Nordex (NDX1) Stock Overview
Develops, manufactures, and distributes multi-megawatt onshore wind turbines in Europe, North America, Latin America, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 4/6 |
| Past Performance | 6/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for NDX1 from our risk checks.
NDX1 Community Fair Values
Create NarrativeSee what 28 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Capital Goods opportunity
CE
Fair Value from
CA$5.257.0% undervalued intrinsic discount
When GPS fails: this small cap is fixing a $54B drone problem
Key Points: Sparc AI (CSE:SPAI) is tackling a growing global problem: drones and aircraft failing when GPS is jammed or spoofed, a problem already driving massive government losses globally. Its Overwatch platform is a software solution to the hardware problem, using AI and existing sensors making it highly scalable across fleets.
Read full narrativeNordex SE Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €46.74 |
| 52 Week High | €51.70 |
| 52 Week Low | €16.36 |
| Beta | 1.15 |
| 1 Month Change | 2.59% |
| 3 Month Change | 42.76% |
| 1 Year Change | 170.33% |
| 3 Year Change | 313.63% |
| 5 Year Change | 145.74% |
| Change since IPO | -43.69% |
Recent News & Updates
Narrative Update • May 01
NDX1: Higher Profitability Assumptions Will Test Delivery Against Fairly Balanced Expectations
Nordex's updated analyst price target moves from €41.06 to €45.70. This reflects analysts' refreshed assumptions for fair value, discount rate, revenue growth, profit margin and future P/E after a series of recent target increases across multiple research houses.
Narrative Update • Apr 15
NDX1: Execution Risks Around Profitability Targets Will Pressure Future Earnings Consistency
Analysts have lifted the fair value estimate for Nordex from €18.87 to €20.50. This reflects higher price targets from firms that highlight stronger margins, a slightly lower discount rate, and a modestly reduced future P/E assumption as key supports for the updated view.Narrative Update • Apr 01
NDX1: Elevated Expectations Will Heighten Execution Risk Around Margin Delivery
Narrative Update The updated analyst price target for Nordex increases the fair value estimate from about €38.25 to roughly €41.06. This reflects mixed rating actions but generally more constructive analyst views supported by slightly higher modeled revenue growth, a modestly lower discount rate and a higher future P/E assumption.Recent updates
Narrative Update • May 01
NDX1: Higher Profitability Assumptions Will Test Delivery Against Fairly Balanced Expectations
Nordex's updated analyst price target moves from €41.06 to €45.70. This reflects analysts' refreshed assumptions for fair value, discount rate, revenue growth, profit margin and future P/E after a series of recent target increases across multiple research houses.Narrative Update • Apr 15
NDX1: Execution Risks Around Profitability Targets Will Pressure Future Earnings Consistency
Analysts have lifted the fair value estimate for Nordex from €18.87 to €20.50. This reflects higher price targets from firms that highlight stronger margins, a slightly lower discount rate, and a modestly reduced future P/E assumption as key supports for the updated view.Narrative Update • Apr 01
NDX1: Elevated Expectations Will Heighten Execution Risk Around Margin Delivery
Narrative Update The updated analyst price target for Nordex increases the fair value estimate from about €38.25 to roughly €41.06. This reflects mixed rating actions but generally more constructive analyst views supported by slightly higher modeled revenue growth, a modestly lower discount rate and a higher future P/E assumption.
Narrative Update • Mar 18
NDX1: Long Term Contracts And Rising Margins Will Support Future Re Rating
The analyst price target for Nordex has been lifted from €38 to €58. Analysts attribute this change to updated models that assume higher revenue growth, stronger profit margins and a slightly higher future P/E multiple, supported by recent price target increases to €50 at Berenberg and Jefferies and a €40 initiation at Bernstein.Narrative Update • Mar 04
NDX1: Fair Value Reflects Stronger Margins Yet Persistent Execution Uncertainty
Analysts have raised their implied fair value estimate for Nordex from about €30.74 to roughly €38.25, citing recent price target increases and research that points to an improved long-term profitability outlook. Analyst Commentary Recent research shows a split in sentiment around Nordex, with some analysts becoming more optimistic after recent results and others turning more cautious and issuing downgrades.Narrative Update • Feb 18
NDX1: Execution Risks Will Challenge Order Pipeline And Future Earnings Consistency
Analysts have raised their price target on Nordex to €18.87 from €17.18. This change reflects updated assumptions on revenue growth, profit margins, discount rates and future P/E, based on recent research that includes both target increases and rating downgrades.Narrative Update • Feb 03
NDX1: Future Margin Momentum Will Face Execution Risks Despite New Profitability
Analysts have raised their implied fair value for Nordex from €27.75 to €30.74. This change reflects recent price target increases from several firms and updated assumptions for slightly higher growth, profitability and future P/E levels.Narrative Update • Jan 20
NDX1: Long Term Power Contracts And Rising Margins Will Drive Re Rating
Our updated fair value estimate for Nordex moves to €38 from €36 as analysts factor in higher long term revenue growth and modestly stronger margin and P/E assumptions. This is supported by a series of recent price target increases from the Street, alongside some rating downgrades that flag emerging risks.Narrative Update • Jan 06
NDX1: Higher Profitability And Long Term Contracts Will Support Re Rating
Our fair value estimate for Nordex increases to €36 from €26, reflecting analysts' higher price targets in the €22 to €31 range, as well as their focus on improving profitability metrics and updated P/E assumptions. Analyst Commentary Recent research updates on Nordex show a range of views, but several bullish analysts are increasing their targets as they reassess the company’s earnings power and valuation framework.Analysis Article • Jan 04
Here's Why We Think Nordex (ETR:NDX1) Is Well Worth Watching
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Narrative Update • Dec 23
NDX1: Future Margin Momentum Will Build Amid Order And Policy Execution Risks
Analysts have nudged our Nordex fair value estimate slightly higher to EUR 27.75 from about EUR 27.54, reflecting a wave of rising Street price targets on improving profitability momentum through 2026, even as opinions on the stock's rating remain mixed. Analyst Commentary Recent Street commentary highlights growing optimism around Nordex's earnings trajectory and valuation, albeit with lingering concerns about order visibility and regional exposure.Analysis Article • Dec 23
The Return Trends At Nordex (ETR:NDX1) Look Promising
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...Narrative Update • Dec 09
NDX1: Future Profitability Momentum Will Build While Order And Execution Risks Persist
The analyst fair value estimate for Nordex has inched up from EUR 27.29 to EUR 27.54, as analysts factor in improving revenue growth and profitability expectations, supported by a series of recent price target increases across the Street. Analyst Commentary Street research on Nordex has turned incrementally more constructive, with a cluster of recent price target upgrades reflecting improving confidence in the company incoming earnings trajectory and margin profile, even as some commentators flag execution and regional demand risk.Narrative Update • Nov 25
NDX1: Future Profitability Momentum Will Build as Order Risks Are Monitored Through 2026
Nordex's average analyst price target has risen, reflecting recent increases from several firms, most notably Jefferies and Deutsche Bank, as analysts anticipate stronger profitability and positive momentum for the company through 2026. Analyst Commentary Recent analyst updates highlight ongoing debate over Nordex’s outlook, with adjustments to price targets and ratings reflecting differing views on the company’s execution, growth potential, and market challenges.Narrative Update • Nov 10
NDX1: Future Profitability and Order Volumes Will Drive Share Performance Through 2026
Analysts have raised their price target for Nordex from approximately €24 to over €27, citing ongoing improvements in profitability, revenue growth, and future earnings expectations. Analyst Commentary Recent research updates from major financial institutions reflect a mix of optimism about Nordex's growth trajectory and some caution regarding future execution risks.Narrative Update • Oct 27
European Orders And Mixed Ratings Will Shape Global Expansion Path
Analysts have raised their fair value price target for Nordex from €23.11 to €23.96. This change is due to recent adjustments in profit margin outlook, a mix of updated ratings, and new risk considerations.Analysis Article • Oct 14
Nordex SE (ETR:NDX1) Stock Catapults 25% Though Its Price And Business Still Lag The Industry
The Nordex SE ( ETR:NDX1 ) share price has done very well over the last month, posting an excellent gain of 25...Narrative Update • Oct 10
Robust European Demand Will Drive Lasting Global Expansion
The analyst price target for Nordex has been modestly lowered to €23.11 from €23.46 as analysts factor in tempered growth expectations and heightened risks from potential declines in German orders and reinvestment plans. Analyst Commentary Recent analyst activity reflects a mix of confidence and caution regarding Nordex's future performance.Narrative Update • Sep 26
Robust European Demand Will Drive Lasting Global Expansion
Nordex’s consensus price target was raised to €23.46 as analysts cited stronger order intake, margin improvement, and a supportive European wind market, while acknowledging valuation concerns, leading to a slightly higher fair value estimate. Analyst Commentary Bullish analysts raised price targets in light of stronger-than-expected order intake and backlog growth, supporting improved revenue visibility.Analysis Article • Sep 04
When Should You Buy Nordex SE (ETR:NDX1)?
Nordex SE ( ETR:NDX1 ), might not be a large cap stock, but it saw a significant share price rise of 25% in the past...Analysis Article • Aug 20
Nordex SE's (ETR:NDX1) Intrinsic Value Is Potentially 57% Above Its Share Price
XTRA:NDX1 1 Year Share Price vs Fair Value Explore Nordex's Fair Values from the Community and select yours Key...Analysis Article • Aug 05
We Like Nordex's (ETR:NDX1) Earnings For More Than Just Statutory Profit
XTRA:NDX1 1 Year Share Price vs Fair Value Explore Nordex's Fair Values from the Community and select yours Nordex SE's...Analysis Article • Jun 27
There Is A Reason Nordex SE's (ETR:NDX1) Price Is Undemanding
When close to half the companies operating in the Electrical industry in Germany have price-to-sales ratios (or "P/S...Analysis Article • May 28
Does Nordex (ETR:NDX1) Have A Healthy Balance Sheet?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
New Narrative • Mar 11
Decarbonization Efforts And Global Expansion Will Boost Future Prospects
Strategic expansion in Europe, Canada, and Australia is expected to boost market share and drive revenue growth.Shareholder Returns
| NDX1 | DE Electrical | DE Market | |
|---|---|---|---|
| 7D | -3.7% | -0.6% | -0.02% |
| 1Y | 170.3% | 122.9% | 0.1% |
Return vs Industry: NDX1 exceeded the German Electrical industry which returned 139.8% over the past year.
Return vs Market: NDX1 exceeded the German Market which returned 3.4% over the past year.
Price Volatility
| NDX1 volatility | |
|---|---|
| NDX1 Average Weekly Movement | 7.5% |
| Electrical Industry Average Movement | 7.2% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in DE Market | 13.2% |
| 10% least volatile stocks in DE Market | 2.6% |
Stable Share Price: NDX1 has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: NDX1's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1985 | 11,202 | Jose Blanco Diéguez | www.nordex-online.com |
Nordex SE, together with its subsidiaries, develops, manufactures, and distributes multi-megawatt onshore wind turbines in Europe, North America, Latin America, and internationally. It operates in Projects and Services segments. The company offers Delta4000 and Delta series turbine platforms.
Nordex SE Fundamentals Summary
| NDX1 fundamental statistics | |
|---|---|
| Market cap | €11.34b |
| Earnings (TTM) | €320.26m |
| Revenue (TTM) | €7.71b |
34.5x
P/E Ratio1.4x
P/S RatioIs NDX1 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NDX1 income statement (TTM) | |
|---|---|
| Revenue | €7.71b |
| Cost of Revenue | €5.63b |
| Gross Profit | €2.08b |
| Other Expenses | €1.75b |
| Earnings | €320.26m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Jul 29, 2026
| Earnings per share (EPS) | 1.35 |
| Gross Margin | 26.93% |
| Net Profit Margin | 4.16% |
| Debt/Equity Ratio | 35.4% |
How did NDX1 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/08 09:43 |
| End of Day Share Price | 2026/05/08 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Nordex SE is covered by 32 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Virginia Sanz de Madrid Gross | Banco Santander |
| Rupesh Madlani | Barclays |
| Xin Wang | Barclays |