Enagas stock: Enagas reports EUR 204.10 million profit. Enagas stock keeps EUR 235.00 million target
Published on 10/23/2026 at 03:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSResults and strategic milestones
- Enagas posted EUR 204.10 million in net profit for the first nine months of 2026 on October 20, 2026.
- Recurring profit reached EUR 195.80 million against the EUR 235.00 million full-year target.
- Enagas stock closed at EUR 17.33 on October 22, 2026.
- Renta 4 maintained a EUR 20.30 price target on October 20, 2026.
Enagas (ISIN ES0130960018) posted net profit of EUR 204.10 million for the first nine months of 2026, while maintaining its full-year targets. In its October 20, 2026 release, Enagas said recurring profit after tax reached EUR 195.80 million and EBITDA stood at EUR 491.50 million.
Targets remain unchanged
The results show weaker year-on-year earnings but continued progress toward the companys 2026 objectives. Net profit included the positive effect of selling a 40 percent stake in Enagas Renovable, while the regulatory framework reduced regulated revenue by EUR 45.10 million, according to Enagas.
The company continues to target recurring net profit of EUR 235.00 million and EBITDA of EUR 620.00 million for fiscal year 2026. That leaves EUR 39.20 million between the nine-month recurring result and the annual target, with the company expecting regulated revenue to be recognized more heavily in the final quarter.
Three milestones and their figures
On September 28, 2026, Renta 4 raised its Enagas price target from EUR 17.70 to EUR 20.30 and kept an Overweight recommendation, citing the 2027 to 2032 regulatory framework, as CapitalBolsa reported. On October 16, 2026, the same house still cited a EUR 20.30 target before the results, according to CapitalBolsa. The October 20 results then showed EUR 204.10 million of net profit and EUR 491.50 million of EBITDA for the first nine months.
What does the target leave to deliver?
Recurring profit of EUR 195.80 million through September stands against the EUR 235.00 million full-year goal, while EBITDA of EUR 491.50 million is measured against EUR 620.00 million. The company also reported total revenue of EUR 696.70 million for the period, down 2.00 percent from EUR 711.20 million a year earlier, according to PCBolsa.
The next strategic date
Enagas plans to present a new strategic plan in the first half of 2027, with hydrogen infrastructure and investment priorities expected to shape the next phase, according to El Periodico.
Stock stays at the October close
Enagas last closed at EUR 17.33 on the Xetra on October 22, 2026. The figure provides the market reference alongside the companys unchanged earnings targets.
The further course of trading is shown by the continuously updated real-time quote of Enagas stock.
Enagas stock facts
- Company: Enagas, S.A.
- ISIN: ES0130960018
- Ticker: EG4
- Primary exchange: Xetra
- Last Xetra close: EUR 17.33 (as of October 22, 2026)
- Market capitalization: EUR 4.6 billion (as of October 22, 2026)
- 52-week range: EUR 13.02-EUR 17.94 (as of October 22, 2026)
- Sector / Industry: Utilities / Regulated Gas
Market context: Market report IBEX 35.
