The Nordex stock recently reached a yearly high and even a 3-year high, attributed to a very strong order situation and positive market movements. On July 10, 2025, the price rose to up to 19.37 euros, marking the highest level in several years.
Why Nordex Stock is Booming
The main reasons for this development are:
- Strong Incoming Orders: In the second quarter of 2025, Nordex recorded new business of approximately 2.3 gigawatts (2300 megawatts) – representing growth of about 82% compared to the previous year with only 1.3 gigawatts. Furthermore, in the first half of the year, incoming orders rose by about 34% to a total of around 4,492 megawatts. The new projects include countries like Belgium, France, and Great Britain, with a total volume of around 135 megawatts in the most recent period.
- Price Stability: The average selling price per megawatt remained nearly stable at around 0.97 million euros, showing a slight increase compared to the previous year (0.96 million euros), highlighting price discipline in the industry.
- Analysts view the situation positively: The analysis firm Jefferies maintains its buy recommendation (“Buy”) and sees a price target of around 21 euros – representing an additional upside potential of about +8% over the current price level.
This combination of a strong order situation, stable prices, and positive assessments by analysts generates significant interest among investors and drives the stock price higher.
Conclusion
In summary: The Nordex stock is currently benefiting significantly from excellent demand for wind energy systems and favorable political economic conditions in the energy sector, reflected in full order books and rising prices.