Update shared on04 Aug 2025
Fair value Increased 6.86%Nexans’ consensus price target has increased to €125.79, as analysts cite improved backlog growth, enhanced future supply/demand outlook, stronger operational execution, and greater project pipeline visibility, supporting optimism regarding the company’s medium-term prospects.
Analyst Commentary
- Return to growth in backlog indicates improving demand visibility.
- Enhanced medium-term supply/demand utilization expected post-2026, boosting confidence in sustained revenue.
- Improved operational execution contributing to stronger fundamentals.
- Upward revisions to price targets reflect optimism regarding Nexans' growth trajectory.
- Visibility into future project pipeline supports a more constructive outlook for the company.
What's in the News
- Nexans partnered with Crowley Wind Services to develop and operate a Jones Act compliant U.S.-flagged cable lay barge supporting offshore wind, subsea cable, and telecommunication installation; currently supporting Equinor's Empire Wind project and can be configured for other subsea applications.
- Jean-Christophe Juillard will step down as CFO; Nexans has started a search for a high-profile successor to ensure continued financial governance and strategic momentum.
- Nexans inaugurated the Stella Nova Center of Excellence in Hanover, Germany, focusing on high-precision manufacturing, cryogenic systems, and superconducting cable technology for use in data centers and other sectors, highlighting innovation in sustainable electrification.
- The company is actively seeking acquisitions in low- and mid-voltage electrification projects, with a particular focus on expanding its presence in Asia-Pacific, North America, and Europe.
Valuation Changes
Summary of Valuation Changes for Nexans
- The Consensus Analyst Price Target has risen from €117.71 to €125.79.
- The Consensus Revenue Growth forecasts for Nexans has significantly fallen from -3.3% per annum to -5.2% per annum.
- The Net Profit Margin for Nexans has risen from 5.00% to 5.35%.
Disclaimer
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