SMA Solar opens Gigawatt Factory and SMA Solar stock gains 2.54 percent

Published on 10/02/2026 at 12:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SMA Solar stock costs EUR 60.63 on October 2, 2026 versus EUR 59.13. First-half 2026 sales reached EUR 687 million, while EBITDA rose to EUR 66 million.

Aquarellmalerei eines Firmensitzes mit Solarpanelen, Grünflächen und sanften Hügeln — SMA Solar Technology DE000A0DJ6J9 präsentiert den Firmenstandort in Aquarell-Optik mit Solarfeldern und Hügeln, Illustration mit AI erstellt.

SMA Solar stock (ISIN DE000A0DJ6J9) was trading at EUR 60.63 at Lang & Schwarz on October 2, 2026 at 12:08 p.m. CEST, up 2.54 percent versus the prior close of EUR 59.13. On September 17, 2026, SMA Solar opened its Gigawatt Factory in Niestetal, Germany, according to SMA Solar.

Factory targets 60 GW capacity

The new facility is designed for utility-scale technologies serving photovoltaic, storage, hybrid, hydrogen and data center applications. At full utilization, the factory has annual production capacity above 60 GW, giving SMA a larger platform for large-scale energy projects.

The investment is strategically important because the company's first-half numbers show a split operating picture. Sales in the Large Scale and Project Solutions division fell to EUR 542 million in the first half of 2026 from EUR 569 million in the first half of 2025, while the Home and Business Solutions division grew to EUR 145 million from EUR 116 million, according to Yahoo Finance on August 13, 2026.

Backlog supports second-half execution

Group sales reached EUR 687 million in the first half of 2026, compared with EUR 685 million in the first half of 2025. Operating group EBITDA before one-off effects increased to EUR 66 million from EUR 50 million, while free cash flow rose to EUR 72 million from EUR 66 million in the prior-year period.

The order book provides the clearest bridge from factory capacity to future revenue. SMA reported total order backlog of EUR 1.75 billion at June 30, 2026, versus EUR 1.16 billion at June 30, 2025, supported by EUR 567 million of large-scale order intake in the second quarter of 2026.

Guidance sets the next test

Management's 2026 outlook calls for revenue of EUR 1.625 billion to EUR 1.725 billion and EBITDA of EUR 180 million to EUR 230 million, as stated in the August 13, 2026 earnings-call transcript published by Yahoo Finance. The comparison investors will ultimately need is execution: the backlog is higher, but Large Scale revenue still declined year over year in the first half.

Stock trades above prior close

SMA Solar stock was trading at EUR 60.63 at Lang & Schwarz on October 2, 2026 at 12:08 p.m. CEST, plus 2.54 percent versus the Lang & Schwarz prior close of EUR 59.13. SMA Solar is listed in the Prime Standard of the Frankfurt Stock Exchange and is included in the TecDAX and SDAX indexes.

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