PGE stock trades at EUR 3.96, 0.52 percent below yearly high

Published on 10/14/2026 at 14:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Recurring EBITDA rose 21.00 percent in the second quarter. PGE stock costs EUR 3.96 on October 14, 2026, up 0.06 percent on the day on the GPW.

Market level and valuation

On October 14, 2026, PGE stock stood 0.52 percent below its GPW yearly high.
Recurring EBITDA rose 21.00 percent to PLN 3.96 billion in the second quarter of 2026.
PGE stock costs EUR 3.96 at Lang & Schwarz on October 14, 2026 at 2:12 p.m. CEST, up 0.06 percent on GPW versus the prior close of October 13, 2026.
Fintel raised its average one-year target to PLN 12.95 on October 3, 2026 from PLN 11.59.

PGE, PLPGER000010, Illustration mit AI erstellt.

PGE stock traded at EUR 3.96 at Lang & Schwarz on October 14, 2026 at 2:12 p.m. CEST. On the GPW, PLN 17.30 stood PLN 0.09, or 0.52 percent, below the PLN 17.39 yearly high. The Polish utility's market position therefore remains close to the top of its 52-week range, while the euro quote provides the reference for German investors.

Second-quarter earnings improve

Recurring EBITDA rose 21.00 percent year over year to PLN 3.96 billion in the second quarter of 2026, according to the Yahoo Finance transcript published on September 16, 2026. The same presentation described capital expenditures of PLN 2.46 billion, up 4.00 percent from the second quarter of 2025, linking the stronger operating result to continued investment in generation and distribution.

PGE also reported PLN 2.02 billion in net income for the second quarter of 2026 in the same earnings discussion. One-off items included a PLN 135 million provision release and PLN 311 million of impairment write-offs, so recurring EBITDA gives a cleaner view of the operating trend than reported profit alone.

Price stays near yearly high

The GPW quote was PLN 17.30 at 2:04 p.m. CEST on October 14, 2026, up 0.06 percent from PLN 17.29 on October 13, 2026. Trading volume reached 1,405,079 shares against an average of 3,916,966, while the PLN 8.21 to PLN 17.39 52-week range places the stock 0.52 percent below its high.

For the euro perspective, the Lang & Schwarz quote was EUR 3.96 at 2:12 p.m. CEST on October 14, 2026. The two quotations use different venues and currencies, so the GPW percentage is kept separate from the euro price.

Valuation and analyst target

PGE's market capitalization was PLN 38.8 billion on October 14, 2026, with a price-to-earnings ratio of 5.07. Fintel reported on October 3, 2026 that the average one-year target rose from PLN 11.59 to PLN 12.95. At PLN 17.30, the price lies 25.14 percent above that target, making the analyst consensus a counterweight to the stock's position near its yearly high.

Comparison with peers

PGE (GPW, PLN): plus 0.06 percent, P/E 5.07, market capitalization PLN 38.8 billion.
Tauron Polska Energia (GPW, PLN): minus 0.96 percent, P/E 6.01, market capitalization PLN 17.0 billion.
Enea (GPW, PLN): minus 0.62 percent, P/E 8.58, market capitalization PLN 11.9 billion.

Euro quote and Polish listing

At Lang & Schwarz, PGE was trading at EUR 3.96 on October 14, 2026 at 2:12 p.m. CEST, up 0.06 percent on the GPW versus the prior close of PLN 17.29 on October 13, 2026. The difference in currencies means the daily percentage describes the GPW listing, while EUR 3.96 is the euro quote for investors in Germany. The further course of trading is shown by the continuously updated real-time quote of PGE stock.