Neste stock falls 3.57 percent despite target upgrades

Published on 09/29/2026 at 16:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Neste stock has a EUR 40.00 Berenberg target, up from EUR 36.00 on September 16. Q2 EPS was EUR 0.5629 versus EUR 0.5649 forecast.

Schwarzweiß-Reportagefoto von drei Arbeitern vor einer großen petrochemischen Industrieanlage — Neste Oyj FI0009013296 dokumentiert eine Schwarzweiß-Reportage von Arbeitern in einer großen petrochemischen Industrieanlage, Illustration mit AI erstellt.

Neste stock (ISIN FI0009013296) was trading at EUR 33.21 at Lang & Schwarz on September 29, 2026 at 4:04 p.m. CEST, down 3.57 percent versus the prior close of EUR 34.44 on September 28, 2026. The decline contrasts with a series of higher analyst targets for the Finnish renewable fuels producer.

Targets move higher

According to Investing.com on September 16, 2026, Berenberg raised its Neste target to EUR 40.00 from EUR 36.00 and kept a Buy rating. The report said renewable fuels are moving from a cyclical trough toward a structural supply deficit, with demand supported by policy mandates in Europe and the United States.

MarketScreener reported on September 4, 2026, that Goldman Sachs upgraded Neste from Neutral to Buy and lifted its target to EUR 40.00 from EUR 32.00. Goldman also raised its EBITDA forecasts for 2026 and 2027 by 12.00 percent and 37.00 percent, respectively, pointing to refining margins and regulatory prospects.

Q2 earnings set the test

The operating backdrop is stronger than the daily quote suggests, but the latest quarter still contained a valuation counterweight. Investing.com reported that Q2 2026 comparable EBITDA reached a record EUR 1.2 billion, while earnings per share of EUR 0.5629 came in below the EUR 0.5649 forecast.

Neste's investor page identifies Q2 2026 as the latest quarterly report and states that the analyst and investor conference call took place on July 24, 2026. The company's business combines renewable diesel, sustainable aviation fuel and oil products, so refining margins and renewable-fuel demand remain central to the earnings narrative.

Stock stays below yearly high

Market capitalization stood at EUR 25.5 billion on September 29, 2026. The 52-week range was EUR 15.43 to EUR 35.94, placing the Lang & Schwarz price below the upper end of that range while the daily move remained negative.

Neste's investor information describes renewable products as a core growth area, while Goldman Sachs' forecast revisions provide a quantified reason for the higher targets. The next earnings checkpoint listed for Neste is October 28, 2026, for Q3 results, according to MarketScreener.

Stock falls below EUR 34

Neste stock was trading at EUR 33.21 at Lang & Schwarz on September 29, 2026 at 4:04 p.m. CEST, down 3.57 percent against the prior close of EUR 34.44 on September 28, 2026. Nasdaq Helsinki is the primary exchange.