RWE stock gains 1.00 percent to EUR 58.72 in premarket
Published on 11/11/2026 at 08:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points for RWE investors
- RWE lifted adjusted EBITDA for the first nine months to EUR 4.6 billion from EUR 3.4 billion a year earlier.
- The company confirmed its 2026 guidance and expects adjusted earnings toward the upper end of its ranges.
- RWE and KKR completed a 50:50 joint venture for 2.8 gigawatts of UK offshore wind capacity.
RWE stock traded at EUR 58.72 on Lang & Schwarz at 8:22 a.m. CET on Wednesday, November 11, 2026, 1.00 percent above the Xetra close of Tuesday, November 10, 2026.
RWE reported a strong first nine months of 2026. In its earnings release, the energy company said adjusted EBITDA rose to EUR 4.6 billion from EUR 3.4 billion in the prior-year period. Adjusted net income increased to EUR 1.8 billion from EUR 1.3 billion, while adjusted earnings per share reached EUR 2.52 compared with EUR 1.77.
All segments contributed more than in the prior-year period. RWE cited newly commissioned assets, stronger European wind conditions and improved performance in Supply & Trading. The company also said it had invested EUR 10.7 billion net during the first nine months and reported net debt of EUR 17.0 billion at September 30.
RWE confirmed its 2026 targets, including adjusted EBITDA of EUR 5.75 billion to EUR 6.35 billion, adjusted net income of EUR 1.95 billion to EUR 2.45 billion and a dividend target of EUR 1.32. Management expects full-year earnings toward the upper end of the guidance ranges.
German equities remain the relevant market backdrop for RWE stock, as shown by the DAX.
RWE and KKR have also completed their 50:50 joint venture for the Vanguard West and Vanguard East offshore wind projects in the UK, which together have planned capacity of 2.8 gigawatts. Offshore construction is scheduled to begin in early 2027, with full commissioning expected in 2030.
