UBS cuts Elia target to EUR 144: Elia Group stock sits 18.02 percent below target

Published on 10/02/2026 at 14:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UBS cut its Elia target from EUR 147 to EUR 144 on September 7, 2026. Elia Group stock costs EUR 118.05 after EUR 118.30.

Isometrische 3D-Illustration der Stromversorgungskette von Windkraft bis Stadt — Elia Group S.A. (BE0003822393) dargestellt als isometrische 3D-Grafik der Stromversorgungskette von Windkraft bis Stadt, Illustration mit AI erstellt.

UBS cut its Elia Group target from EUR 147 to EUR 144 on September 7, 2026, while keeping a Buy rating, according to Ideal Investor. Elia Group stock was trading at EUR 118.05 at Lang & Schwarz on October 2, 2026 at 2:30 p.m. CEST, down 0.21 percent versus the EUR 118.30 prior close.

Target remains above the quote

The revised target lies 21.98 percent above the Lang & Schwarz price, calculated from EUR 144.00 and EUR 118.05. That gap gives the analyst action a clear valuation angle, although the target itself was reduced by EUR 3.00 from the earlier level.

Elia Group operates regulated electricity transmission networks in Belgium and Germany. The company is positioned to benefit from grid expansion, but its large investment program also makes financing and execution important factors for the equity story.

First-half figures set the baseline

TradingView reported first-half 2026 revenue of EUR 2.56 billion and net income of EUR 348.70 million, with first-half earnings per share of EUR 3.19, according to TradingView. The reported revenue and earnings provide a current operating reference for the valuation discussion, while the share price remains below the revised target.

Elia also secured a EUR 1 billion European Investment Bank credit facility for the Princess Elisabeth energy island project, Reuters reported on September 7, 2026. The financing supports a major grid project and adds a concrete capital commitment to the company narrative, alongside the half-year financial figures.

Next report arrives in November

Elia's investor-relations calendar lists the third-quarter 2026 statement for November 27, 2026, while full-year 2026 results are scheduled for March 3, 2027. The November update will give investors a fresh checkpoint on earnings, project execution and the funding demands behind the group's grid expansion.

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