SMA Solar stock gains 3.85 percent as 60 GW factory opens

Published on 09/25/2026 at 17:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SMA Solar stock reported H1 2026 revenue of EUR 686.6 million and EBITDA before special items of EUR 65.9 million. Full-year guidance reaches EUR 1.725 billion in revenue.

Fabrikhalle mit Arbeitern an Wechselrichter-Fertigungslinie und Solarmodulen im Hintergrund — SMA Solar Technology DE000A0DJ6J9 zeigt eine moderne Fabrikhalle mit Wechselrichter-Fertigung und Solarmodulen, Illustration mit AI erstellt.

SMA Solar stock (ISIN DE000A0DJ6J9) was trading at EUR 58.00 on Xetra on September 25, 2026, up 3.85 percent from the prior close of EUR 55.85. The move came as the company brought a new production site into operation and investors assessed stronger first-half earnings.

Factory adds more than 60 GW

As finanzen.net reported on September 17, 2026, SMA Solar opened its new Gigawatt Factory in Niestetal. The facility is designed to produce inverter technology for large solar and energy projects and can reach annual capacity of more than 60 GW at full load.

The project carries strategic weight because SMA is expanding manufacturing capacity while demand for grid-connected solar, storage and energy infrastructure is rising. The company invested EUR 80 million in the factory, according to the same report, making the site one of its largest production investments.

H1 EBITDA rises from EUR 50.3 million

According to NTG24 on September 11, 2026, SMA Solar generated EUR 686.6 million in revenue in the first half of 2026. EBITDA before special items rose to EUR 65.9 million from EUR 50.3 million in the first half of 2025, while EBITDA including special items reached EUR 88.3 million.

The order backlog also increased to EUR 1.75 billion at the end of June 2026 from EUR 1.16 billion one year earlier, according to Yahoo Finance. That comparison gives the factory expansion a measurable demand backdrop, although the large-scale division recorded lower first-half revenue than in the prior-year period.

Guidance reaches EUR 1.725 billion

In the Q2 2026 earnings call, Yahoo Finance records that SMA raised its 2026 guidance on July 16, 2026. The company now expects revenue of EUR 1.625 billion to EUR 1.725 billion and EBITDA of EUR 180 million to EUR 230 million.

Analyst expectations remain higher than the current Xetra price. finanzen.net lists an average target of EUR 78.25, with Deutsche Bank at EUR 77.00 and a Buy rating dated August 17, 2026. The same overview lists Berenberg at EUR 60.00 and Jefferies targets of EUR 89.00 and EUR 87.00.

Stock gains on September 25

SMA Solar stock stood at EUR 58.00 on Xetra on September 25, 2026, with the 3.85 percent daily advance placing the share above its EUR 55.85 prior close. The next scheduled reporting event is the nine-month results on November 12, 2026.