Solidus sets EUR 57 target for Metlen Energy & Metals stock

Published on 10/20/2026 at 13:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Metlen Energy & Metals stock costs EUR 47.89 at Lang & Schwarz on October 20, 2026. First-half revenue reached EUR 3.987 billion.

Valuation and operating base

On October 19, 2026, Solidus Securities set a EUR 57.00 target and kept its Buy rating.
First-half 2026 revenue reached EUR 3.987 billion, while EBITDA rose 24.00 percent to EUR 550.00 million.
Metlen Energy & Metals stock trades at EUR 47.89 at 1:46 p.m. CEST at Lang & Schwarz on October 20, 2026.
Metlen's next scheduled trading update is November 5, 2026.

Metlen Energy & Metals, GB00BTQGS779, Illustration mit AI erstellt.

Metlen Energy & Metals (GB00BTQGS779) was valued at EUR 47.89 at Lang & Schwarz at 1:46 p.m. CEST on October 20, 2026. The latest analyst catalyst came on October 19, 2026, when Solidus Securities set a EUR 57.00 target and maintained its Buy rating, according to Euro2day.

Solidus values new growth areas

Solidus assigned a combined EUR 3.70 per share to defense and space, battery storage, and gallium in its base case. The report put the largest contribution at EUR 2.70 per share for defense and space, followed by EUR 0.60 for battery storage and EUR 0.50 for gallium, according to Euro2day.

The valuation rests on operating execution as well as the new businesses. Solidus said Metlen would need to reach EBITDA of EUR 1.35 billion in 2027, while its 2026 EBITDA forecast was EUR 1.05 billion to EUR 1.10 billion inside company guidance of EUR 1.00 billion to EUR 1.15 billion.

Three dated operating milestones

On October 15, 2026, Metlen and Karatzis Group inaugurated a 330 MW and 790 MWh battery storage facility in Larissa, with Metlen holding 49.00 percent of the joint vehicle, according to Metlen Energy and Metals. On October 16, 2026, Enerdata reported that the project had been commissioned. On October 19, 2026, Solidus set its EUR 57.00 target, making valuation the latest milestone.

What comes next for reporting?

Metlen's investor-relations calendar schedules the announcement of its nine-month 2026 trading update for November 5, 2026. The first-half 2026 figures provide the operating base: revenue was EUR 3.987 billion, up 11.00 percent year over year, EBITDA was EUR 550.00 million, up 24.00 percent, and net profit was EUR 313.00 million, up 23.00 percent, according to Euro2day. Net debt to EBITDA fell to 1.70 from 3.10 at the end of 2025, although Solidus noted non-recurring transactions, legacy contract costs, and customer advances as factors in the comparison.

Stock valuation and trading view

Metlen's primary listing is on the London Stock Exchange under ticker MTLN.L, and the company is a constituent of the FTSE 100, according to Trivano. The business combines energy operations with metals activities, so the next trading update will help investors assess whether storage, defense, and gallium are translating into the earnings trajectory behind the target.

Metlen Energy & Metals was trading at EUR 47.89 at Lang & Schwarz on October 20, 2026 at 1:46 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Metlen Energy & Metals stock.