Iberdrola, ES0144580Y14

EDP Renovaveis sees analyst upgrade. Iberian renewables player tracks offshore wind pipeline

Published on 06/29/2026 at 17:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EDP Renovaveis attracts attention after CaixaBank BPI upgraded the renewables group to Buy and raised its price target, while the stock trades on Euronext Lisbon and its offshore wind JV Ocean Winds underpins long-term growth plans.

Iberdrola, ES0144580Y14, Illustration mit AI erstellt.
Iberdrola, ES0144580Y14, Illustration mit AI erstellt.

By Daniel Hoffmann, Chart & Technicals desk. Reviewed prior to publication on 2026-06-29, 17:18.

EDP Renovaveis (ES0144580Y14) enters the new week with a fresh analyst call on its shares. CaixaBank BPI upgraded the Iberian renewables group to Buy on 2026-06-29 and raised its price target, according to MarketScreener data on the stock.

What MarketScreener reports today

MarketScreener summaries show that CaixaBank BPI moved its recommendation on EDP Renewables to Buy and lifted the target price in a note published on June 29, 2026, supporting the case for the shares at current levels.

The same MarketScreener feed indicates that EDP Renovaveis shares recently traded around 13.78 EUR, with a five-day change of about +1.62 percent and a year-to-date gain near +14.45 percent, based on real-time data from other markets.

Offshore wind pipeline and Ocean Winds

An earlier overview on ad-hoc-news highlights that EDP Renovaveis develops much of its offshore wind activity through Ocean Winds, a 50-50 joint venture with ENGIE that targets roughly 17 GW gross capacity in operation or under construction by 2025 in company materials.

Projects such as Moray West in the UK and EFGL off the French coast are cited as part of this portfolio, with long-term offtake contracts that aim to support visibility on future cash flows and underpin the investment case for the EDP Renovaveis stock.

Go deeper

All news and analysis on the EDP Renovaveis shares

More background on EDP Renovaveis, its offshore wind pipeline and analyst views is available via the ad-hoc-news topic page and the company's Investor Relations section.

How EDP Renovaveis makes money

EDP Renovaveis earns most of its revenue from developing, owning and operating renewable generation assets, particularly onshore wind and solar parks in Europe and the Americas, often backed by long-term power purchase agreements that support more stable cash flows.

Where the stock trades today

EDP Renovaveis shares trade on Euronext Lisbon under the ticker EDPR, quoted in euros; recent exchange data for June 26, 2026 showed a closing price of 13.50 EUR and a market capitalization of around 12.0 billion EUR.

EDP Renovaveis at a glance

  • Company: EDP Renovaveis S.A.
  • ISIN: ES0144580Y14
  • WKN: A1J0M2
  • Ticker: EDPR
  • Trading venue: Euronext Lisbon
  • Price (as of 2026-06-26, 17:35): 13.50 EUR
  • Market cap: approximately 12.0 billion EUR (as of 2026-06-26)
  • Sector / industry: Renewable Electricity
  • Index membership: Stoxx Europe 600
  • Next earnings date: not officially scheduled

More on the EDP Renovaveis shares in social media

This article was produced with AI assistance and editorially reviewed. Price and company figures without guarantee; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Stock-market transactions carry risks up to and including total loss.

Disclaimer regarding our articles: No investment advice, no buy or sell recommendation. Information on prices, companies, and markets is provided without guarantee; changes are possible at any time. Stock market transactions can lead to substantial losses. Our articles are created and reviewed in whole or in part automatically with the support of AI.

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