RWE stock rises as Goldman and Jefferies lift targets to 75 EUR

RWE stock has moved to a four-month high after analysts raised their price targets to 75 EUR, highlighting improved earnings visibility and higher expected power prices. The stock remains a heavyweight in the DAX and a key name for investors in the European utilities sector.

RWE stock (ISIN DE0007037129) has climbed to a roughly four-month high, with the share recently trading at a little over 59.00 EUR on Xetra as of September 1, 2026, supported by fresh analyst upgrades that see upside to 75.00 EUR according to market data. On the same trading day, the stock also stood out in the German utilities space, with one market overview citing a level of 58.20 EUR and a daily gain of 1.2 percent as of September 2, 2026.

Analysts lift RWE targets to 75 EUR

According to an analysis summary reported by MarketScreener on September 1, 2026, Jefferies has raised its price target for RWE by 10 percent to 75.00 EUR per share and reiterated a Buy rating. The bank argues that higher expected power prices should support earnings per share in fiscal 2026 and 2027, with projected EPS of 3.14 EUR and 3.29 EUR, which it says are around 5 percent above the current market consensus at the midpoint.

A separate broker report described by a German analysis flash on September 1, 2026 also highlights the 75.00 EUR target and the reiterated Buy stance. The move from an earlier target of 68.00 EUR implies an increase of 7.00 EUR per share, or just over 10 percent, underlining the brokers more optimistic view on medium term earnings.

Goldman and other banks underline upside

Additional support for RWE stock comes from other investment banks. A report relayed by a German financial portal on September 1, 2026 notes that Goldman Sachs has lifted its price target for RWE from 71.00 EUR to 75.00 EUR while keeping a Buy rating. The new target is 4.00 EUR higher than the previous one, indicating that Goldman Sachs sees further upside even after the recent share price advance.

Commentary compiled by MarketScreener on September 1, 2026 points out that RWE shares were recently up just under 1 percent at slightly above 59.00 EUR, marking the highest level in around four months. The same article notes that the twin upgrades from Goldman Sachs and Jefferies have contributed to this move, with investors focusing on improving earnings visibility and the prospect of higher long term power prices in Europe.

Earnings snapshot and valuation context

An overview of RWE s latest reported quarter, summarized in an analyst comment on September 2, 2026, shows that for the quarter ending June 30, 2026, the company generated revenue of 3.34 billion EUR and a net profit of 1.54 billion EUR. In the same quarter a year earlier, revenue had amounted to 3.67 billion EUR while net profit was 663 million EUR, meaning that current revenue is about 9.0 percent lower year on year while net profit has more than doubled compared with the prior period.

The same data set suggests that RWE s net margin for the quarter ending June 30, 2026 is significantly higher than in the prior year, as net profit rose from 663 million EUR to 1.54 billion EUR despite lower revenue. For investors, this shift indicates that profitability has improved even in a slightly weaker top line environment, a factor that supports the positive view taken by analysts with price targets in the mid 70 EUR range.

Offshore wind and renewables portfolio

RWE is one of the largest producers of electricity from renewable sources in Europe, with a particular strength in offshore wind. In recent years, the company has expanded its portfolio of wind farms in the North Sea and other regions, positioning itself as a key player in the energy transition and the build out of low carbon generation capacity across the continent.

RWE stock and investor perspective

As of the last reported Xetra session on September 1, 2026, RWE stock traded at a little over 59.00 EUR, while another market snapshot referenced a level of 58.20 EUR and a 1.2 percent gain on September 2, 2026, underlining the stock s positive momentum in recent days.

RWE stock at a glance

• Company: RWE AG
• ISIN: DE0007037129
• WKN: 703712
• Ticker: RWE
• Trading venue: Xetra
• Price (as of September 1, 2026): 59.00 EUR
• Sector / Industry: Utilities / Electric Utilities
• Index membership: DAX