TK Nucera stock gains 1.27 percent after guidance reset

Published on 10/04/2026 at 14:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

TK Nucera stock faces fiscal 2026 EBIT guidance of EUR -105 million to EUR -75 million after the SOEC decision. Q3 order intake reached EUR 81 million, up 29 percent year over year.

Flatlay mit Aktienzertifikat, ISIN-Karte, Elektrolysezelle und Wasserstoffmolekül-Modell — ThyssenKrupp Nucera (DE000NCA0001) symbolisiert dieses Flatlay mit Aktienzertifikat, ISIN-Karte, Elektrolyse-Modell und Schutzhandschuhen, Illustration mit AI erstellt.

TK Nucera stock (ISIN DE000NCA0001) was last at EUR 8.78 on Xetra on October 2, 2026, up 1.27 percent from the prior close and 26.2 percent below its 52-week high of EUR 11.90. The latest strategic reset puts fiscal 2026 earnings guidance at the center of the investment case.

SOEC decision resets earnings outlook

As IndexBox reported on October 2, 2026, thyssenkrupp nucera abandoned plans for in-house mass production of solid oxide electrolysis cell stacks. The decision is expected to produce a one-time EUR 30 million EBIT impact in the fourth quarter, while fiscal 2026 EBIT guidance moved from EUR -80 million to EUR -30 million to EUR -105 million to EUR -75 million.

The same report puts fiscal 2026 sales guidance at EUR 450 million to EUR 500 million, versus EUR 450 million to EUR 550 million previously. Green hydrogen sales guidance was also reduced to EUR 100 million to EUR 130 million from EUR 120 million to EUR 170 million, while the Chlor-Alkali outlook stayed unchanged.

Chlor-Alkali carries the numbers

The Q3 and nine-month fiscal 2025/2026 conference transcript published by Yahoo Finance on August 12, 2026, shows Q3 order intake of EUR 81 million, up 29 percent year over year. Chlor-Alkali contributed EUR 78 million, up 56 percent, while group sales fell 21 percent year over year to EUR 145 million.

The contrast is important: Chlor-Alkali sales rose 34 percent year over year to EUR 109 million, while green hydrogen sales declined to EUR 36 million from EUR 103 million. The order backlog stood at EUR 638 million at the end of June 2026, giving the profitable segment a larger role while hydrogen project timing remains uneven.

Consensus target stays above price

Eulerpool lists a Buy consensus from 18 analysts, with 12 Buy ratings, 5 Holds and 1 Sell, plus a median price target of EUR 10.46. Against the EUR 8.78 Xetra price on October 2, 2026, that median target lies 19.4 percent above the reference price.

The next dated company event is the Kepler Cheuvreux Energy Services Conference on October 7, 2026, according to the thyssenkrupp nucera investor calendar. For investors, the key balance is clear: Chlor-Alkali order momentum and cash generation must offset weaker hydrogen sales and the SOEC charge.

TK Nucera stock remains below yearly high

TK Nucera stock was last at EUR 8.78 on Xetra at 5:35 p.m. CEST on October 2, 2026, with a market capitalization of EUR 1.1 billion and volume of 45,912 shares. Its 52-week range was EUR 6.87 to EUR 11.90.