RENE Share Price Performance
€3.61
0.51 (16.48%)
0.6% overvalued intrinsic discount
€3.58
Fair Value
Price €3.61
AnalystConsensusTarget €3.58
AnalystHighTarget €4.45
AnalystLowTarget €2.70
Fair Value€3.58
Share Pricen/a
Narrative Update • Jun 17
REN - Redes Energéticas Nacionais, SGPS, S.A. Stock Price
- 3 Narratives written by author
- 0 Comments on narratives written by author
- 44 Fair Values set on narratives written by author
RENE Community Narratives
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Fair Value
·Fair Value €3.58 0.6% overvalued intrinsic discount
Improved Outlook And Regulatory Risks Will Shape Future Profitability
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29users have followed this narrative
AN
Fair Value
·Fair Value €4.45 19.0% undervalued intrinsic discount
European Decarbonization And Digitalization Will Modernize Transmission Networks
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1users have followed this narrative
AN
Fair Value
·Fair Value €2.7 33.5% overvalued intrinsic discount
Distributed Energy Trends Will Erode Traditional Revenues
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Distributed Energy Trends Will Erode Traditional Revenues
New rooftop solar, local batteries, and microgrids could mean Portugal’s main power and gas network operator has less reason to build big new lines, putting its usual growth engine at risk. Add higher borrowing costs and the chance of tougher rules on what it can earn, and the dividend could come under pressure even if the company keeps investing to stay relevant.Read more
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€2.7
33.5% overvalued intrinsic discount
Fair Value
Revenue
3.34% p.a.
Profit Margin
11.28%
Future PE
16.74x
Price in 2029
€3.32
Improved Outlook And Regulatory Risks Will Shape Future Profitability
Portugal’s main power and gas grid operator faces a tricky trade-off: steady rules may protect earnings, but they can also cap how much the business can grow. The big questions are whether upgrades, renewables and hydrogen projects turn into real new profit streams—or whether decentralised energy and slow demand leave expensive grid assets underused.Read more
AN
€3.58
0.6% overvalued intrinsic discount
Fair Value
Revenue
3.56% p.a.
Profit Margin
13.28%
Future PE
18.75x
Price in 2029
€4.41
European Decarbonization And Digitalization Will Modernize Transmission Networks
REN runs Portugal’s power and gas networks, and a wave of grid upgrades for cleaner energy could let it earn more than many expect—helped by new hydrogen-ready projects and lower costs from digital tools. But because its profits depend heavily on rules set by regulators and it must keep spending big to upgrade the grid, a policy shift or weaker demand could quickly change the outlook.Read more
AN
€4.45
19.0% undervalued intrinsic discount
Fair Value
Revenue
4.51% p.a.
Profit Margin
14.08%
Future PE
28.57x
Price in 2029
€5.48
Trending Discussion
Recently Updated Narratives
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RENE: Underperform Downgrade And Lower Future P/E Will Sustain Overvaluation
Fair Value: €2.7 33.5% overvalued intrinsic discount
0 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
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AN
RENE: Underperform Downgrade And Fair Value View Will Shape Return Expectations
Fair Value: €3.58 0.6% overvalued intrinsic discount
29 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
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AN
RENE: Higher P E Assumptions Will Support Returns Despite Underperform Rating
Fair Value: €4.45 19.0% undervalued intrinsic discount
1 fair value setusers have set this as their fair value
0 commentsusers have commented on this narrative
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Snowflake Analysis
REN - Redes Energéticas Nacionais, SGPS, S.A. Key Details
Last Reported Earnings
Mar 31, 2026
Next Reporting Earnings
Jul 30, 2026
- 0.27
- 55.53%
- 17.17%
- 153.7%
About RENE
- Founded
- 1994
- Employees
- 787
- CEO
- WebsiteView website
REN - Redes Energéticas Nacionais, SGPS, S.A., together with its subsidiaries, engages in the transmission of electricity and natural gas in Portugal. The company operates in two segments, Electricity and Gas; and Telecommunications. It operates as a national electricity transmission network; purchases, sells, imports, and exports electricity and natural gas; manages a concession to operate a pilot area to produce electric energy from ocean waves; and operates a telecommunications network. The company also operates liquefied natural gas terminal maintenance and regasification facilities; and manages projects and ventures in the natural gas sector. In addition, it provides underground storage development, maintenance, and operation services; natural gas transport and management services; and distributes natural gas, as well as communication and sustainability, marketing, business management, business development and consulting, and IT project services. Further, the company invests in assets, shares, companies, and associations; transmits and transforms electricity in Chile, as well as participates, finances, collaborates, and conducts management of companies; and manages back offices. The company was founded in 1994 and is headquartered in Lisbon, Portugal.
Recent RENE News & Updates
Narrative Update • Jun 02
RENE: Underperform Downgrade And Fair Value View Will Shape Return Expectations
Analysts have nudged their price target for REN up slightly to about €3.58 from roughly €3.57, reflecting updated assumptions on revenue growth, profit margins and future P/E, even as at least one firm has moved the stock to an Underperform rating. What's in the News No recent company specific news items were identified for REN based on the provided sources.
Narrative Update • May 17