SMA Solar stock: At EUR 52.13, SMA Solar stock falls 5.90 percent

Published on 10/20/2026 at 17:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SMA Solar posted EUR 72.80 million profit in first-half 2026. SMA Solar stock costs EUR 52.13 on October 20, 2026, down 5.90 percent versus Xetra close.

Trading and operating figures

SMA Solar stock fell 5.90 percent against the Xetra close on October 20, 2026.
First-half 2026 net profit reached EUR 72.80 million after a EUR 42.40 million loss.
SMA Solar stock costs EUR 52.13 at Lang & Schwarz on October 20, 2026 at 5:05 p.m. CEST, 5.90 percent below the Xetra close of October 19, 2026.
The next quarterly report is scheduled for November 12, 2026.
Market capitalization stood at EUR 1.8 billion on October 20, 2026.

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SMA Solar (ISIN DE000A0DJ6J9) fell to EUR 52.13 on October 20, 2026, putting the stock 5.90 percent below the Xetra close of October 19, 2026 at EUR 55.40. The move came as the photovoltaic equipment maker approached its next scheduled quarterly report. At Lang & Schwarz, the stock was trading at EUR 52.13 on October 20, 2026 at 5:05 p.m. CEST, after the Xetra close.

Profit turns positive in 2026

SMA Solar's first-half results show a sharp change in reported earnings. According to FNE on October 14, 2026, net profit reached EUR 72.80 million in the first half of 2026, compared with a EUR 42.40 million loss in the prior-year period. Revenue was EUR 686.60 million, versus EUR 684.90 million previously.

The quality of that improvement deserves attention. First-half EBITDA including one-time items was EUR 88.30 million, while EBITDA before one-time items reached EUR 65.90 million, up from EUR 50.30 million in the prior-year period. The difference reflects a EUR 22.40 million positive effect from restructuring items, according to the same FNE overview.

Where the stock stands

The euro quote sits within its 52-week range of EUR 21.68 to EUR 70.70 as of October 20, 2026. The market capitalization was EUR 1.8 billion, and trading volume stood at 130,403 shares. The stock was 26.20 percent below its 52-week high, calculated from EUR 52.13 and EUR 70.70.

The primary operating issue is execution rather than demand alone. The first-half order backlog reached EUR 1.75 billion, compared with EUR 1.16 billion a year earlier, while the Large Scale segment margin fell from 19.90 percent to 14.40 percent. That combination gives investors a clear metric for the next report: backlog conversion must improve without further margin pressure.

What drives the valuation?

The next reporting date is November 12, 2026, when SMA Solar plans to publish its January-to-September quarterly statement and hold an analyst call, according to SMA Solar. The company is listed in the Prime Standard of the Frankfurt Stock Exchange and is included in the SDAX and TecDAX.

The next report will be measured against the recovery already visible in the first half of 2026. Revenue growth was limited to 0.25 percent year over year, while EBITDA before one-time items increased 31.01 percent, leaving profitability as the more important comparison.

Stock stays below its yearly high

SMA Solar's current price remains 5.90 percent below the Xetra close of October 19, 2026. At EUR 52.13, the stock is 26.20 percent below its 52-week high of EUR 70.70 and 140.50 percent above its 52-week low of EUR 21.68. The further course of trading is shown by the continuously updated real-time quote of SMA Solar stock.