EDP stock gets third 2026 profit outlook upgrade
Published on 11/10/2026 at 17:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSProfit growth strengthens EDP's outlook
- EDP raised its recurring net profit guidance for 2026 for the third time.
- Recurring net income rose 22 percent in the first nine months, supported by renewables and Iberian networks.
- The upgraded targets leave execution and asset rotation important for investors.
EDP raised its 2026 recurring net profit guidance for the third time on Friday, November 6, after reporting stronger nine-month earnings. Reuters said the Portuguese utility now expects recurring net profit of 1.4 billion to 1.5 billion euros for the full year, compared with its previous 1.4 billion euro target.
Recurring net income rose 22 percent year on year to 1.19 billion euros in the first nine months. Recurring EBITDA increased 11 percent to 4.2 billion euros, while EDP lifted its recurring EBITDA outlook to 5.4 billion euros from 5.3 billion euros.
Renewables and networks support growth
According to Reuters, stronger earnings at EDP Renovaveis and higher regulatory returns at the Iberian networks business supported the improvement. EDP attributed the upgrade to execution across all business segments.
The mix matters for investors. Regulated network returns provide visibility, while renewable earnings and asset-rotation gains can add growth but may vary with project timing and market conditions. The higher targets therefore improve the near-term earnings outlook without removing the need to monitor delivery across the portfolio.
Trading context for investors
EDP stock traded at 4.97 euros on Lang & Schwarz at 17:38 CET on Tuesday, November 10, 2026. The company's investor page lists the nine-month 2026 results release for November 5 and the webcast presentation for Friday, November 6, at 8:30 a.m. UK/Lisbon time, as shown by EDP Investor Relations.
EDP - Energias de Portugal
- Company: EDP - Energias de Portugal S.A.
- ISIN: PTEDP0AM0009
- Ticker: EDP.LS
- Lang & Schwarz price: 4.97 euros on November 10, 2026 at 17:38 CET
- Recurring net income, nine months 2026: 1.19 billion euros, up 22 percent year on year
- Recurring EBITDA, nine months 2026: 4.2 billion euros, up 11 percent year on year
- 2026 guidance: 1.4 billion to 1.5 billion euros recurring net profit and 5.4 billion euros recurring EBITDA
Portugal's equity market environment can be followed through the PSI 20.
