PNE stock rises 1.15 percent as Beerfelde project advances

Published on 09/28/2026 at 11:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PNE stock is at EUR 7.04 on Xetra on September 28, 2026, while first-half normalised EBITDA reached EUR 27.4 million. Analysts cite a EUR 9.80 target.

Fotorealistischer Windpark an der Nordseeküste mit zahlreichen Windturbinen bei Sonnenuntergang — PNE AG (DE000A0JBPG2) Windpark an Norddeutschlands Küste zeigt Onshore-Windturbinen im warmen Abendlicht heute, Illustration mit AI erstellt.

PNE stock (ISIN DE000A0JBPG2) was trading at EUR 7.04 on Xetra on September 28, 2026 at 10:12 a.m. CEST, up 1.15 percent from the prior close. The latest corporate catalyst is a 98 MW wind and 32 MW battery-storage project with ENERCON announced on September 23, 2026.

Beerfelde adds storage capacity

According to EQS News on September 23, 2026, PNE plans the Beerfelde energy park in Brandenburg with 98 MW of wind capacity, 32 MW of battery output and a dedicated substation. The project brings generation, storage and grid infrastructure into one development, giving PNE an operating example for hybrid renewable-energy systems.

The project also includes 14 ENERCON wind turbines. For PNE, the combination matters because it broadens the development model beyond standalone wind farms and links future project value to storage and grid flexibility.

EBITDA improves but earnings stay negative

Borse Global reported on August 30, 2026 that PNE's first-half 2026 normalised EBITDA reached EUR 27.4 million, compared with EUR 4.7 million in the prior-year period. Revenue rose from EUR 73.9 million to EUR 96.8 million, while earnings per share remained negative at EUR -0.23.

Management maintained a 2026 normalised EBITDA target of EUR 110 million to EUR 140 million, according to the same August 30 report. The combination of stronger operating earnings and negative per-share earnings leaves project execution and asset sales central to the investment case.

Analyst targets remain above market price

According to Finanzen.net, First Berlin rated PNE Buy with a EUR 10.00 target on August 19, 2026, while SMC Research used a EUR 9.80 target and Speculative Buy rating on August 18, 2026. SMC Research lowered its target from EUR 10.60 to EUR 9.80.

At EUR 7.04, the SMC Research target lies 39.20 percent above the Xetra price. The next company reporting date listed by PNE is November 12, 2026, for its third-quarter statement, according to EQS News.

Stock remains below yearly high

PNE stock had a market capitalization of EUR 539.3 million and volume of 2,305 shares on September 28, 2026. Its 52-week range was EUR 6.90 to EUR 13.56, placing the latest price 48.08 percent below the yearly high.