Inderes reiterates EUR 33 target for Wartsila stock

Published on 10/20/2026 at 13:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Half-year order intake rose 33.00 percent to EUR 2,849 million. Wartsila stock costs EUR 27.55 on October 20, 2026 against a EUR 16.9 billion market value.

Targets, results and reporting dates

Inderes reiterated a EUR 33.00 target on October 19, 2026.
April-June 2026 order intake rose 33.00 percent to EUR 2,849 million.
Wartsila stock was trading at EUR 27.55 at Lang & Schwarz on October 20, 2026 at 1:41 p.m. CEST.
The next interim report is scheduled for October 27, 2026.

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Wartsila (ISIN FI0009003727) was trading at EUR 27.55 at Lang & Schwarz on October 20, 2026 at 1:41 p.m. CEST. On October 19, 2026, Inderes reiterated an Accumulate recommendation and a EUR 33.00 target price.

Targets are moving higher

Inderes expects Wartsila to raise its financial targets at the Capital Markets Day on November 3, 2026. The analyst expects an EBIT margin target of 16.00 to 17.00 percent or higher by 2030, compared with the previous 14.00 percent target.

The same preview projects revenue growth above 10.00 percent annually for 2027 through 2030. Inderes also raised its EBIT estimates for 2028 through 2030 by 5.00 to 11.00 percent, while warning that higher supply could weaken pricing power in new equipment.

Three dates shape the setup

On July 21, 2026, Wartsila reported April-June order intake of EUR 2,849 million, up 33.00 percent, and comparable operating result of EUR 218 million, up 7.00 percent. On October 1, 2026, the company estimated the Energy Storage joint venture would reduce 2026 operating profit by EUR 10 million to EUR 15 million, according to Wartsila. On October 19, 2026, Inderes set the EUR 33.00 target ahead of the strategy event.

What comes next for margins?

The next test is the September 2026 interim report, due on October 27, 2026, followed by the Capital Markets Day on November 3, 2026. Wartsila said the report will be published at 8:30 a.m. Finnish time. Investors will therefore have two dated checkpoints for judging whether Energy growth can support the proposed margin expansion.

Trading level stays central

Wartsila stock was trading at EUR 27.55 at Lang & Schwarz on October 20, 2026 at 1:41 p.m. CEST. A separate market profile placed the October 19, 2026 value at EUR 16.9 billion and showed a 52-week range of EUR 25.00 to EUR 40.75.

The further course of trading is shown by the continuously updated real-time quote of Wartsila stock.