Nordex stock gains 2.97% before Q3 results
Published on 11/03/2026 at 17:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSService contracts and earnings outlook
- Nordex enters its November 5 results date with long-term service agreements tied to projects in Germany and New Zealand.
- The preliminary third-quarter performance prompted Nordex to raise its full-year EBITDA margin outlook.
- The full results will test the contribution from the Service and Projects businesses.
Nordex stock traded at 38.88 euros on Lang & Schwarz at 17:38 CET on Tuesday, November 3, 2026, 2.97 percent above the Xetra close of Friday, October 30. The real-time quote of Nordex stock came as the company approached its full third-quarter release on November 5.
Service contracts broaden Nordex's reach
Nordex announced on October 27 that DenkerWulf had ordered nine N149/5.X turbines for the 51.3-megawatt Bredenbek wind farm in Schleswig-Holstein. The order includes a 20-year Premium Service agreement, according to Nordex.
A second project extends the service footprint overseas. Mercury ordered 40 N133/4.8 turbines with total capacity of 192 megawatts for the Puke Kapo Hau wind farm in New Zealand, alongside a 30-year service agreement, Nordex said on October 22. Installation is scheduled to begin in early 2028, with commissioning of the first unit planned for mid-2028, according to the company release.
Margin outlook sets the next test
Nordex's preliminary third-quarter EBITDA reached 278 million euros, compared with 136 million euros a year earlier, while the preliminary margin rose to 12.7 percent from 8.0 percent. In its October 15 release, the company raised its full-year 2026 EBITDA margin guidance to 11.5 to 12.5 percent from 8.0 to 11.0 percent; all other elements of the full-year guidance remained unchanged.
The market change since the latest report is also material: Nordex stock moved from 38.28 euros at 12:19 CET to 38.88 euros at 17:38 CET on Tuesday, a 1.57 percent increase. This comparison with the latest report is separate from the 2.97 percent daily move against the October 30 Xetra close.
What investors should watch
Nordex is scheduled to publish its complete third-quarter results on Thursday, November 5, at 7:00 CET, followed by an earnings call and webcast at 14:00 CET. Investors will be looking for confirmation of the preliminary margin improvement and further detail on Service, Projects and cash generation.
Nordex SE stock facts
- Company: Nordex SE
- ISIN: DE000A0D6554
- WKN: A0D655
- Xetra ticker: NDX1.DE
- Home exchange: Frankfurt Stock Exchange
- Lang & Schwarz price: 38.88 euros on Tuesday, November 3, 2026, at 17:38 CET
- Change versus Xetra close: 2.97 percent above 37.76 euros on Friday, October 30
- Indices: MDAX and TecDAX
Germany's DAX market environment provides the broader backdrop for investors tracking industrial and renewable-energy shares.
