Nordex stock edges lower as investors weigh latest order intake and TecDAX performance

Published on 09/20/2026 at 11:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nordex stock slipped 0.15 percent in the TecDAX ranking for calendar week 38, reflecting cautious sentiment as of September 20, 2026. Recent half-year figures show double-digit revenue growth alongside a still negative margin profile.

Windpark mit mehreren Windkraftanlagen bei Sonnenaufgang über grünen Hügeln — Nordex SE (DE000A0D6554) symbolisiert durch fotorealistischen Windpark bei goldenem Sonnenaufgang über grünen Hügeln, Illustration mit AI erstellt.

Nordex stock (ISIN DE000A0D6554) has recently shown only a slight decline of 0.15 percent in the TecDAX performance table for calendar week 38, signaling a cautious but not dramatic reaction from investors as of September 20, 2026, per an overview from finanzen.net.

Half-year figures underline growth and margin pressure

According to Nordex’s published half-year 2026 figures, the wind turbine manufacturer reported revenue of around EUR 3.0 billion for the first six months of 2026, with the period labeled as H1 2026, reflecting solid double-digit growth versus the comparable period of the previous year as presented in an investor-relations summary on Nordex.

For H1 2026, Nordex continued to show a challenging margin profile, with an EBITDA margin still in the low single-digit range and a net loss for the period, underscoring that profitability has not yet kept pace with revenue growth, as indicated in the same half-year reporting context on Nordex.

Order intake and TecDAX placement shape investor view

The TecDAX ranking for calendar week 38 lists Nordex in tenth place among technology names, with the stock’s weekly performance at minus 0.15 percent, which places it in the group of minor losers rather than sharp underperformers, signaling that the market is balancing growth prospects against ongoing margin risks, according to the calendar-week overview from finanzen.net.

In the latest reporting period, Nordex’s order intake in megawatts for H1 2026 increased compared with H1 2025, which supports the backlog and underpins medium-term revenue visibility; however, higher costs and pricing pressure in some markets remain a counter-factor that slows the translation of this order growth into clear profitability improvements, based on summary comments around the half-year 2026 business performance on Nordex.

Stock price level and valuation context

On the Xetra trading venue, Nordex stock recently traded in the low-teens euro range, with the closing price of the last completed trading day before September 20, 2026, standing clearly below the 52-week high but above the 52-week low, highlighting a valuation that reflects both the improved scale of the business and the still unresolved margin challenges, per current price and range data from German stock portals.