Wärtsilä stock highlights 33 percent Q2 order growth

Published on 09/29/2026 at 10:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wärtsilä stock was trading at EUR 28.49 on September 29, 2026, with a 52-week high of EUR 40.75. Q2 comparable operating result reached EUR 218 million at a 14.0 percent margin.

Fotorealistische Werfthalle mit großem Schiffsdieselmotor und Kranstrukturen — Fotorealistische Aufnahme einer Schiffsmotoren-Werft zeigt Wärtsilä Oyj Abp, Aktie ISIN FI0009003727, führenden Marine-Energie-Konzern Finnlands, Illustration mit AI erstellt.

Wärtsilä stock (FI0009003727) was trading at EUR 28.49 on Nasdaq Helsinki on September 29, 2026, at 11:25 a.m. EEST, up 0.46 percent from EUR 28.36. The stronger investment signal comes from the company's second-quarter operating data, with order intake and comparable earnings both improving year over year.

Q2 orders reached EUR 2.849 billion

According to Wärtsilä, total order intake increased 33 percent to EUR 2,849 million in April-June 2026 from EUR 2,140 million in the comparable period. Marine and Energy combined order intake rose 45 percent to EUR 2,813 million, while the book-to-bill ratio improved to 1.83 from 1.34.

The comparison is important because reported net sales remained stable at EUR 1,559 million, versus EUR 1,594 million a year earlier, even as organic sales growth reached 5 percent. The order intake figure therefore points to stronger future workload rather than a current revenue acceleration.

Operating result rose 7 percent

Wärtsilä's comparable operating result increased 7 percent to EUR 218 million in Q2 2026 from EUR 203 million, lifting the margin to 14.0 percent from 12.7 percent, the investor page states. Reported operating result rose 14 percent to EUR 209 million, while earnings per share increased to EUR 0.25 from EUR 0.23.

Cash generation added another measurable strength: operating cash flow reached EUR 497 million in Q2 2026, compared with EUR 416 million in the prior-year period. The figures give investors a clearer framework for the next checkpoint, because the company has combined higher orders with a margin at its stated 14 percent level.

Analyst target stays above EUR 32

MarketScreener reported on September 17, 2026, that the analyst consensus was HOLD, with 17 analysts and an average price target of EUR 32.94, compared with a reference last close of EUR 27.86 on September 16. The target snapshot provides a valuation counterweight to the strong order comparison, while the current Nasdaq Helsinki price remains below the source's average target.

Wärtsilä also lists its Capital Markets Day for November 3, 2026, creating a dated strategy checkpoint after the October 27 reporting event shown in its investor calendar. Until then, the combination of EUR 2.849 billion in Q2 orders, a 14.0 percent comparable operating margin and the HOLD consensus defines the stock's current information set.

Wärtsilä stock remains below its yearly high

At EUR 28.49 on September 29, 2026, Wärtsilä stock stood above its 52-week low of EUR 24.36 and below its 52-week high of EUR 40.75. Market capitalization was EUR 16.8 billion and trading volume was 56,732 shares at the same snapshot.