Enel stock: Endesa profit jumps 15% and outlook holds

Published on 10/30/2026 at 14:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Enel stock gains a fresh operating signal from its Spanish subsidiary. Endesa kept its full-year profit target ahead of Enel's November results.

Endesa strengthens Enel's outlook

Endesa's stronger network performance supports its confirmed full-year ordinary-profit target.
Enel's November 11 results will show whether the subsidiary's trend extends across the wider group.
Grid investment and regulated earnings remain central to the operating outlook.

Enel, IT0003128367, Illustration mit AI erstellt.

Endesa, majority-owned by Enel, confirmed its full-year profit guidance on Wednesday, October 28, after stronger network earnings lifted its first nine-month performance, according to a Reuters report carried by Euronext. Net profit rose to EUR 1.96 billion from EUR 1.71 billion a year earlier, while revenue increased to EUR 17.39 billion.

The result gives investors a new operating reference for Enel before the parent company reports its own nine-month figures. Endesa's adjusted profit, the measure used for its guidance and dividend policy, climbed to EUR 2.13 billion. The Spanish utility said it remains on track to exceed EUR 2.4 billion in ordinary profit for 2026.

Networks support the profit outlook

Regulated network activities made a stronger contribution as Endesa increased grid investment by 42 percent to roughly EUR 900 million during the period. Total investment rose 19 percent, reinforcing the role of infrastructure spending in the subsidiary's earnings profile.

For Enel, the update supports the importance of regulated businesses within its portfolio but does not replace consolidated results or group guidance. Endesa also identified data centers as a driver of electricity demand and said it will update its strategic plan in February.

November results set the next test

Enel is scheduled to publish its nine-month results on Wednesday, November 11, 2026. The release should show how generation, networks and customer businesses performed through the third quarter and whether the group maintains its full-year targets.

Enel stock traded at 9.33 euros on Lang & Schwarz at 14:32 CET on Friday, October 30, 2026, 0.32 percent above the Xetra close of Thursday, October 29. Investors can follow the real-time quote of Enel stock.