Neste stock gains support as Nordea lifts price target

Published on 09/21/2026 at 21:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nordea raised its price target for Neste stock to EUR 39 from EUR 35 as of September 21, 2026, while reiterating a Buy rating. The shares last closed at EUR 34.81 on Nasdaq Helsinki on September 18, 2026, near a multi-year high.

Schwarzweiß-Reportagefoto von drei Arbeitern vor einer großen petrochemischen Industrieanlage — Neste Oyj FI0009013296 dokumentiert eine Schwarzweiß-Reportage von Arbeitern in einer großen petrochemischen Industrieanlage, Illustration mit AI erstellt.

Neste stock (ISIN FI0009013296) is back in the spotlight after Nordea raised its price target for the Finnish energy group to EUR 39 from EUR 35 on September 21, 2026, while reiterating a Buy rating on the shares according to MarketScreener.

Analyst upgrade underpins valuation

According to MarketScreener, Nordea now sees fair value for Neste stock at EUR 39, up about 11.4 percent from the previous target of EUR 35, while maintaining its positive stance on the company as of September 21, 2026.

The same overview shows that the average target price for Neste stands at EUR 33.55, which is below the new Nordea target and around 3.6 percent below the latest closing price of EUR 34.81 on Nasdaq Helsinki on September 18, 2026, highlighting that Nordea is more optimistic than the broader analyst consensus according to MarketScreener.

Recent price performance and multi-year highs

As of the close on September 18, 2026, Neste shares finished the regular session on Nasdaq Helsinki at EUR 34.81, representing a daily gain of 1.46 percent versus the previous day and leaving the stock modestly above the stated average target price of EUR 33.55 according to MarketScreener.

A German-language analysis notes that Neste stock recently reached a new multi-year high at its home exchange in Helsinki, underscoring the strong upward trend in the share price in recent sessions according to Aktiencheck.

On September 21, 2026, Finland’s broader market was slightly higher, while Neste declined 1.52 percent to end at EUR 34.28 in the OMX Helsinki 25 index, indicating some short-term consolidation after the recent strong run according to Investing.com.

Fundamental backdrop and investor focus

Neste’s investor relations material and recent coverage highlight the company’s positioning in renewable fuels and sustainable solutions, with profitability and margins in its renewable products segment remaining a central focus point for investors, although the latest detailed quarterly figures are not within the immediate freshness window for this article and thus serve primarily as historical context according to Neste.

Against that backdrop, Nordea’s increased price target can be interpreted as a signal that the bank expects the company to continue to execute on its strategy and deliver returns from its investment program, with the EUR 39 target implying upside of about 13.7 percent from the September 21, 2026, closing level of EUR 34.28 reported in the OMX Helsinki 25 summary according to Investing.com.

For investors, one key risk is that Neste’s valuation already discounts a portion of its growth ambitions, as the latest closing price of EUR 34.81 on September 18, 2026, sits above the stated average analyst target of EUR 33.55, meaning further share price gains may increasingly depend on the company delivering stronger-than-expected earnings or additional strategic catalysts according to MarketScreener.

Neste stock price and market data

As of September 21, 2026, Neste stock last closed at EUR 34.28 on Nasdaq Helsinki, down 1.52 percent on the day, with this level serving as the current reference price for investors monitoring the shares in their home market according to the OMX Helsinki 25 close data reported by Investing.com.