EDP - Energias de Portugal stock trades near its 52-week high

EDP - Energias de Portugal stock (ISIN PTEDP0AM0009) traded at EUR 4.84 on Euronext Lisbon at 10:47 a.m. WEST on September 28, 2026, just 0.82 percent below its 52-week high of EUR 4.88. The share was down 0.04 percent from the previous close, while the market capitalization stood at EUR 20.0 billion.

First-half profit reached EUR 732 million

The latest operating picture comes from the first half of 2026. According to Yahoo Finance, EDP reported EUR 732 million in net profit, up 3 percent year-on-year, while recurring net profit reached EUR 753 million.

Recurring EBITDA came to EUR 2.7 billion, an increase of 5 percent from the first half of 2025. The networks business was the main growth engine, with EBITDA up 14 percent year-on-year to EUR 874 million, while EDP Renewables increased EBITDA by 8 percent.

Guidance points to EUR 1.4 billion

Management raised its 2026 outlook after the first-half performance. The same Yahoo Finance transcript shows recurring EBITDA guidance of EUR 5.3 billion and recurring net profit guidance of EUR 1.4 billion, with the profit target representing a 12 percent increase versus the Capital Markets Day guidance range.

The upgrade has a clear operational foundation. Electricity networks investment rose 25 percent year-on-year to EUR 555 million in the first half, while the company said its Portugal investment plan for 2026 to 2030 had increased 66 percent to EUR 3.0 billion.

Analyst target remains above the share price

Valuation expectations also sit above the latest Lisbon quotation. Barrons listed an average price target of EUR 5.26 from 22 ratings on September 23, 2026, which is 8.68 percent above EUR 4.84.

That expectation is balanced by execution risks in the business mix. The first-half transcript shows FlexGen and Clients EBITDA falling 5 percent year-on-year to EUR 808 million, reflecting lower Iberian electricity prices and higher ancillary-services costs.

November 6 marks the next checkpoint

EDP trades under ticker EDP.LS on Euronext Lisbon, as identified by Global Banking and Finance Review. EDP's investor-relations calendar lists the 9M26 results presentation for November 6, 2026, giving investors the next scheduled test of the upgraded earnings path.

EDP - Energias de Portugal stock was trading at EUR 4.84 on September 28, 2026, with a 52-week range of EUR 3.69 to EUR 4.88 and volume of 1,173,406 shares. The combination of a higher earnings target and a price close to the annual high leaves execution against the 2026 guidance as the central market reference.

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