RWE stock gains after half year EBITDA rises 43%
Published on 08/14/2026 at 17:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
RWE stock advanced after the company said adjusted EBITDA for the first half of 2026 rose 43% to EUR 3.0 billion, while adjusted net income increased to EUR 1.3 billion and adjusted EPS climbed to EUR 1.77. The shares were last quoted at EUR 59.14 on August 14, 2026, after a 2.64% rise in one market snapshot.
Half year figures
The same update showed Offshore Wind adjusted EBITDA at EUR 810 million, Onshore Wind and Solar at EUR 1.02 billion, and Flexible Generation at EUR 1.03 billion. Supply and Trading contributed EUR 134 million, and the company said the midpoint of its EUR 100 million to EUR 500 million guidance range had already been reached by the call date.
That mix matters because it shows the earnings lift was not limited to one division. Offshore wind added EUR 167 million year over year, Onshore Wind and Solar gained EUR 186 million, and Flexible Generation benefited from a EUR 332 million compensation payment and higher U.K. contracted capacity payments.
Outlook reset
Management raised full-year 2026 guidance to adjusted EBITDA of EUR 5.57 billion to EUR 6.35 billion, adjusted net income of EUR 1.95 billion to EUR 2.45 billion, and adjusted EPS midpoint to EUR 2.95. In a separate market note, Barclays lifted its price target to EUR 72 from EUR 68 and kept an Overweight view on the shares.
The comparison is clear: the new EBITDA midpoint implies EUR 5.96 billion for 2026, versus the earlier range midpoint of EUR 5.5 billion if the lower and upper bounds are averaged. That leaves the stock trading below the new target level in the latest quote snapshot and keeps the focus on whether the earnings mix can hold through the rest of the year.
What RWE sells
RWE's portfolio spans offshore wind, onshore wind, solar, flexible generation, and supply and trading. The first-half numbers show how those parts can move differently, with wind, flexible assets, and trading all contributing to the latest result set.
Market view
RWE stock was last shown at EUR 59.14 on August 14, 2026, with a 52-week range of EUR 33.72 to EUR 62.00 in the same market snapshot. On that basis, the shares sat below the recent high and above the midpoint of the annual range.
Fact box
Company: RWE AG
ISIN: DE0007037129
Ticker: RWE
Exchange: Xetra
Price (as of August 14, 2026, 11:38 a.m. ET): EUR 59.14
Market cap: $49.63 billion
Sector / Industry: Utilities / Independent Power Producers & Energy Traders
Index membership: DAX 40
