PNE cut 2026 EBITDA guidance: PNE stock trades 1.77 percent lower
Published on 10/20/2026 at 13:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSForecast and operating evidence
- PNE lowered 2026 EBITDA guidance to EUR 60 million to EUR 75 million on October 13, 2026.
- First-half 2026 normalised EBITDA reached EUR 27.4 million versus EUR 4.7 million in the prior-year period.
- PNE stock trades at EUR 5.54 at 1:30 p.m. CEST at Lang & Schwarz on October 20, 2026, 1.77 percent below the Xetra close of October 19, 2026.
PNE stock (ISIN DE000A0JBPG2) was trading at EUR 5.54 at Lang & Schwarz on October 20, 2026, at 1:30 p.m. CEST, down 1.77 percent versus the Xetra close of October 19, 2026 at EUR 5.64. On October 13, 2026, PNE cut its 2026 EBITDA guidance to EUR 60 million to EUR 75 million, according to Deutsche Börse.
Three dated operating steps
On August 13, 2026, PNE reported first-half revenue of EUR 96.8 million, up from EUR 73.9 million in the prior-year period, and normalised EBITDA of EUR 27.4 million versus EUR 4.7 million. On September 29, 2026, the company announced a 153 MW Polish wind project sale, as reported by FinanzNachrichten.de. On October 13, 2026, the revised EBITDA range was published by Deutsche Börse.
What does the reset mean?
The company previously guided to consolidated EBITDA of EUR 90 million to EUR 120 million and normalised EBITDA of EUR 110 million to EUR 140 million for fiscal year 2026. The new ranges therefore reduce the lower and upper ends of the consolidated target by EUR 30 million and EUR 45 million, respectively. PNE attributed the change to slower transaction processes, delayed permitting and a decision to retain certain operating wind farms rather than sell them in 2026.
The operating base still contains measurable activity. PNE said it had sold eleven projects in Germany, Poland and France by October 13, 2026, while permits covered ten German wind projects. Independent coverage from reNEWS also reported the reduced guidance and the shift of some earnings contributions into 2027.
Stock trades below Xetra close
The market reaction keeps the revised forecast central to the stock discussion. First-half normalised EBITDA of EUR 27.4 million was 483.00 percent above EUR 4.7 million in the prior-year period, but the full-year outlook now depends more heavily on project timing.
PNE stock was trading at EUR 5.54 at Lang & Schwarz on October 20, 2026, at 1:30 p.m. CEST, 1.77 percent below the Xetra close of October 19, 2026 at EUR 5.64. The further course of trading is shown by the continuously updated real-time quote of PNE stock.
PNE stock key facts
- Company: PNE AG
- ISIN: DE000A0JBPG2
- WKN: A0JBPG
- Ticker: PNE3
- Primary exchange: Xetra
- Price Lang & Schwarz (as of October 20, 2026, 1:30 p.m. CEST): EUR 5.54
- Change versus Xetra close: minus 1.77 percent
- Xetra close (October 19, 2026): EUR 5.64
- Sector / Industry: Renewable energy / wind and photovoltaic project development
- Index membership: SDAX
Market context: Market report SDAX.
