Deutsche Bank raises target for Neste stock to EUR 35 from EUR 33
Published on 10/18/2026 at 12:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTargets and reporting date
- Deutsche Bank raised its Neste target from EUR 33.00 to EUR 35.00 on October 16, 2026.
- The bank expects EUR 5.58 billion revenue and EUR 1.14 billion comparable EBITDA for the upcoming report.
- Neste market capitalization stood at EUR 25.2 billion as of October 16, 2026.
Neste (ISIN FI0009013296) faces a higher analyst target ahead of its next quarterly report. According to Placera on October 16, 2026, Deutsche Bank raised its target for Neste from EUR 33.00 to EUR 35.00 while repeating a Hold rating.
Target move sets the tone
The revised target reflects a more constructive earnings view, but the unchanged Hold rating keeps the message measured. Deutsche Bank expects revenue of EUR 5.58 billion for the upcoming quarter, an increase of 23.00 percent, and comparable EBITDA of EUR 1.14 billion, up 115.00 percent, according to the same October 16, 2026 report.
The bank linked the expected improvement to recovering margins in renewable products and strong refining margins. It also identified less favorable hedging effects and lower output after the Porvoo refinery outage as factors that could weigh against the previous quarter.
What does October 29 mean?
Neste is scheduled to present results for the quarter ended September 30, 2026, on October 29, 2026, according to finanzen.net. The report will test whether higher margins can support the sharp improvement built into current estimates.
That estimate set is also substantial. Eleven analysts expect revenue of EUR 5.34 billion, compared with EUR 4.53 billion in the year-earlier quarter, a projected increase of 17.76 percent. Ten analysts expect earnings per share of EUR 0.89, versus EUR 0.14 a year earlier, according to finanzen.net on October 14, 2026.
Renewables remain central
Neste describes its business as a combination of renewable alternatives for transport, business and consumers with conventional oil products from its Porvoo refinery. The company says its strategy centers on renewable fuels and difficult-to-refine raw materials, making margin performance a key link between its operating model and the analyst estimates.
Market value and next date
Neste market capitalization stood at EUR 25.2 billion as of October 16, 2026. The company is listed on Nasdaq Helsinki, and the October 29, 2026 results date is the next clearly identified reporting event.
The further course of trading is shown by the continuously updated real-time quote of Neste stock.
Neste stock facts
- Company: Neste Oyj
- ISIN: FI0009013296
- Ticker: NESTE
- Primary exchange: Nasdaq Helsinki
- Market capitalization: EUR 25.2 billion (as of October 16, 2026)
- Sector / Industry: Energy / Oil and Gas Refining and Marketing
Market context: Market report Euro Stoxx 50.
