OTP raises target for PannErgy stock from HUF 3,057 to HUF 3,107

Published on 10/08/2026 at 14:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Net profit reached HUF 619 million in the first half of 2026. PannErgy stock costs EUR 7.73 on October 8, 2026 after EUR 7.69, plus 0.52 percent.

PannErgy, HU0000089867, Illustration mit AI erstellt.

PannErgy stock (ISIN HU0000089867) was at EUR 7.73 at Lang & Schwarz on October 8, 2026 at 2:32 p.m. CEST, up 0.52 percent from the EUR 7.69 prior close. According to Portfolio, OTP raised its 12-month target for PannErgy from HUF 3,057 to HUF 3,107 in an analysis dated October 7, 2026.

Three milestones shape the year

On September 18, 2026, PannErgy reported HUF 4,375 million in consolidated sales revenue for the first half of 2026, up 6 percent from HUF 4,129 million a year earlier, as Diplomacy and Trade reported.

On October 1, 2026, new regulated heat tariffs took effect, while PannErgy reaffirmed its 2026 consolidated EBITDA target range of HUF 4,300 million to HUF 4,450 million, according to Portfolio.

On October 7, 2026, OTP lifted its PannErgy target from HUF 3,057 to HUF 3,107, a 1.60 percent increase, as reported by Portfolio.

What supports the target increase?

The numerical improvement came alongside a sharp rise in profit. PannErgy recorded HUF 619 million of consolidated net profit in the first half of 2026, compared with HUF 353 million in the first half of 2025, while EBITDA was HUF 1,661 million versus HUF 1,672 million, according to Diplomacy and Trade.

That mix matters for the new target: net profit benefited from financial gains, while operating performance remained more stable than the headline profit increase. OTP said the tariff changes should have a limited annual earnings effect because the regulated pricing also reflects costs, according to Portfolio.

Dividend dates set the next marker

The next scheduled corporate date is October 15, 2026, when PannErgy is due to pay the first dividend tranche of HUF 63.40 per share. The second tranche is scheduled for March 8, 2027, according to OTP Bank; the October 15 payment date is also listed by InterCapital.

Stock trades higher in euros

At Lang & Schwarz, PannErgy was trading at EUR 7.73 on October 8, 2026 at 2:32 p.m. CEST, up 0.52 percent versus the EUR 7.69 prior close. The reference price is an intraday euro indication for investors tracking the Budapest-listed utility, while OTP's HUF 3,107 target uses a different currency and cannot be compared directly with the Lang & Schwarz quote. The further course of trading is shown by the continuously updated real-time quote of PannErgy stock.