Nordex stock: Jefferies raises Nordex stock target to EUR 63.00

Published on 10/19/2026 at 15:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nordex publishes full third-quarter results on November 5, 2026. Nordex stock costs EUR 38.48 on October 19, 2026, down 1.69 percent versus the Xetra close.

Target and trading date

Jefferies raised its Nordex target from EUR 60.00 to EUR 63.00 on October 15, 2026.
Nordex will publish its complete third-quarter results on November 5, 2026.
Nordex stock costs EUR 38.48 at Lang & Schwarz on October 19, 2026 at 3:02 p.m. CEST, 1.69 percent below the Xetra close of October 16, 2026.
Nordex had a market capitalization of EUR 9.1 billion and a P/E ratio of 23.51 as of October 19, 2026.

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.

Jefferies raised its target for Nordex from EUR 60.00 to EUR 63.00 and kept its Buy rating on October 15, 2026, according to onvista. The new target is 63.72 percent above Nordex stock at EUR 38.48. At Lang & Schwarz, the stock stood at EUR 38.48 on October 19, 2026 at 3:02 p.m. CEST, 1.69 percent below the Xetra close of October 16, 2026 at EUR 39.14.

Results date is November 5

Nordex will publish its complete third-quarter results on November 5, 2026, according to the company's investor-relations portal. The date follows preliminary third-quarter information issued on October 15, 2026, while the full release is scheduled to provide the complete quarterly figures.

The reporting date gives the analyst target a defined near-term checkpoint. Jefferies moved its target from EUR 60.00 to EUR 63.00 on October 15, 2026, a EUR 3.00 increase, while retaining the Buy rating, according to Markets Insider.

Nordex remains below its high

The current EUR 38.48 price is 25.57 percent below the 52-week high of EUR 51.70 and 75.94 percent above the 52-week low of EUR 21.86. Both range points and the current quote are dated October 19, 2026. Trading volume stood at 149,627 shares at 2:49 p.m. CEST, against an average volume of 537,798 shares.

Valuation and company scale

Nordex had a market capitalization of EUR 9.1 billion and a P/E ratio of 23.51 as of October 19, 2026. The company operates in the industrial machinery sector and designs, produces and services onshore wind turbines. The primary listing is on Xetra, and Nordex is a member of the MDAX and TecDAX.

Comparison with peers

Nordex: minus 1.69 percent, P/E 23.51, market capitalization EUR 9.1 billion.

Vestas Wind Systems (Nasdaq Copenhagen, DKK): minus 0.87 percent, P/E 23.54, market capitalization DKK 185.0 billion.

Siemens Energy (Xetra, EUR): minus 0.73 percent, P/E 43.10, market capitalization EUR 114.6 billion.

Price and the next checkpoint

The valuation comparison places Nordex near Vestas on trailing earnings multiples, while Siemens Energy trades at a higher P/E ratio. The November 5 reporting date is the next scheduled company checkpoint, and the EUR 63.00 Jefferies target remains the clearest dated analyst reference for the stock.

Nordex was trading at EUR 38.48 at Lang & Schwarz on October 19, 2026 at 3:02 p.m. CEST, 1.69 percent below the Xetra close of October 16, 2026 at EUR 39.14. The further course of trading is shown by the continuously updated real-time quote of Nordex stock.