Nexans stock reports higher 2026 EBITDA guidance

Published on 09/28/2026 at 16:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nexans stock was last at EUR 135.60 on September 25, 2026, while Jefferies lifted its target to EUR 158.00. H1 EBITDA reached EUR 379 million.

Fotorealistische Aufnahme einer Kabelfabrik mit großen Spulen Hochspannungskabel — Fotorealistische Kabelfabrik zeigt Nexans S.A. FR0000044448 mit riesigen Spulen frisch gewickelter Hochspannungskabel in Produktionshalle, Illustration mit AI erstellt.

Nexans stock (ISIN FR0000044448) was last at EUR 135.60 on Euronext Paris on September 25, 2026, with a daily change of -0.22 percent. The price stood 19.76 percent below the 52-week high of EUR 169.00, while the companys upgraded 2026 earnings outlook remains the central fundamental reference for the shares.

Guidance sets the earnings frame

Nexans investor materials identify the first-half 2026 financial results as a July 29, 2026, publication. The company describes itself as a designer and manufacturer of cable systems serving power generation, transmission, distribution and usage, with the business focused on electrification.

For the first half of 2026, Ideal Investisseur reported revenue of EUR 4,736 million, EBITDA of EUR 379 million and an EBITDA margin of 11.90 percent for H1 2026. The same report identifies an 2026 EBITDA target of EUR 805 million, giving investors a defined earnings checkpoint beyond the interim figures.

Jefferies raises its target

According to MarketScreener on September 1, 2026, Jefferies raised its Nexans price target from EUR 155.00 to EUR 158.00 and retained a Hold rating. The new target lies 16.52 percent above the EUR 135.60 reference price.

Jefferies cited a more attractive business mix and stronger margins in the high-voltage Transmission segment. It also pointed to the Republic Wire acquisition and Nexans expansion in the North American and European data center markets, while the Connect division remained under pressure from weaker construction demand.

October date marks the next checkpoint

The next scheduled company event is third-quarter revenue. The Boursorama events calendar lists October 22, 2026, for that release, giving the market a fresh date to assess demand across Transmission and Connect.

As of September 25, 2026, Nexans had a market capitalization of EUR 5.9 billion and trading volume of 92,669 shares. The share traded within a 52-week range of EUR 109.70 to EUR 169.00, leaving the distance to the yearly high as the clearest market comparison alongside the raised earnings target.

Stock remains below its yearly high

Nexans stock was last at EUR 135.60 on Euronext Paris on September 25, 2026, at 5:38 p.m. CET. The -0.22 percent daily change keeps the reference snapshot neutral, while the H1 margin, Jefferies target and October reporting date define the next evidence points for the company.