Contact Energy reports NZD 423 million profit: target for Contact Energy stock is NZD 11.19
Published on 10/13/2026 at 06:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- Contact Energy reported NZD 423 million net profit for fiscal 2026 at its September 16 AGM.
- FY2026 operating earnings reached NZD 1,011 million, while renewable generation rose to 98 percent.
- TipRanks cited a NZD 11.19 analyst target for Contact Energy stock.
- The latest market capitalization was NZD 9.0 billion as of October 13, 2026.
Contact Energy (ISIN NZCENE0001S6) reported NZD 423 million net profit for fiscal 2026 at its September 16, 2026 annual meeting. TipRanks cited a NZD 11.19 price target for Contact Energy stock on September 15, 2026.
Three milestones shaped fiscal 2026
On February 16, 2026, Contact Energy announced an equity raise of NZD 525 million to support renewable investment, according to Contact Energy. At the September 16, 2026 annual meeting, the company reported NZD 423 million of fiscal 2026 net profit and an annual dividend of NZD 0.40 per share, according to Quartr. On September 17, 2026, Contact Energy released its August operating report through NZX; Colitco reported mass-market electricity and gas sales of 550 GWh, up from 454 GWh in August 2025.
What does renewable growth mean for earnings?
Contact Energy's fiscal 2026 operating earnings reached NZD 1,011 million, up 31 percent from NZD 774 million in fiscal 2025, while net profit rose 62 percent from NZD 261 million to NZD 423 million. The comparison matters because the gain came alongside a renewable generation share of 98 percent, versus 81 percent five years earlier, according to Quartr.
The Manawa integration expanded renewable supply and helped shift the earnings mix toward generation assets with lower fuel exposure. The counterweight is capital intensity: Contact Energy's investor centre identifies the February equity raise and lists December 31, 2026 as the half-year end, keeping project delivery and funding central to the next update.
Upcoming reporting dates
Contact Energy's next half-year period ends on December 31, 2026, according to Contact Energy. Intelligent Investor lists February 15, 2027 as the next interim report date.
Stock valuation and market position
Contact Energy was last quoted at NZD 8.45 on the NZX on October 13, 2026 at 5:00 p.m. NZDT. Its market capitalization was NZD 9.0 billion on that date, while the 52-week range stood at NZD 8.38 to NZD 9.99. The company operates in New Zealand utilities and generates and sells electricity and natural gas through its wholesale and customer businesses.
Contact Energy trades on the NZX under CEN and is also listed on the ASX, according to Global Banking and Finance. The company serves more than 650,000 customer connections, while its generation portfolio combines hydro, geothermal and thermal assets.
The further course of trading is shown by the continuously updated real-time quote of Contact Energy stock.
Contact Energy stock facts
- Company: Contact Energy Limited
- ISIN: NZCENE0001S6
- Ticker: CEN
- Primary exchange: NZX
- Market capitalization: NZD 9.0 billion (as of October 13, 2026)
- 52-week range: NZD 8.38-NZD 9.99 (as of October 13, 2026)
- Sector / Industry: Utilities / Renewable Utilities
- Next earnings date: February 15, 2027
Market context: Latest market reports.
