Nordex Stock Skyrockets on Surprise Profit Upgrade – Wind Turbine Maker Defies Industry Woes
Nordex raised its 2025 EBITDA margin forecast to 7.5–8.5% after Q3 profit nearly doubled to €136 million. Shares surged up to 15%, reaching their highest level since 2021. Analysts lifted earnings estimates, though some firms, including Oddo BHF and RBC, urged caution and maintained neutral or underperform ratings. Q3 new orders rose 26% year-on-year to 2.17 GW.