Nordex stock gains on new turbine and analyst upgrades

Published on 09/22/2026 at 14:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nordex stock traded at EUR 40.49 on September 22, 2026, after a 93 percent annual gain. Bank of America raised its target to EUR 54.

Isometrische Explosionszeichnung einer Windturbine mit Turm, Gondel, Getriebe und Rotorblättern — Nordex SE (DE000A0D6554) als isometrische 3D-Explosionszeichnung einer Windkraftturbine mit Turm, Gondel und Rotorblättern, Illustration mit AI erstellt.

Nordex stock traded at EUR 40.49 on Xetra on September 22, 2026, up 0.4 percent from the EUR 40.34 prior close. The company also introduced a new 7.3 MW turbine, while recent analyst upgrades have lifted the average 12-month target to EUR 49.31.

New turbine adds operating potential

According to Ad Hoc News on September 22, 2026, Nordex launched the N193/7.X as a new Delta4000 variant. The turbine combines 7.3 MW of installed capacity with a 193-meter rotor, and its yield can be up to 14 percent higher than the N175/6.X at suitable low- to medium-wind sites.

Serial production is scheduled for 2029, so the product announcement affects Nordex's medium-term portfolio rather than near-term revenue. The German version will initially be offered with a maximum capacity of 6.6 MW, targeting projects with demanding permitting and grid connection conditions.

Targets rise as valuation expands

Investing.com reported on September 22, 2026, that Bank of America raised Nordex from Neutral to Buy on September 15 and lifted its price target from EUR 50 to EUR 54. Citi also moved to Buy and raised its target from EUR 48 to EUR 50 in September 2026.

The same September 22, 2026 overview put the average target from 15 analysts at EUR 49.31, or 21.8 percent above the quoted EUR 40.49 price. The comparison is less comfortable after the stock's 93 percent gain over one year, because the valuation now depends more heavily on order execution and earnings delivery than on a low starting price.

Stock remains below yearly high

Nordex shares remain below the 52-week high of EUR 51.70 and above the 52-week low of EUR 20.96, according to the September 22, 2026 market snapshot. The market capitalization was EUR 9.58 billion on the same date.

For investors, the key distinction is timing: the N193/7.X supports product breadth and future project economics, while the current share valuation already reflects a substantial part of the recovery. Nordex generated around EUR 7.6 billion in consolidated sales in fiscal year 2025, and more than 64 GW of wind capacity had been commissioned across over 40 markets by September 22, 2026, according to Ad Hoc News.

EUR 40.49 price marks current reference

Nordex stock stood at EUR 40.49 on Xetra as of September 22, 2026, with a daily gain of 0.4 percent from the prior close. The current reference price sits EUR 11.21 below the 52-week high of EUR 51.70.