Nordex clears major US order milestone, shares react after strong 484 MW win

By Thomas Klein, Operations & Strategy desk. Reviewed prior to publication on 2026-06-23, 23:08.

Nordex (DE000A0D6554) has announced substantial new business in the United States. According to an EQS release dated 2026-06-23, the group secured three wind turbine orders totaling 484 megawatts for US projects, a notable volume in the context of global turbine peers such as Vestas and Siemens Gamesa.

Details of the new US orders

The EQS disclosure states that Nordex will supply a total of 32 N133/4.8 turbines, representing around 154 megawatts of capacity, alongside 56 N163/5.X turbines for approximately 350 megawatts in the US market. EQS-News release on the 484 MW US orders The projects include full engineering, procurement and construction scope elements as well as multi-year service agreements, which can support recurring revenue visibility over the contract term.

Nordex highlights that these US orders continue its recent momentum in international markets following earlier 2026 wins in Southern Europe and Türkiye totaling 155 megawatts, where 34 Delta and Delta4000 turbines are to be installed between spring 2027 and early 2028. EQS-News on 155 MW of Southern Europe and Türkiye orders The new US commitments therefore bring Nordex’s recently announced order intake to well above 600 megawatts within a short period, reinforcing its pipeline in key wind regions.

Analyst consensus and valuation picture

On the valuation side, data compiled by wallstreet-online shows that 59 analysts currently follow Nordex, with an average price target of 37.41 euros, implying around 18 percent downside versus a spot level of roughly 45.84 euros quoted there on 2026-06-23 for the German listing. Analyst and price overview on wallstreet-online The same source notes that the shares have delivered a year-to-date performance of about 57.75 percent, clearly outpacing many European renewable peers.

Shorter-term, wallstreet-online’s data indicate a 7-day gain of approximately 13.33 percent and a 30-day advance of about 7.48 percent for Nordex, with the stock trading roughly 10.6 percent below its 52-week high but more than 180 percent above the 52-week low. Performance metrics for Nordex compared with its 52-week range This positions Nordex among the stronger performers in the European wind equipment segment, where investors often compare it with Vestas or Siemens Energy’s wind business.

The product behind the stock

Operationally, Nordex generates its revenue primarily through the design, manufacture and installation of onshore wind turbines such as the N133/4.8 and N163/5.X from its Delta4000 platform, complemented by long-term service and maintenance contracts for installed fleets worldwide. These turbines target utility-scale projects in markets including Europe, the Americas and emerging regions.

Where the stock trades today

The Nordex shares (DE000A0D6554) most recently traded on the Stuttgart exchange at 46.00 euros on 2026-06-23, 13:16, according to finanzen.net, reflecting a daily move of -5.89 percent on that venue.

This article is for informational purposes only and does not constitute investment advice, investment recommendation or an offer or solicitation to buy or sell any financial instrument. Investors should conduct their own research and consider consulting a licensed financial advisor before making investment decisions.