Jefferies keeps Buy on EDP Renovaveis stock at EUR 16.80 target

EDP Renovaveis (ISIN ES0127797019) was trading at EUR 12.78 at Lang & Schwarz on October 1, 2026 at 9:10 a.m. CEST, down 0.54 percent versus the prior close of EUR 12.85. According to The Globe and Mail on September 2, 2026, Jefferies maintained a Buy rating and set a EUR 16.80 price target.

Jefferies target leaves a 31.46 percent gap

The Jefferies target lies 31.46 percent above the Lang & Schwarz price. That comparison places the analyst view well above the current euro quote, but the target and the market price come from different dates and should not be treated as one trading signal.

EDP Renovaveis stock belongs to the renewable power sector and trades under EDPR on Euronext Lisbon. The company develops and operates wind and solar assets, alongside offshore wind, storage, hybridization and green hydrogen projects.

First-half earnings improved

TechStock2 reported on September 7, 2026, that recurring EBITDA rose 8.00 percent to EUR 1.03 billion in the first half of 2026. Recurring net profit increased 33.00 percent to EUR 183.00 million, while underlying profit excluding asset-rotation gains was EUR 117.00 million.

The same report said EDPR raised 2026 recurring EBITDA guidance to EUR 2.2 billion to EUR 2.3 billion, with EUR 300.00 million expected from asset-rotation gains. It also put first-half net debt at EUR 8.7 billion, up from EUR 8.1 billion at the end of 2025, making the timing of asset sales important for the balance sheet.

Trading remains below the yearly high

The primary-exchange quote context shows a 52-week range of EUR 11.10 to EUR 14.67 and a market capitalization of EUR 13.6 billion as of September 30, 2026. The Lang & Schwarz price sits inside that range, while the 0.54 percent daily decline keeps the short-term picture neutral rather than directional.

The next reported operating figures will matter because the guidance upgrade depends partly on asset rotations. For investors, recurring profit excluding those gains and the reduction of net debt provide a clearer test of operating progress than the headline EBITDA increase alone.

EDP Renovaveis stock stays in the range

EDP Renovaveis was trading at EUR 12.78 at Lang & Schwarz on October 1, 2026 at 9:10 a.m. CEST, compared with the prior close of EUR 12.85. The further course of trading is shown by the continuously updated real-time quote of EDP Renovaveis stock.

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