Nordex secures 192 MW New Zealand order. Nordex stock sits 28.70 percent below its high

Published on 10/27/2026 at 10:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 margin guidance rose to 11.5-12.5 percent on October 15, 2026. Nordex stock costs EUR 36.86 on October 27, 2026, below EUR 36.92 Xetra close.

Expansion and earnings milestones

Nordex received its first New Zealand order for 192 MW on October 22, 2026.
Full-year EBITDA margin guidance stood at 11.5 to 12.5 percent on October 15, 2026.
Nordex stock trades at EUR 36.86 at 10:10 a.m. CEST at Lang & Schwarz on October 27, 2026, 0.16 percent below the Xetra close of October 26, 2026.

Nordex, DE000A0D6554, Illustration mit AI erstellt.

Nordex (ISIN DE000A0D6554) secured its first New Zealand order for 40 wind turbines totaling 192 MW on October 22, 2026, according to Nordex. The stock was trading at EUR 36.86 at Lang & Schwarz on October 27, 2026 at 10:10 a.m. CEST, 0.16 percent below the Xetra close of October 26, 2026 at EUR 36.92.

New Zealand opens a new market

The Mercury project covers the Puke Kapo Hau wind farm in Otago on New Zealand's South Island. Nordex will supply N133/4.8 turbines, while a 30-year service agreement adds a long-term operating component to the order, the company said in its October 22, 2026 release.

Installation of the first turbine is scheduled for early 2028, with commissioning planned for mid-2028. The contract therefore combines a 192 MW equipment order with a dated entry plan for a new national market.

What does the margin update show?

Nordex's preliminary third-quarter update on October 15, 2026 lifted full-year EBITDA margin guidance to 11.5 to 12.5 percent from 8.0 to 11.0 percent. Nordex also reported preliminary third-quarter revenue of EUR 2,187 million, compared with EUR 1,706 million in the third quarter of 2025. Preliminary EBITDA was EUR 278 million, compared with EUR 136 million a year earlier.

Three milestones shape the story

On October 12, 2026, Nordex reported third-quarter order intake of 2.8 GW, up 29.5 percent from the prior-year quarter, according to the company's investor-relations information. On October 15, 2026, the company raised its full-year EBITDA margin guidance to 11.5 to 12.5 percent. On October 22, 2026, it announced the 192 MW Mercury order, its first New Zealand contract.

Upcoming reporting date

Nordex is scheduled to publish its full third-quarter 2026 results on November 5, 2026, with a conference call at 2:00 p.m. CET, according to its investor-relations portal. The release will show whether the preliminary margin and order figures translate into the complete quarterly picture.

Stock stays below its yearly high

Nordex stock stood 28.70 percent below its 52-week high of EUR 51.70 on October 27, 2026. The company was valued at EUR 8.8 billion on that date, while its 52-week range ran from EUR 21.86 to EUR 51.70.

Nordex was trading at EUR 36.86 at Lang & Schwarz on October 27, 2026 at 10:10 a.m. CEST, 0.16 percent below the Xetra close of October 26, 2026 at EUR 36.92. The further course of trading is shown by the continuously updated real-time quote of Nordex stock.