Vestas reports third-quarter update and Goldman lifts Vestas Wind stock target
Published on 10/06/2026 at 12:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Vestas Wind Systems A/S (ISIN DK0061539921) reported a third-quarter trading update dated October 3, 2026, while Goldman Sachs raised its target from DKK 262 to DKK 263 and kept a Buy rating for Vestas on October 1, 2026. Vestas Wind stock was EUR 25.93 at Lang & Schwarz on October 6, 2026 at 12:43 p.m. CEST, down 0.12 percent versus the prior close of EUR 25.96.
Third-quarter update sets the frame
The official Nasdaq issuer report published on October 3, 2026 identifies the document as Vestas Wind Systems A/S Quarterly Trading Report 2026 Q3. The release is the latest dated company event in the available reporting sequence, ahead of the next earnings release listed for November 10, 2026 by MarketScreener.
Margins improved in the second quarter
Vestas reported EUR 4.7 billion of revenue in the second quarter of 2026 and an EBIT margin before special items of 9.4 percent, according to its investor materials dated August 12, 2026. The same release reported EUR 3.4 billion of order intake and a combined order backlog of EUR 76.9 billion, giving the margin improvement a broader order-base context.
The comparison is material: the second-quarter 2026 EBIT margin stood at 9.4 percent, versus 1.5 percent in the second quarter of 2025, while net income reached EUR 285 million versus EUR 34 million. Full-year 2026 guidance calls for an EBIT margin before special items of 7 percent to 9 percent, raised from 6 percent to 8 percent in the August report.
Analyst targets diverge
Goldman Sachs raised its target from DKK 262 to DKK 263 and kept Buy, citing cash generation, growth and the balance sheet in the note dated October 1, 2026, as reported by finanzen.at. JPMorgan kept an Overweight rating with a DKK 295 target in a note dated October 1, 2026, while flagging tariff uncertainty and lower large-order volume in the third quarter, also reported by finanzen.at.
Euro quote slips at midday
On Nasdaq Copenhagen, Vestas was trading at DKK 193.65 on October 6, 2026 at 12:47 p.m. CEST. The primary listing showed a DKK 119.45 to DKK 220.20 52-week range and a market capitalization of DKK 189.8 billion on the same finance snapshot, while the Lang & Schwarz euro quote was EUR 25.93 against EUR 25.96 previously.
The further course of trading is shown by the continuously updated real-time quote of Vestas Wind stock.
Vestas Wind Systems A/S at a glance
- Company: Vestas Wind Systems A/S
- ISIN: DK0061539921
- Ticker: VWS
- Primary exchange: Nasdaq Copenhagen
- Price Lang & Schwarz as of October 6, 2026, 12:43 p.m. CEST: EUR 25.93
- Change versus prior close: minus 0.12 percent
- Prior close Lang & Schwarz September 5, 2026: EUR 25.96
- Market capitalization: DKK 189.8 billion (as of October 6, 2026)
- 52-week range: DKK 119.45-220.20 (as of October 6, 2026)
- Sector / Industry: Industrials / Industrial Machinery
