Nordex Stock at All-Time Highs
The Nordex stock has seen a remarkable rally in recent weeks, approaching the annual high of 18.60 euros. Should the stock sustainably exceed this level, further upward potential opens up according to technical chart analysis, with the next resistance mark being around 22.15 euros. Particularly speculative investors could realize a profit of over 100 percent with a so-called knockout paper (Turbo Open End Bull) if the price increases accordingly.
Reasons for Strong Performance
- Positive Earnings Turnaround: Nordex demonstrated in the first quarter that the company has largely put its previous problems behind it. Despite stagnating sales, the corporation significantly increased its profit. This is mainly due to Nordex having completed old contracts and being able to consistently pass on increased raw material prices to customers.
- Full Order Books: The order situation is currently exceptionally good: In the second quarter, incoming orders totaled around 2,310 megawatts – a growth of 82 percent compared to the previous year. The order backlog increased by 34 percent in the first half of the year to 4,492 megawatts. Several projects in the UK, Belgium, and France with a total volume of 135 megawatts were recently won.
- Economic Political Impulses: A shift from former U.S. President Donald Trump is seen as an additional impetus for the industry, fueling investors’ buying enthusiasm further, while heightened market interest continues to promote the upswing.
Other Positive Factors
Price Development: The average selling price per megawatt of capacity has slightly increased – from 0.96 million euros last year to currently around 0.97 million euros. Nordex UK & Ireland received the “RoSPA President’s Award” – a confirmation of operational excellence and occupational safety. The investment bank Jefferies reaffirmed its buy recommendation with a price target of 21 euros, representing an upside of 8 percent.
Outlook
The wind turbine manufacturer thus benefits in several ways: from an improved earnings situation to full order books and positive political signals from the U.S., the spectrum of drivers is broad. If these factors continue to hold and no major market turbulence occurs, Nordex could also offer attractive returns in the medium term – especially for risk-seeking investors with speculative products such as turbo certificates or knockout papers.
Overall, it shows that the combination of operational strength, strong demand for wind energy systems, and favorable framework conditions makes Nordex a promising stock in the renewable energy sector.