Nordex stock gets 389 MW order as November results near

Published on 10/07/2026 at 14:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nordex stock posted second-quarter revenue of EUR 2.2 billion, up 16.3 percent year over year. Fifteen analysts set a Buy consensus before November 5 results.

Isometrische Explosionszeichnung einer Windturbine mit Turm, Gondel, Getriebe und Rotorblättern — Nordex SE (DE000A0D6554) als isometrische 3D-Explosionszeichnung einer Windkraftturbine mit Turm, Gondel und Rotorblättern, Illustration mit AI erstellt.

Nordex stock was trading at EUR 36.42 on Xetra on October 7, 2026, up 0.66 percent from EUR 36.18. The company added 389 MW of Turkish orders, giving the share price a fresh operating signal before the next results date.

Turkey order adds 389 MW

According to MarketScreener on October 7, 2026, Nordex secured several contracts in Türkiye totaling 389 MW. The projects cover 56 Delta4000 turbines and include multi-year service agreements, with installation scheduled from 2027 through 2028.

The order is relevant beyond its megawatt figure because service contracts add recurring activity after turbine delivery. Nordex said the projects were tailored to local wind conditions and included energy-storage requirements, according to the same corporate announcement carried by MarketScreener.

Q2 margin sets the benchmark

Nordex reported second-quarter revenue of EUR 2.2 billion, up 16.3 percent year over year, while EBITDA more than doubled to EUR 223.8 million and the EBITDA margin reached 10.3 percent, according to Capital.com. Net income rose to EUR 111.5 million from EUR 31 million in the second quarter of 2025, making margin delivery the key test for the order momentum.

Analysts see room above EUR 36.42

The consensus is Buy among 15 analysts, with an average price target of EUR 49.31 and a published range of EUR 35 to EUR 60, according to Capital.com. The average target lies 35.4 percent above the October 7 price, while the range shows a wide gap between the most cautious and most optimistic views.

Jefferies kept a Buy rating and a EUR 60 target on September 30, 2026, but cited customer delays as a potential drag on the third quarter, as reported by FinanzNachrichten. That counter-factor matters because stronger orders do not automatically convert into quarterly revenue when customer schedules move.

November 5 marks the next test

Nordex's investor-relations calendar lists November 5, 2026, for publication of the Q3 2026 quarterly statement and its conference call, with the webcast scheduled for 2:00 p.m. CET, according to the company's Nordex investor-relations portal. The next report will show whether the 10.3 percent second-quarter EBITDA margin and the 389 MW order announcement are translating into continued execution.

Nordex stock trades at EUR 36.42

Nordex stock was trading at EUR 36.42 on Xetra on October 7, 2026, with a daily gain of 0.66 percent. The current price remains the market's immediate measure while investors weigh order growth against delivery timing.