Update shared on11 Sep 2025
Fair value Increased 2.35%Analysts have raised Nexans’ price target to €133.79, citing strong order backlog growth, increased confidence in mid-term demand, and improved operational resilience.
Analyst Commentary
- Bullish analysts highlight Nexans' strong return to growth in order backlog as a driver for increased confidence.
- Improved visibility on medium-term supply and demand utilization, particularly post-2026, is supporting more optimistic outlooks.
- Raised price targets reflect increased optimism around Nexans’ ability to capture new projects and market share in the energy sector.
- Brokerages cite overall operational improvements and resilience within core segments as key reasons for their upward revisions.
- Persistent positive momentum in the company’s fundamentals and execution is contributing to sustained Buy ratings and higher price objectives.
What's in the News
- Nexans announced a partnership with Crowley Wind Services to develop and operate a Jones Act compliant U.S.-flagged cable lay barge, supporting subsea transmission line installation for offshore wind energy and other industrial uses.
- The 300-foot barge, built in Louisiana, features advanced positioning systems and a large-capacity carousel for cable lay and burial, currently supporting Equinor's Empire Wind offshore wind farm, with flexibility for other subsea projects.
- Nexans announced the upcoming departure of Chief Financial Officer Jean-Christophe Juillard and has initiated a search for a high-profile successor, emphasizing its commitment to strong financial governance and strategic growth.
Valuation Changes
Summary of Valuation Changes for Nexans
- The Consensus Analyst Price Target has risen slightly from €130.71 to €133.79.
- The Consensus Revenue Growth forecasts for Nexans has fallen slightly from -5.0% per annum to -5.2% per annum.
- The Net Profit Margin for Nexans remained effectively unchanged, moving only marginally from 5.56% to 5.65%.
Disclaimer
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