Nordex stock rises 4.05 percent as Q2 profit surges

Published on 09/25/2026 at 13:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nordex stock posted EUR 223.8 million in Q2 EBITDA on July 29, 2026, lifting its margin to 10.3 percent. RBC kept a EUR 36 target on September 23.

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Nordex stock (ISIN DE000A0D6554) was trading at EUR 40.10 on Xetra on September 25, 2026 at 1:16 p.m. CEST, up 4.05 percent from the prior close of EUR 38.54. The latest earnings picture remains powerful: Q2 2026 EBITDA reached EUR 223.8 million, compared with EUR 108.2 million a year earlier.

Q2 margin reaches 10.3 percent

According to Borse Express, Nordex lifted Q2 revenue by 16.3 percent year on year to EUR 2.18 billion. EBITDA rose from EUR 108.2 million to EUR 223.8 million, while the EBITDA margin advanced from 5.8 percent to 10.3 percent.

Net income also climbed from EUR 31.0 million to EUR 111.5 million in Q2 2026, according to the same report. Project order intake reached 3.05 gigawatts, up 32.2 percent, and the total order book stood at EUR 18.4 billion as of June 30, 2026.

RBC keeps a cautious target

The analyst picture is more divided than the operating figures. Finanzen.net reported on September 23, 2026 that RBC Capital Markets retained its Underperform rating and EUR 36 price target after an analyst event.

The RBC target is EUR 4.10 below the September 25 intraday price, a gap of 10.22 percent. That contrast leaves execution and margins as the central valuation issue: Nordex has improved profitability, while the target still prices in a lower assessment of the shares.

Stock remains below its yearly high

At EUR 40.10, the stock stood 22.44 percent below its 52-week high of EUR 51.70 and 87.38 percent above its 52-week low of EUR 21.40. The Xetra session range was EUR 38.80 to EUR 40.40, with volume at 98,407 shares as of 1:16 p.m. CEST.

Nordex reported a market capitalization of EUR 9,498,567,200 on September 25, 2026. The combination of stronger Q2 profitability and a EUR 36 RBC target gives the stock a clear split between operating momentum and valuation caution.