OTP raises target for PannErgy stock to HUF 3,107

Published on 10/15/2026 at 10:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PannErgy will pay HUF 63.40 per share on October 15, 2026. PannErgy stock stands at EUR 7.78 on October 15, 2026.

Target revision and operating results

OTP lifted its 12-month PannErgy target to HUF 3,107 on October 7, 2026.
PannErgy posted HUF 619 million of net profit in the first half of 2026, up 75 percent year over year.
PannErgy stock trades at EUR 7.78 at 10:33 a.m. CEST at Lang & Schwarz on October 15, 2026.

PannErgy, HU0000089867, Illustration mit AI erstellt.

PannErgy stock (ISIN HU0000089867) stands at EUR 7.78 at Lang & Schwarz on October 15, 2026 at 10:33 a.m. CEST. OTP raised its 12-month target from HUF 3,057 to HUF 3,107 in an analysis dated October 7, 2026, according to Portfolio.

Target increase meets stronger earnings

The revised target followed PannErgy's first-half performance and the introduction of new regulated district-heating tariffs. OTP kept its Buy recommendation and said the 2026 earnings plan remained achievable, with the target increase partly offset by dividend considerations, Portfolio reported.

For the six months ended June 30, 2026, PannErgy reported HUF 4,375 million of revenue, up 6 percent from HUF 4,129 million. Net profit rose to HUF 619 million from HUF 353 million, a 75 percent increase, while operating profit reached HUF 517 million, according to OTP Bank.

Three milestones in the latest cycle

PannErgy reported HUF 619 million of net profit for the first half of 2026 on September 18, 2026. The company confirmed its HUF 4,300 million to HUF 4,450 million 2026 EBITDA plan on October 1, 2026. OTP then lifted its target to HUF 3,107 on October 7, 2026, according to Portfolio.

What does the dividend date add?

The first tranche of the dividend for fiscal year 2025 is scheduled for October 15, 2026 at HUF 63.40 per share. OTP also cited a second tranche of HUF 74.60 per share scheduled for March 8, 2027, OTP Bank said.

Budapest listing and current quote

PannErgy is listed in Budapest under ticker PANNERGY.BD and ISIN HU0000089867, with utilities as its sector, according to Global Banking and Finance. The listing is therefore primarily a Budapest market story, while the euro quote provides the German investor perspective.

PannErgy stock was trading at EUR 7.78 at Lang & Schwarz on October 15, 2026 at 10:33 a.m. CEST.