SMA opens EUR 80 million factory: SMA Solar stock falls 1.71 percent

Published on 10/13/2026 at 09:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SMA set 2026 sales guidance at EUR 1.625-1.725 billion. SMA Solar stock costs EUR 58.78 on October 13, 2026, EUR 1.02 below Xetra EUR 59.80.

SMA opened a EUR 80 million Gigawatt Factory on September 17, 2026.
The facility is designed for more than 60 gigawatts of annual capacity at full utilization.
SMA Solar stock was at EUR 58.78 on October 13, 2026, 1.71 percent below the Xetra close of EUR 59.80.
SMA reported EUR 687 million in first-half 2026 sales and EUR 1.75 billion in order backlog.

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SMA Solar Technology AG opened its EUR 80 million Gigawatt Factory on September 17, 2026, while SMA Solar stock was at EUR 58.78 on October 13, 2026, 1.71 percent below the Xetra close of EUR 59.80. SMA America said the new facility will support photovoltaic, storage, hybrid, hydrogen and data center applications.

What does the factory add?

The Niestetal facility is designed for more than 60.00 gigawatts of annual capacity at full utilization. Its output will include central inverters, battery storage solutions and energy management systems for utility-scale projects, giving SMA additional manufacturing capacity in a business with a substantial order backlog.

The investment is strategically important because SMA is moving beyond individual components toward integrated energy systems. The company lists photovoltaic and battery inverters, energy management systems and electric vehicle charging solutions among its offerings, while its factory expansion targets large-scale infrastructure demand.

Three dated milestones

On July 16, 2026, SMA raised its 2026 sales guidance to EUR 1.625 billion-1.725 billion and its EBITDA guidance to EUR 180 million-230 million, according to the Yahoo Finance transcript. On August 13, 2026, the company reported first-half results, including EUR 687 million in sales and EUR 88 million in EBITDA, with tariff refunds and inventory effects affecting the figures.

On September 17, 2026, the Gigawatt Factory opened with an investment of EUR 80 million. The SMA America release puts the facility's capacity at more than 60.00 gigawatts and identifies utility-scale technology as its production focus.

Results date is November 12

SMA's investor-relations calendar lists November 12, 2026 for the January-to-September 2026 quarterly report and analyst call. The same calendar identifies SMA as listed on Xetra's Frankfurt market under ticker S92 and as a member of the TecDAX and SDAX indexes, according to the SMA Solar investor-relations page.

Revenue rose, but mix matters

First-half sales of EUR 687 million were close to the EUR 685 million recorded a year earlier, while EBITDA rose to EUR 88 million from EUR 9 million. The reported improvement included EUR 22 million from the sale of previously written-down inventory, EUR 19 million from U.S. tariff refunds and EUR 3 million from released restructuring provisions, so the headline profit improvement requires careful interpretation.

The order backlog reached EUR 1.75 billion at the end of June 2026, compared with EUR 1.16 billion a year earlier. That 50.86 percent increase gives the new factory a clear operational benchmark, but the first-half figures also show that Large Scale and Project Solutions revenue fell 5.00 percent to EUR 542 million, according to the Yahoo Finance transcript.

Stock trades below the Xetra close

At Lang & Schwarz, SMA Solar stock was trading at EUR 58.78 on October 13, 2026 at 9:44 a.m. CEST. That was EUR 1.02, or 1.71 percent, below the Xetra close of October 12, 2026 at EUR 59.80. The 52-week range was EUR 21.68 to EUR 70.70 as of October 13, 2026, and market capitalization was EUR 2.0 billion.

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