Elia faced Ventilus halt: analysts saw 27.93 percent upside for Elia stock

Published on 10/08/2026 at 12:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached EUR 2.56 billion in the first half of 2026, up 18.00 percent. Elia stock costs EUR 116.60 on October 8, 2026 after EUR 116.40.

Makroaufnahme von nassem Kupferkabel und Keramik-Hochspannungsisolator — Elia Group S.A. mit ISIN BE0003822393 veranschaulicht durch eine Makroaufnahme von Kupferkabel und Keramikisolator, Illustration mit AI erstellt.

Elia stock (ISIN BE0003822393) was trading at EUR 116.60 at Lang & Schwarz on October 8, 2026 at 12:09 p.m. CEST, up 0.17 percent versus the prior close of EUR 116.40. Elia faced a permit suspension affecting its Ventilus transmission project, while analysts listed an average target of EUR 149.17, or 27.93 percent above the euro price.

Ventilus work faces a permit halt

According to The Brussels Times on September 30, 2026, the Flemish Permit Disputes Council suspended an environmental license covering part of Elia's 82-kilometer Ventilus project in West Flanders. The decision concerns the expansion of the Gezelle high-voltage substation in Bruges.

The ruling forced work linked to that permit to stop, although projects covered by a separate permit could continue. Elia said most work at the Gezelle substation would be halted and that it was examining the decision's exact scope, while the timetable impact for the wider Ventilus project remained under review.

Revenue rises in the first half

Elia's operating picture was stronger in the first half of 2026. TradingView reported revenue of EUR 2.56 billion for that period, up 18.00 percent from the comparable period, while net income reached EUR 348.70 million.

The revenue increase gives the project setback a clear financial counterweight, but the two developments affect different parts of the investment case. Revenue reflects the group's regulated transmission operations, whereas the Ventilus dispute concerns execution and permitting for future grid capacity.

Average target stands above the price

MarketScreener lists 15 analysts, an average recommendation of Buy and an average price target of EUR 149.17. Compared with EUR 116.60 at Lang & Schwarz, that target is 27.93 percent higher, although the average target is a consensus measure rather than a guaranteed outcome.

Elia's next scheduled quarterly statement is November 27, 2026, according to the company's investor-relations calendar. Until then, the permit process and the pace of grid investment remain concrete markers for how the company converts its revenue growth into additional transmission capacity.

Elia stock remains below its yearly high

Elia stock was trading at EUR 116.60 at Lang & Schwarz on October 8, 2026 at 12:09 p.m. CEST, plus 0.17 percent versus the prior close of EUR 116.40. The primary listing is Euronext Brussels, where the stock trades in euros. The further course of trading is shown by the continuously updated real-time quote of Elia stock.