UBS upgrades Elia stock to Buy with EUR 147.00 target

Published on 10/06/2026 at 13:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Quarterly revenue reached EUR 2.56 billion versus EUR 1.09 billion. Elia stock costs EUR 117.40 on October 6, 2026 versus EUR 116.65.

Trading-Floor mit großen Bildschirmen und Energiesektor-Charts — Elia Group S.A. mit ISIN BE0003822393 im Börsen-Editorial-Stil zeigt Trading-Floor mit Energie-Charts auf Bildschirmen, Illustration mit AI erstellt.

Elia Group stock (ISIN BE0003822393) was trading at EUR 117.40 at Lang & Schwarz on October 6, 2026 at 12:54 p.m. CEST, up 0.64 percent from the prior close of EUR 116.65. According to The Globe and Mail on September 11, 2026, UBS upgraded Elia Group to Buy and set a EUR 147.00 price target.

UBS target leaves a measurable gap

The UBS target lies 25.21 percent above the Lang & Schwarz price, using the same euro currency for both figures. The upgrade gives the stock a specific valuation reference while the daily move remains below the 1.00 percent threshold required for a directional market headline.

Elia Group is a regulated electricity transmission operator active in Belgium and Germany. Its business combines regulated network earnings with investment in cross-border and offshore infrastructure, giving capital spending a direct role in the company story.

Revenue and profit set the operating base

In the second quarter of 2026, revenue reached EUR 2.56 billion compared with EUR 1.09 billion in the comparable period, while net profit was EUR 369.80 million versus EUR 142.05 million. The Globe and Mail identified the figures in Elia Group's earnings release for the quarter ended June 30, 2026.

The figures matter because the comparison combines higher revenue with higher net profit in the same reported quarter. Reuters reported on September 7, 2026 that Elia had reported higher first-half revenue and reiterated its full-year profit outlook.

Next results arrive November 27

Elia's investor-relations calendar lists the third-quarter 2026 statement for November 27, 2026. The company also reported on September 7, 2026 that the European Investment Bank had provided EUR 1.00 billion for the Princess Elisabeth energy island, a project tied to Belgium's offshore grid expansion.

For investors, the key balance is between the EUR 147.00 UBS target and the execution required by Elia's large transmission investments. The next company reporting date offers the clearest scheduled checkpoint for revenue, profit and project progress.

Elia stock trades below the UBS target

Elia Group stock was trading at EUR 117.40 at Lang & Schwarz on October 6, 2026 at 12:54 p.m. CEST, up 0.64 percent versus the Lang & Schwarz prior close of EUR 116.65. The further course of trading is shown by the continuously updated real-time quote of Elia stock.