RWE stock gains as the 2026 outlook rises

Published on 09/25/2026 at 12:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RWE stock traded at EUR 59.86 on September 25, 2026, up 1.18 percent on Xetra. First-half adjusted EBITDA reached EUR 3 billion.

Offshore-Windpark in der Nordsee bei goldenem Sonnenaufgang, ruhige See, Panorama — RWE AG (DE0007037129) Offshore-Windpark in der Nordsee bei goldenem Sonnenaufgang, ruhige See, Illustration mit AI erstellt.

RWE stock (ISIN DE0007037129) was trading at EUR 59.86 on Xetra on September 25, 2026, up 1.18 percent from the EUR 59.16 prior close. The move follows a stronger earnings outlook and fresh additions to RWE's renewable project pipeline.

119 MW enters wind pipeline

According to RWE on September 18, 2026, the company won contracts for two German onshore wind projects with a combined capacity of 119 megawatts. The awards cover the 84 MW Jüchen 3 project and the 35 MW Seedorf repowering project, with commissioning planned for 2028 subject to final investment decisions.

The project mix matters because Seedorf is designed to replace five existing turbines totaling 9 MW with five modern turbines totaling 35 MW. That lifts output at the site by 26 MW, while Jüchen 3 adds a new 84 MW development on recultivated mining land.

Half year lifts outlook

RWE's first-half 2026 adjusted EBITDA reached EUR 3 billion, an increase of more than EUR 900 million from the first half of 2025, according to Yahoo Finance. Offshore wind contributed adjusted EBITDA of EUR 810 million, while onshore wind and solar generated EUR 1.02 billion.

The company also raised its 2026 adjusted EBITDA guidance to EUR 5.57 billion-6.35 billion and expects adjusted net income of EUR 1.95 billion-2.45 billion. The midpoint of the adjusted EPS outlook is EUR 2.95, giving the market a clearer earnings framework than the project awards alone.

Analyst target stays above price

finanzen.net reported on September 1, 2026, that Goldman Sachs raised its RWE price target from EUR 71 to EUR 75 and maintained a Buy rating. At EUR 59.86, the new target lies 25.29 percent above the Xetra price, while the share remains EUR 2.14 below its 52-week high of EUR 62.00.

Stock trades below yearly high

RWE stock was trading between EUR 59.16 and EUR 60.06 on Xetra on September 25, 2026, with volume of 126,551 shares at the quoted time. Its market capitalization stood at EUR 44.88 billion, keeping the stock within 3.45 percent of its 52-week high while the upgraded earnings range and wind additions provide the main company-specific reference points.