EDP Renovaveis stock tracks Q2 growth and higher guidance

EDP Renovaveis stock was trading at EUR 12.89 on Euronext Lisbon on September 24, 2026, down 0.77 percent from the previous close. The renewable energy company enters the final quarter with Q2 recurring EBITDA up 8 percent year over year to EUR 1.033 billion, according to StockAnalysis.

Q2 profit growth sets the tone

Recurring net profit reached EUR 183 million in Q2 2026, an increase of 33 percent from the prior-year period. The combination of higher recurring EBITDA and faster profit growth gives the latest quarter a stronger earnings profile than the revenue line alone would suggest.

StockAnalysis also reports upgraded 2026 EBITDA guidance of EUR 2.2 billion to EUR 2.3 billion and year-end net debt expected below EUR 8 billion. That guidance range makes asset rotation gains and project execution central to the investment case through the rest of 2026.

Berenberg lifts its valuation mark

MarketScreener reports that Berenberg maintained a Buy rating on September 11, 2026. The analyst target shown on the linked company overview is EUR 15, raised from EUR 13.20, while the average analyst target is EUR 14.90 across 23 analysts.

At EUR 12.89, the share price stood 12.1 percent below its 52-week high of EUR 14.67 on September 24, 2026. The comparison places the stock below its annual peak even as the latest operating figures point to improved earnings momentum.

EDP Renovaveis stock stays below its high

EDP Renovaveis had a market capitalization of EUR 13,659,519,659 at 1:36 p.m. UTC on September 24, 2026. The reference price of EUR 12.89 and the 0.77 percent daily decline keep the market reaction measured against the companys Q2 growth and higher full-year guidance.

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