Iberdrola

Iberdrola reports an adjusted net profit rise of 9% to €5.1 billion for the first nine months and an EBITDA increase of 7% to €11.9 billion. Revenue for the three quarters grew by just over 6% to €34.4 billion, supported by a strong power-grid business. The company raised its forecast for adjusted full-year 2026 results to growth of at least 10%; the stock reacted only mutedly. » Mere på finanzen.net

Jefferies raised its target price for Iberdrola ahead of third‑quarter results from €19.20 to €20.70 and confirmed the 'Hold' rating. Analyst Ahmed Farman expects earnings per share to have increased by around 6% and has raised earnings forecasts for 2026–2029 by about 3% on average. » Mere på finanzen.net

Deutsche Bank Research has upgraded Iberdrola from "Hold" to "Buy" and raised the price target from €18.50 to €22.00. Analyst James Brand attributes the view to higher power prices and a stronger near-term growth profile, and expects double-digit earnings increases through 2028. Ahead of the Q3 results, Iberdrola is likely to raise its 2026 outlook. » Mere på finanzen.net

Iberdrola increased revenue in the second quarter by almost 10% to €10.45 billion and adjusted EBITDA by 13% to just under €4 billion, driven by a strong networks business. The company confirmed its raised profit target for 2026 and plans to increase adjusted net income for 2024 by more than 8%. At the same time, Iberdrola is acquiring an 80% stake in Caruna for €2 billion, a strategically fitting but, according to analysts, costly purchase that is likely to slightly boost earnings per share in 2027. » Mere på finanzen.net

Iberdrola is acquiring 80 percent of Finnish power network operator Caruna for 2.01 billion euros. The sellers are a Dutch company controlled by Ontario Teachers' Pension Plan and KKR. The deal is set to close after approval by competition authorities at the end of 2026 or early 2027; half of the purchase price will be paid at closing, the remainder within 30 months. Iberdrola’s share fell temporarily by about 1.5 percent to 21.00 euros. » Mere på finanzen.net