GNE, US3722842081

Genie Energy stock sits 2.81 percent below its 52-week high

Published on 10/20/2026 at 20:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted EBITDA guidance stays at USD 32.50-40.00 million for 2026. Genie Energy stock costs EUR 14.75 on October 20, 2026 at 8:36 p.m. CEST.

Price position and operating figures

Genie Energy stock stood below its 52-week high on October 20, 2026.
Adjusted EBITDA guidance remained USD 32.50-40.00 million for 2026.
Genie Energy stock cost EUR 14.75 at Lang & Schwarz on October 20, 2026 at 8:36 p.m. CEST.
Second-quarter revenue reached USD 100.40 million and net income USD 11.44 million.

GNE, US3722842081, Illustration mit AI erstellt.

Genie Energy (ISIN US3722842081) stood 2.81 percent below its 52-week high of USD 17.11 on October 20, 2026. The company maintained adjusted EBITDA guidance of USD 32.50-40.00 million for 2026, according to Zacks. Genie Energy was trading at EUR 14.75 at Lang & Schwarz on October 20, 2026 at 8:36 p.m. CEST.

Guidance stays in a wide range

The 2026 adjusted EBITDA outlook gives investors a range of USD 32.50 million to USD 40.00 million rather than a single operating target. The guidance was retained alongside the second-quarter report, while the latest quarter combined lower revenue with materially higher earnings.

Zacks reported that second-quarter revenue fell 4.60 percent year over year to USD 100.40 million, while net income rose to USD 11.40 million from USD 2.30 million. Earnings per share increased to USD 0.43 from USD 0.09, and gross margin expanded to 33.50 percent from 22.30 percent.

Stock remains near its yearly high

The USD 16.63 primary-market quote on October 20, 2026 at 2:38 p.m. ET placed the stock 2.81 percent below its USD 17.11 52-week high and 31.05 percent above its USD 12.69 low. The company had a market capitalization of USD 437.7 million and traded 15,493 shares at that timestamp.

Genie Energy serves residential and small-business customers with electricity and natural-gas plans in deregulated markets. Its investor page identifies the company as listed on the NYSE under GNE and describes Genie Retail Energy as its operating business. The company also has renewable-energy and energy-services activities.

Cash and earnings provide the counterweight

Cash, restricted cash and marketable equity securities totaled USD 204.30 million in the second quarter, while net debt stood at USD 6.80 million, according to Quartr. For investors, the central tension is clear: second-quarter revenue declined, but the gross-margin expansion and USD 11.40 million of net income strengthened the earnings profile.

Genie Energy and market context

Genie Energy supplies retail energy and related services, while its renewables businesses add smaller growth operations. The next market signal remains the distance to the yearly high, with the stock 2.81 percent below USD 17.11 on October 20, 2026.

Genie Energy was trading at EUR 14.75 at Lang & Schwarz on October 20, 2026 at 8:36 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Genie Energy stock.