SSE reiterates earnings guidance. SSE stock sits 10.00 percent below its 52-week high

Published on 10/18/2026 at 13:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half adjusted earnings per share is guided at GBp 64.00 to GBp 68.00. SSE stock stood at GBp 2,574.00 on October 16, 2026.

Guidance and valuation markers

SSE reaffirmed 2026/27 adjusted earnings per share guidance at GBp 168.00 to GBp 193.00 on October 1, 2026.
Network investment was 70 percent higher year on year in the October 1, 2026 update.
Jefferies reiterated Buy and a GBp 3,060.00 target on October 1, 2026.
SSE's interim results are scheduled for November 18, 2026.

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SSE (ISIN GB0007908733) expects first-half adjusted earnings per share of GBp 64.00 to GBp 68.00 after its October 1, 2026 trading update. The company reaffirmed adjusted earnings per share guidance of GBp 168.00 to GBp 193.00 for fiscal year 2026/27, according to SSE.

On the London Stock Exchange, SSE was last at GBp 2,574.00 on October 16, 2026 at 5:00 p.m. BST. That level was below the 52-week high of GBp 2,859.89 and above the 52-week low of GBp 1,843.00, with both market figures dated October 16, 2026.

Networks drive the investment case

The October 1 update showed adjusted investment across SSE's regulated networks businesses 70 percent higher year on year. Transmission accounted for most of the increase as work accelerated across 11 major projects, while renewable generation output was expected to be 20 percent higher than a year earlier.

SSE also expected group capital investment of GBP 2.5 billion for the first half, alongside adjusted net debt and hybrid capital of GBP 11.5 billion. The figures underline the capital intensity of the company's networks and renewable-energy expansion, while its 2029/30 adjusted earnings per share target remained GBp 225.00 to GBp 250.00, according to Proactive.

What does the target imply?

Jefferies reiterated a Buy rating and a GBp 3,060.00 price target for SSE on October 1, 2026, as reported by Markets Insider. The target is GBp 486.00 above the October 16, 2026 LSE price, a difference of 18.87 percent versus the market price.

SSE's next scheduled reporting event is its interim results for the six months ended September 30, 2026, on November 18, 2026, according to the company's investor calendar. The date places the upcoming report at the center of the stock's next fundamental test.

Stock context before results

SSE's market capitalization was GBP 31.3 billion on October 16, 2026. Its regulated networks, renewable generation and transmission projects give the company a large investment pipeline, while the October guidance keeps the near-term earnings framework clearly defined.

The further course of trading is shown by the continuously updated real-time quote of SSE stock.