Orsted stock reports weak Q2 earnings as shares gain 3.30 percent

Published on 10/04/2026 at 12:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Orsted stock posted DKK 518.0 million in Q2 2026 net income, down 83 percent year over year. Analysts list a DKK 173.17 target against the DKK 139.45 close.

Flatlay mit Zertifikat, ISIN-Karte, Windradmodell, Helm und Seekarte auf Holztisch — Flatlay mit Aktienzertifikat, ISIN-Karte und Windturbinenmodell veranschaulicht Investment in Ørsted A/S, ISIN DK0060094928, Erneuerbare-Energien-Aktie, Illustration mit AI erstellt.

Orsted (DK0060094928) closed at DKK 139.45 on Nasdaq Copenhagen on October 2, 2026, up 3.30 percent, while Q2 2026 net income was DKK 518.0 million. The earnings comparison remains demanding for the offshore wind developer.

Q2 profit trails prior year

According to Simply Wall St on August 14, 2026, Q2 earnings per share were DKK 0.40, down from DKK 7.30 in Q2 2025. Net income fell 83 percent year over year to DKK 518.0 million, while the profit margin was 2.5 percent compared with 18 percent a year earlier.

The figures put the stock move into perspective: operating performance improved enough to keep the company profitable in the quarter, but the sharp margin contraction leaves less room for execution setbacks. Orsted is also carrying a large investment profile, making cash generation and project delivery important variables for the next results update.

Analyst targets remain above the market

The consensus on MarketScreener lists an Outperform rating from 25 analysts, an average target of DKK 173.17, a high target of DKK 220.00 and a low target of DKK 130.00. The average target lies 24.18 percent above the DKK 139.45 reference price.

On September 18, 2026, MarketScreener reported that ABG Sundal Collier upgraded Orsted to Buy from Hold and raised its target to DKK 180 from DKK 160. That target is 29.08 percent above the October 2 reference price, but the consensus low of DKK 130.00 shows that analyst views remain divided.

November results set the next checkpoint

MarketScreener lists November 5, 2026, as the date for Orsted's Q3 2026 earnings release. The report will show whether the Q2 margin pressure was temporary and whether the higher analyst targets can be supported by operating results.

Orsted stock closes at DKK 139.45

Orsted stock closed at DKK 139.45 on Nasdaq Copenhagen on October 2, 2026, with a daily gain of 3.30 percent. The 52-week range was DKK 111.00 to DKK 172.20, market capitalization was DKK 184.2 billion and volume was 799,789 shares.