Nordex stock fell 3.18 percent on October 5 on Xetra

Published on 10/05/2026 at 23:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nordex stock posted a 10.3 percent EBITDA margin in Q2 2026, up from 5.8 percent. Its Austrian order covers 56 MW, eight turbines and 25 years of service.

Windpark mit mehreren Windkraftanlagen bei Sonnenaufgang über grünen Hügeln — Nordex SE (DE000A0D6554) symbolisiert durch fotorealistischen Windpark bei goldenem Sonnenaufgang über grünen Hügeln, Illustration mit AI erstellt.

Nordex stock (ISIN DE000A0D6554) was last at EUR 37.16 on Xetra on October 5, 2026, down 3.18 percent for the session. Nordex has scheduled its Q3 2026 statement for October 30, 2026, according to Nordex.

Q2 margin reached 10.3 percent

Nordex entered October with a materially improved Q2 earnings profile. Capital.com reports that Q2 2026 EBITDA reached EUR 223.8 million, lifting the EBITDA margin to 10.3 percent from 5.8 percent in Q2 2025, while net income rose to EUR 111.5 million from EUR 31.0 million.

The margin comparison matters because Nordex has paired stronger profitability with continued sales growth. The company confirmed its full-year 2026 guidance after the half-year report, with revenue of EUR 8.2 billion to EUR 9.0 billion and an EBITDA margin of 8.0 percent to 11.0 percent, as reported by Capital.com.

Order intake rose 32.2 percent

Operating momentum was also visible in the Projects business. Order intake increased 32.2 percent year over year to 3,054 MW in Q2 2026, while the total order book reached EUR 18.4 billion on June 30, compared with EUR 14.3 billion a year earlier, according to Capital.com.

A fresh Austrian contract adds a concrete service component. In its October 1, 2026 release, Nordex said WEB Windenergie ordered eight N175/6.X turbines with combined capacity of 56 MW and a 25-year Premium Service agreement. Commissioning is scheduled for 2028.

Analyst target stands above the share price

Capital.com cites a Buy consensus from 15 analysts, with an average price target of EUR 49.31 and individual targets ranging from EUR 35.00 to EUR 60.00. Against the EUR 37.16 Xetra price on October 5, 2026, the average target lies 32.7 percent above the share price.

The range shows where the debate sits. The higher targets reflect confidence in further margin expansion and order conversion, while the lower end captures execution risk and project delays. Jefferies retained a Buy rating and a EUR 60.00 target on September 30, 2026, while warning that customer delays could weigh on the third quarter, according to FinanzNachrichten.

Nordex stock stays below yearly high

Nordex was last at EUR 37.16 on Xetra on October 5, 2026, with a session range of EUR 37.16 to EUR 38.40 and a 52-week range of EUR 21.86 to EUR 51.70. Market capitalization stood at EUR 8.8 billion and trading volume reached 448,717 shares.