Berenberg lifts target for Nordex stock from EUR 58.00 to EUR 61.00

Published on 10/27/2026 at 16:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nordex will publish full third-quarter results November 5, 2026. Nordex stock costs EUR 37.12 on October 27, 2026, up 0.54 percent versus the Xetra close.

Analyst target and reporting date

Berenberg raised its Nordex target to EUR 61.00 from EUR 58.00 in research dated October 16, 2026.
Nordex will publish full third-quarter results on November 5, 2026.
Nordex stock costs EUR 37.12 at Lang & Schwarz on October 27, 2026 at 4:07 p.m. CEST, up 0.54 percent versus the EUR 36.92 Xetra close.

Nordex, DE000A0D6554, Illustration mit AI erstellt.

Nordex (ISIN DE000A0D6554) faces a Berenberg target of EUR 61.00, raised from EUR 58.00 in research dated October 16, 2026. As MarketScreener reported, the bank kept its Buy rating. At Lang & Schwarz, Nordex stock was trading at EUR 37.12 on October 27, 2026 at 4:07 p.m. CEST, up 0.54 percent versus the Xetra close of October 26, 2026 at EUR 36.92.

Margin guidance sets the tone

The target revision followed Nordex's preliminary third-quarter update. In its October 15, 2026 release, Nordex lifted its full-year EBITDA margin guidance to 11.5 to 12.5 percent from 8.0 to 11.0 percent. Preliminary EBITDA for the third quarter was EUR 278 million, against EUR 136 million in the third quarter of 2025, while revenue reached EUR 2,187 million versus EUR 1,706 million.

Stock sits below its yearly high

Nordex stock stood 28.20 percent below its 52-week high of EUR 51.70 and 51.14 percent above its low of EUR 24.56 on October 27, 2026. The market capitalization was EUR 8.8 billion, with 73,258 shares traded in the latest quoted session. The current level places the stock below Berenberg's EUR 61.00 target by 39.15 percent.

Valuation and November date

Nordex carried a price-to-earnings ratio of 22.59 and a market capitalization of EUR 8.8 billion as of October 27, 2026. The company is scheduled to publish its complete third-quarter results on November 5, 2026, following the preliminary figures from October 15, 2026.

Comparison with peers

Nordex: plus 0.54 percent versus the Xetra close, P/E 22.59, market capitalization EUR 8.8 billion. Vestas Wind Systems A/S (Nasdaq Copenhagen, DKK): plus 1.10 percent, P/E 23.54, market capitalization DKK 185.5 billion. GE Vernova (NYSE, USD): plus 2.66 percent, P/E 25.19, market capitalization USD 233.7 billion. The peer figures were quoted on October 27, 2026.

Nordex stock after the target change

The analyst target and the November reporting date give investors two defined reference points, while the current euro quote remains only 0.54 percent above the October 26 Xetra close.

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