2026. Nordex stock costs EUR 38.05 on October 21, 2026, up 0.61 percent versus Xetra close.

Berenberg confirms EUR 61 target

Berenberg raised its Nordex target from EUR 58.00 to EUR 61.00 in a note dated October 16, 2026.
Jefferies raised its target from EUR 60.00 to EUR 63.00 on October 15, 2026.
Nordex stock costs EUR 38.05 at Lang & Schwarz on October 21, 2026 at 3:01 p.m. CEST, 0.61 percent above the Xetra close of October 20, 2026.
Nordex lists November 5, 2026 for its third-quarter publication and conference call.

Makroaufnahme der glatten weißen Vorderkante eines Windturbinen-Rotorblatts — Nordex SE (DE000A0D6554) in Makroaufnahme: Nahaufnahme der Vorderkante eines weißen Rotorblatts im Sonnenlicht, Illustration mit AI erstellt.

Nordex stock (ISIN DE000A0D6554) has an analyst target of EUR 61.00 after Berenberg raised it from EUR 58.00 in a research note dated October 16, 2026. The new target stands 60.32 percent above the EUR 38.05 price at Lang & Schwarz. The stock was trading at EUR 38.05 at Lang & Schwarz on October 21, 2026 at 3:01 p.m. CEST, up 0.61 percent versus the Xetra close of October 20, 2026 at EUR 37.82.

Two targets point higher

Boursorama reported that Berenberg kept its Buy rating while lifting the target from EUR 58.00 to EUR 61.00. The firm linked the change to Nordex's higher 2026 margin forecast and cited project execution and service-margin improvement.

onvista reported on October 15, 2026 that Jefferies raised its Nordex target from EUR 60.00 to EUR 63.00 and kept its Buy rating. That target is 65.57 percent above the Lang & Schwarz price, using both figures in euros.

Stock sits below its yearly high

Nordex traded within a 52-week range of EUR 21.86 to EUR 51.70 on October 21, 2026. The Lang & Schwarz price was 26.40 percent below the high and 74.06 percent above the low. Market capitalization stood at EUR 9.0 billion on the same date, while trading volume reached 46,459 shares.

November date sets the next marker

Nordex lists November 5, 2026 as the next publication date for its third-quarter statement and conference call, according to its investor-relations page. The company describes its business as the manufacture of onshore wind turbine systems and also highlights its service business.

Nordex price and valuation

The analyst targets provide a wide valuation spread around the October 21, 2026 price. Berenberg's EUR 61.00 target is EUR 22.95 higher, while Jefferies' EUR 63.00 target is EUR 24.95 higher. Nordex's price-to-earnings ratio was 23.15 on October 21, 2026, giving the market a valuation marker alongside the analyst views.

What the targets mean for Nordex

The two target increases differ in size but point to the same issue: analysts are placing greater weight on execution and margins than on the recent price level. For investors, the November 5, 2026 report is the next dated test of that view, especially because both target changes followed the company's improved 2026 margin outlook.

Nordex stock after the Xetra close

At EUR 38.05, the stock remained below both recent analyst targets while staying inside its 52-week range. The 0.61 percent gain versus the October 20, 2026 Xetra close was too small for a directional headline, but the target gap gives the session a clear valuation reference.

The further course of trading is shown by the continuously updated real-time quote of Nordex stock.