Nordex lands a major wind turbine contract—but its stock plunges anyway
Nordex has secured a major new contract for wind turbines, yet its share price fell sharply after the announcement. Investors followed a 'sell the news' approach, pushing the stock below key technical levels.
The company won a deal to supply 12 turbines of its N133/4.8 model, totalling around 60 megawatts. Construction is set for 2027, and the contract includes a long-term premium service agreement.
The contract win marks a significant investment for Nordex, but the market reaction has been negative so far. With shares now trading near the upgraded fair value estimate, investors will watch whether the €25 support holds. The company’s earnings and margin outlook remains stronger than before, according to recent analyst updates.
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