HELLENiQ ENERGY stock: Piraeus Securities sets EUR 22.00 target for HELLENiQ ENERGY stock

Published on 10/23/2026 at 02:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The group bought 15,000 own shares on October 12, 2026. For HELLENiQ ENERGY stock, a new project stores 200 MWh at 100 MW.

Coverage and operating milestones

Piraeus Securities set a EUR 22.00 target for HELLENiQ ENERGY on October 20, 2026.
The company acquired 15,000 own shares on October 12, 2026.
HELLENiQ ENERGY had a EUR 5.6 billion market capitalization on October 22, 2026.

Motor Oil Hellas, GRS298343005, Illustration mit AI erstellt.

HELLENiQ ENERGY (ISIN GRS298343005) received a EUR 22.00 price target when Piraeus Securities restarted coverage with an Outperform rating on October 20, 2026, according to Euro2day. The same report projected adjusted refining EBITDA of EUR 1.7 billion for 2026, a 90 percent increase from 2025.

What supports the EUR 22.00 target?

Piraeus Securities based its view on refining margins and the location of HELLENiQ ENERGY's refineries. The report estimated a 2026 net refining margin of USD 25.50 per barrel, compared with USD 16.50 per barrel in 2025, while group adjusted EBITDA was projected at EUR 2.0 billion for 2026. These are estimates, not reported results.

Three October events shaped the story

On October 12, 2026, Group CFO Vasilis Tsaitas sold 3,000 company shares worth EUR 55,410, according to HELLENiQ ENERGY. On the same date, the company acquired 15,000 own shares at an average EUR 18.0739 per share. On October 20, 2026, Piraeus Securities set the EUR 22.00 target, making the analyst action the latest of the three dated developments.

When are the next results due?

The next explicitly listed reporting date is November 11, 2026, for third-quarter results, according to MarketScreener. That release should provide the next reported test of the margin assumptions behind the EUR 22.00 valuation.

Market value and operating scale

On October 22, 2026, HELLENiQ ENERGY's Athens listing had a market capitalization of EUR 5.6 billion and a 52-week range of EUR 7.63 to EUR 19.86. The company also operates across refining, fuel distribution, electricity, natural gas, petrochemicals and renewables. The combination gives investors two separate gauges: near-term refining margins and the pace of capital deployment in newer energy businesses.

Stock context for investors

The October events leave the EUR 22.00 target alongside a buyback and an upcoming results date as the main company-specific reference points. The estimated EUR 1.7 billion refining EBITDA for 2026 is the clearest numerical reason Piraeus Securities expects earnings strength to continue.

The HELLENiQ ENERGY share was last quoted at EUR 18.26 on the Athens Stock Exchange on October 22, 2026.

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