SMA Solar stock gained 3.56 percent on October 2, 2026

Published on 10/04/2026 at 20:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SMA Solar stock is tied to 2026 revenue guidance of EUR 1.625 billion to EUR 1.725 billion after July 16. H1 operating EBITDA reached EUR 66 million.

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SMA Solar stock (ISIN DE000A0DJ6J9) was last at EUR 61.15 on Xetra on October 2, 2026, at 5:35 p.m. CEST, up 3.56 percent from the prior close of EUR 59.05. The market is weighing the company's H1 2026 improvement and raised full-year guidance, detailed in the Yahoo Finance transcript dated August 13, 2026.

H1 EBITDA rises to EUR 66 million

According to Yahoo Finance, SMA Solar generated EUR 687 million in group sales in H1 2026, compared with EUR 685 million in H1 2025. Operating EBITDA before one-off effects reached EUR 66 million, up from EUR 50 million a year earlier, while EBITDA including the reported positive effects rose to EUR 88 million from EUR 9 million.

The comparison matters because the earnings improvement was not driven by sales growth alone. SMA's H1 2026 operating result also reflected EUR 19 million in US tariff refunds, while the company continued to execute its restructuring and transformation program.

Guidance points to a stronger second half

Management's updated 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, according to the August 13, 2026 earnings-call transcript. The company also reported a total order backlog of EUR 1.75 billion at the end of June 2026, compared with EUR 1.16 billion one year earlier.

Free cash flow reached EUR 72 million in H1 2026, compared with EUR 66 million in the prior-year period. Management expects the third quarter to improve sequentially from the second quarter and plans the fourth quarter as the strongest quarter of 2026, although tariffs, foreign exchange and restructuring effects remain relevant variables.

Stock remains below the yearly high

SMA Solar's October 2 price of EUR 61.15 was EUR 9.55 below the 52-week high of EUR 70.70 and EUR 39.47 above the 52-week low of EUR 21.68. The session volume was 121,582 shares, and the market capitalization stood at EUR 2.1 billion on the same date.

Next report arrives in November

The investor-relations calendar lists the publication of SMA Solar's January to September 2026 quarterly report for November 12, 2026, together with an analyst and investor call, on the company's investor-relations page. Until then, the key test is whether the stronger order backlog converts into the second-half sales and profitability improvement embedded in guidance.