Consensus sees EUR 16.60 target for Redeia stock

Published on 10/02/2026 at 13:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Net profit reached EUR 280 million in the first half of 2026, up 4.00 percent. Redeia stock costs EUR 14.81 on October 2, 2026 versus EUR 14.75.

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Redeia (ES0173093024) has an average analyst target of EUR 16.60, according to Capitalbolsa on September 17, 2026. At the Lang & Schwarz price of EUR 14.81 on October 2, 2026, that target is 12.09 percent higher, giving the consensus a measurable valuation gap.

First-half profit rises 4.00 percent

Redeia reported EUR 280 million in net profit for the first half of 2026, up 4.00 percent from the same period of 2025, in its earnings presentation carried by Yahoo Finance. Group revenue increased 6.80 percent, while earnings before interest, taxes, depreciation and amortization rose 5.80 percent year over year.

The result came with higher investment. Redeia invested EUR 657 million during the first half of 2026, including EUR 631 million in transmission operations, and the transmission figure was 12.00 percent above the comparable period.

Investment plan supports the valuation

Management confirmed a 2026 net profit outlook above EUR 510 million and projected dividend-per-share growth of 2.00 percent in the same first-half presentation. The company also expects transmission investment to reach or exceed EUR 1.5 billion for the full year.

The investment case therefore rests on regulated infrastructure growth rather than a sudden earnings acceleration. Regulated businesses contributed more than 90.00 percent of EBITDA in the first half, while net debt stood at EUR 5.009 billion and the net-debt-to-EBITDA ratio at 3.90 times, according to the earnings transcript.

Consensus target exceeds the market price

Investing.com identifies Redeia as REDE on the Madrid exchange and lists a consensus target of EUR 16.60. Capitalbolsa reports nine Buy ratings, ten Hold ratings and three Sell ratings, a split that supports the target but also shows that the consensus is not unanimous.

For investors, the key comparison is between the 4.00 percent first-half net profit increase and the 2.00 percent dividend growth outlook. That combination points to a company balancing shareholder distributions with a larger regulated investment program.

Redeia stock trades at EUR 14.81

Redeia stock was trading at EUR 14.81 at Lang & Schwarz on October 2, 2026, at 1:01 p.m. CEST, up 0.41 percent versus the prior close of EUR 14.75 at Lang & Schwarz on October 1, 2026. The further course of trading is shown by the continuously updated real-time quote of Redeia stock.