Neste stock gets EUR 40 target as renewable fuel demand rises

Published on 09/28/2026 at 14:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Neste stock traded at EUR 34.20 on September 28, 2026, 4.84 percent below its 52-week high. Q2 comparable EBITDA reached EUR 1.2 billion.

Flatlay mit Aktienzertifikat, ISIN-Karte FI0009013296 und goldener Biokraftstoffprobe im Glas — Neste Oyj FI0009013296 arrangiert stilvoll ein Flatlay mit Aktienzertifikat, ISIN-Karte und Biokraftstoff-Probe im Glas, Illustration mit AI erstellt.

Neste stock (ISIN FI0009013296) was trading at EUR 34.20 on Nasdaq Helsinki on September 28, 2026, at 3:50 p.m. EEST, up 0.56 percent from the prior close. The share price stood 4.84 percent below its 52-week high of EUR 35.94, while market capitalization was EUR 26.3 billion.

Berenberg raises its target

As Investing.com reported on September 16, 2026, Berenberg raised its Neste price target to EUR 40.00 from EUR 36.00 and maintained a Buy rating. The new target is EUR 5.80 above the September 28 trading price, equal to 16.96 percent upside.

Berenberg linked its view to renewable fuel demand and said the sector was moving from a cyclical trough toward a structural supply deficit. The firm also increased its 2027 earnings estimates by 44 percent, according to Investing.com.

Q2 EBITDA reaches EUR 1.2 billion

Neste's Q2 2026 results, released on July 24, 2026, produced record comparable EBITDA of EUR 1.2 billion, with almost three-quarters generated by Renewable Products, according to the Yahoo Finance transcript. Renewable Products sales exceeded 1 million tons, while the segment's sales margin reached USD 1,200 per ton.

The quarter also showed the operating tradeoff behind the result. Renewable Products utilization was 75 percent, compared with 90 percent for Oil Products, while the performance improvement program reached a EUR 594 million annualized run rate by the end of June, according to Yahoo Finance.

Stock stays below yearly high

The share price remains 13.27 percent above its 52-week low of EUR 15.43, but the gap to the yearly high leaves the market focused on execution. Neste's investor page identifies the company as NESTE on Nasdaq Helsinki and highlights the Q2 2026 results as an all-time high quarterly performance.