Jefferies raises target for Endesa stock from EUR 35 to EUR 37

Published on 10/20/2026 at 10:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies kept Hold on October 19, 2026 as its target rose to EUR 37.00. Endesa stock costs EUR 42.10 on October 20, 2026 versus EUR 41.99.

Endesa valuation and earnings

Jefferies lifted its Endesa target from EUR 35.00 to EUR 37.00 on October 19, 2026.
Endesa reported first-half net income of EUR 1.47 billion, up 41.00 percent, on July 29, 2026.
Endesa stock traded at EUR 42.10 at 10:32 a.m. CEST at Lang & Schwarz on October 20, 2026, 0.26 percent above the Xetra close of October 19, 2026.

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Endesa (ISIN ES0130670112) became the focus of a fresh analyst call after Jefferies raised its price target from EUR 35.00 to EUR 37.00 on October 19, 2026, while keeping a Hold recommendation. At Lang & Schwarz, the stock traded at EUR 42.10 at 10:32 a.m. CEST on October 20, 2026, or EUR 0.11 above the Xetra close of October 19, 2026.

Jefferies sees uneven earnings

According to Bolsamania, Jefferies linked the higher target to a stronger valuation of Endesa's retail business and improved profit expectations. The firm projected third-quarter EBITDA of EUR 1.30 billion, down 16.00 percent from a year earlier, including a EUR 200.00 million restructuring provision.

The forecast also separates the operating picture. Jefferies expected retail EBITDA to rise 21.00 percent year over year, while renewable-energy EBITDA was projected to fall 43.00 percent. Networks were expected to reach EUR 500.00 million, up 10.00 percent year over year.

Three dated signals for Endesa

On July 29, 2026, Endesa reported first-half net income of EUR 1.47 billion, up 41.00 percent year over year, and EBITDA of EUR 3.24 billion, up 20.00 percent, according to Endesa. On October 5, 2026, a 23-analyst consensus target rose from EUR 35.71 to EUR 35.97. On October 19, 2026, Jefferies lifted its target from EUR 35.00 to EUR 37.00.

What does the target change mean?

The revised target remains below the October 20 Lang & Schwarz price, so the upgrade does not imply a higher valuation than the market quote. The next quantified test is Endesa's third-quarter report, scheduled for October 28, 2026, with consensus revenue of EUR 4.75 billion and earnings per share of EUR 0.65, according to Investing.com.

Stock trades above its Xetra close

Endesa's market capitalization was EUR 43.0 billion as of October 20, 2026, and its 52-week range was EUR 28.85 to EUR 43.80. The stock was 0.26 percent above the Xetra close of EUR 41.99 for October 19, 2026.

The further course of trading is shown by the continuously updated real-time quote of Endesa stock.