PannErgy stock: OTP raises target to HUF 3,107 for PannErgy stock

Published on 10/21/2026 at 17:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

OTP lifted its target to HUF 3,107 on October 7, 2026. PannErgy stock costs EUR 7.69 during trading on October 21, 2026 at 5:03 p.m. CEST.

Analyst target and dividends

OTP lifted its 12-month PannErgy target to HUF 3,107 on October 7, 2026.
PannErgy paid a HUF 63.40 per share dividend installment on October 15, 2026.
PannErgy stock costs EUR 7.69 at Lang & Schwarz on October 21, 2026 at 5:03 p.m. CEST.

PannErgy, HU0000089867, Illustration mit AI erstellt.

PannErgy (ISIN HU0000089867) is trading at EUR 7.69 at Lang & Schwarz on October 21, 2026 at 5:03 p.m. CEST. Portfolio reported that OTP lifted its 12-month target from HUF 3,057 to HUF 3,107 in an analysis dated October 7, 2026.

OTP raises the valuation bar

The target increase was 1.64 percent, calculated from HUF 3,057 to HUF 3,107. OTP retained its Buy recommendation and said the new regulated heat tariffs should still allow PannErgy to meet its 2026 earnings plan, according to the October 7 analysis.

The report put PannErgy's 2026 EBITDA forecast at HUF 4,373 million, compared with HUF 4,182 million for fiscal year 2025. It also estimated 2026 net profit at HUF 1,587 million, below HUF 1,707 million in fiscal year 2025 because of higher taxes.

Dividends add a cash return

OTP Global Markets said PannErgy paid the first installment of its fiscal year 2025 dividend on October 15, 2026 at HUF 63.40 per share. The second installment is scheduled for March 8, 2027 at HUF 74.60 per share.

The same review reported first-half 2026 revenue of HUF 4,375 million, up 6.10 percent from HUF 4,129 million a year earlier. Net profit reached HUF 619 million, compared with HUF 353 million in the first half of 2025, while EBITDA was HUF 1,661 million against HUF 1,672 million.

Price stays the market frame

The Lang & Schwarz quotation places the stock at EUR 7.69 during trading on October 21, 2026 at 5:03 p.m. CEST. PannErgy operates geothermal projects that supply district-heating systems in Hungary, giving regulated tariffs and heat volumes a direct role in the earnings outlook.

Dates and valuation

The next dividend installment is scheduled for March 8, 2027, according to OTP Global Markets. The October 7 target note also forecasts 2027 EBITDA of HUF 4,454 million and 2027 net profit of HUF 1,699 million, creating a quantified comparison with its 2026 estimates.

Stock and company details

PannErgy is listed in Budapest under ticker PANNERGY.BD and operates in the utilities sector. Its business centers on geothermal energy exploration, development and operations.

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