RWE bids for Uniper with KKR: RWE stock sits 5.11 percent below its 52-week high

Published on 10/06/2026 at 11:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RWE stock costs EUR 58.83 on October 6, 2026 versus EUR 58.71. Berenberg keeps its EUR 72.00 target and Buy rating on September 25, 2026.

RWE AG (DE0007037129) Flatlay mit Solarzelle, Werkzeugen, Schutzhelm und Energiebauplan auf Holztisch, Illustration mit AI erstellt.

RWE (ISIN DE0007037129) reportedly joined KKR in a non-binding bid for Uniper, while RWE stock stood 5.11 percent below its 52-week high of EUR 62.00 on October 6, 2026. As FinanzNachrichten.de reported on September 29, 2026, the offer would reverse an earlier statement from CEO Markus Krebber that RWE was not interested in buying Uniper.

Uniper bid changes the capital question

The report describes the offer as non-binding and says RWE and KKR were among several parties pursuing the German gas importer and power producer. That distinction matters: the proposal signals strategic interest, but it does not establish a transaction value or a completed acquisition.

RWE has also kept a large investment plan at the center of its strategy. A report by Boersen-Zeitung says the company plans EUR 42.0 billion of investment through 2031, making any Uniper move a question of capital allocation alongside its renewables and grid expansion.

Half-year earnings show sharper profit

The operating backdrop was stronger in the first half of 2026. FinanzNachrichten.de reported that adjusted EBITDA rose more than 40 percent to EUR 3.0 billion and adjusted net income reached EUR 1.3 billion. Adjusted earnings per share increased from EUR 1.08 to EUR 1.77 over the same period, a quantified improvement that gives the Uniper speculation a stronger earnings backdrop.

The next scheduled earnings date is November 11, 2026, according to Simply Wall St. That report should help investors compare the first-half profit trend with the companys full-year outlook.

Stock stays below its yearly high

RWE had a market capitalization of EUR 44.1 billion as of October 6, 2026, while its 52-week range was EUR 39.13 to EUR 62.00. Berenberg maintained a Buy rating and a EUR 72.00 price target in a note dated September 25, 2026, as reported by FinanzNachrichten.de.

RWE was trading at EUR 58.83 at Lang & Schwarz on October 6, 2026 at 11:12 a.m. CEST, plus 0.20 percent versus the Lang & Schwarz prior close of EUR 58.71 on October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of RWE stock.