OTP sets HUF 3,057 target for PannErgy stock

Published on 10/14/2026 at 10:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PannErgy earned HUF 619 million in the first half of 2026, up 75 percent. PannErgy stock costs EUR 7.86 on October 14, 2026 before its dividend.

Dividend and earnings milestones

The first dividend tranche is scheduled for October 15, 2026.
OTP Bank kept its HUF 3,057 target on September 24, 2026.
PannErgy stock trades at EUR 7.86 at 10:00 a.m. CEST at Lang & Schwarz on October 14, 2026.

PannErgy, HU0000089867, Illustration mit AI erstellt.

PannErgy stock (ISIN HU0000089867) was trading at EUR 7.86 at Lang & Schwarz on October 14, 2026 at 10:00 a.m. CEST. According to OTP Bank on September 24, 2026, the 12-month target remained HUF 3,057, while the first dividend tranche was scheduled for October 15, 2026.

Three milestones shape the story

In January 2026, PannErgy set a consolidated IFRS EBITDA target range of HUF 4,300 million to HUF 4,450 million for the 2026 business year. Diplomacy and Trade reported on September 20, 2026 that the company generated HUF 4,375 million in consolidated sales revenue during the first half of 2026, up 6 percent from the base period.

The same report put consolidated EBITDA at HUF 1,661 million for the first half of 2026, while gross cash flow rose 2 percent to HUF 2,080 million. Net profit reached HUF 619 million, up 75 percent from HUF 353 million in the first half of 2025, creating a sharper earnings improvement than the nearly flat EBITDA result.

What does the dividend add?

OTP Bank said the first payment for the 2025 business year was due on October 15, 2026 at HUF 63.40 per share, with a second payment of HUF 74.60 per share scheduled for March 8, 2027. The two payments give the earnings story a defined cash-return timetable.

Reporting milestones in sequence

The January 2026 EBITDA range came first, followed by the September 20, 2026 half-year figures and the September 24, 2026 OTP analysis. Together, the dates connect the annual target, operating performance and shareholder payment schedule.

The next dated items are the October 15, 2026 first dividend payment and the March 8, 2027 second payment. For investors, the key tension is visible in the numbers: first-half revenue and net profit increased, while EBITDA remained close to the prior-year level.

Trading and company profile

PannErgy operates in geothermal heat production and is listed in Budapest under ticker PANNERGY.BD, according to Global Banking and Finance. The Lang & Schwarz quote stood at EUR 7.86 on October 14, 2026 at 10:00 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of PannErgy stock.