Vestas secures 101 MW in Germany as stock nears EUR 29.40 high
Published on 10/20/2026 at 13:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCorporate catalysts and dates
- The October 15, 2026 German agreements cover 101 MW and 14 turbines.
- Second-quarter 2026 revenue reached EUR 4.71 billion and the EBIT margin was 9.40 percent.
- Vestas Wind stock trades at EUR 24.74 at 1:34 p.m. CEST at Lang & Schwarz on October 20, 2026, 0.64 percent below the Xetra close of October 19, 2026.
- Third-quarter 2026 results are scheduled for November 10, 2026.
Vestas Wind (DK0061539921) secured 101 MW of German wind turbine orders on October 15, 2026, while its stock was trading at EUR 24.74 at Lang & Schwarz on October 20, 2026 at 1:34 p.m. CEST, 0.64 percent below the Xetra close of October 19, 2026 at EUR 24.90. The projects cover 14 turbines and put fresh attention on Vestas Wind stock ahead of its next results.
Germany adds 101 MW
According to SolarQuarter on October 15, 2026, the three German projects include six turbines for the 43 MW Auw bei Prüm project, four for the 29 MW Cottbus Ost project and four for the 29 MW Überhäsiges Viertel project. Each agreement includes a 20-year service contract.
The order is part of Vestas' third-quarter order intake, with deliveries scheduled from the second quarter of 2027 through the first quarter of 2028. That timing makes service revenue and execution more important than the headline capacity alone.
What do the results show?
Vestas reported EUR 4.71 billion of revenue and an EBIT margin before special items of 9.40 percent for the second quarter of 2026, according to the Vestas investor page. The same report listed EUR 3.40 billion of order intake and a combined order backlog of EUR 76.90 billion.
Three target changes set the tone
On August 12, 2026, Vestas reported EUR 4.71 billion of second-quarter revenue. On October 12, 2026, DNB Carnegie cut its target from DKK 260 to DKK 255 while retaining Buy, according to MarketScreener. On October 14, 2026, Barclays raised its target from DKK 110 to DKK 115 but kept an underweight rating, also reported by MarketScreener. The split between targets and ratings points to a divided assessment before the next report.
Next date for investors
Vestas' third-quarter 2026 earnings release is scheduled for November 10, 2026, according to the company calendar shown by MarketScreener. The order backlog, margin and order intake will be the key figures for judging whether the German contracts are part of a broader improvement.
Stock remains below its yearly high
The finance quote for VWSB.DE put Vestas at a 52-week range of EUR 15.96 to EUR 29.40 and a market capitalization of EUR 24.3 billion as of October 20, 2026. The current euro quote is below that high, while the new German orders add a concrete operating milestone to the upcoming results calendar.
Vestas Wind was trading at EUR 24.74 at Lang & Schwarz on October 20, 2026 at 1:34 p.m. CEST, 0.64 percent below the Xetra close of October 19, 2026 at EUR 24.90. The further course of trading is shown by the continuously updated real-time quote of Vestas Wind stock.
Vestas Wind stock facts
- Company: Vestas Wind Systems A/S
- ISIN: DK0061539921
- Ticker: VWSB
- Primary exchange: Nasdaq Copenhagen
- Price Lang & Schwarz (as of October 20, 2026, 1:34 p.m. CEST): EUR 24.74
- Change versus Xetra close: minus 0.64 percent
- Xetra close (October 19, 2026): EUR 24.90
- Market capitalization: EUR 24.3 billion (as of October 20, 2026)
- 52-week range: EUR 15.96-29.40 (as of October 20, 2026)
- Sector / Industry: Industrials / Industrial Machinery
- Next earnings date: November 10, 2026
Market context: Latest market reports.
