Analysts and estimates

Analyst Recommendations and Target Price

Below you can find the list of analysts from banks and investment houses that publish studies on EDP share.

Broker	Analyst	Price Target	Recommendation	Date
Bank of America	Alexandre Roncier	4.00	Neutral	11/11/2025
Morgan Stanley	Arthur Sitbon	3.90	Equalweight	11/11/2025
RBC	Fernando Garcia	5.00	Outperform	10/11/2025
Exane BNP	Manuel Palomo	4.80	Outperform	07/11/2025
Mediobanca	Enrico Bartoli	4.40	Neutral	07/11/2025
Caixabank BPI	Flora Trindade/ Pedro Alves	5.00	Neutral	31/10/2025
UBS	Gonzalo Sanchez Bordona	4.75	Buy	30/10/2025
HSBC	Meike Becker	4.90	Buy	29/10/2025
Bestinver	Daniel Rodriguez	4.65	Hold	28/10/2025
Deutsche Bank	Olly Jeffery	4.10	Hold	27/10/2025
JP Morgan	Javier Garrido	4.70	Neutral	27/10/2025
Barclays	Peter Crampton	4.50	Neutral	15/10/2025
JB Capital	Pablo Cuadrado	4.10	Neutral	13/10/2025
Jefferies	Zach Ho	4.55	Hold	09/10/2025
Bernstein	Jorge Alonso	4.15	Outperform	03/09/2025
Santander	Bosco Muguiro	4.50	Outperform	24/06/2025
Caixa BI	Carlos Jesus	3.70	Buy	12/05/2025
Kepler Cheuvreux	Jose Porta	4.90	Buy	03/04/2025
ODDO BHF	Philippe Ourpatian	5.95	Outperform	13/03/2025
Berenberg	Andrew Fisher/ Amber Gleeson	4.10	Buy	10/01/2025

Any opinions, forecasts, estimates, projections or predictions regarding EDP’s performance made by the analysts (and, therefore, the consensus estimate numbers) are theirs alone and do not represent the opinions, forecasts, estimates, projections or predictions of EDP or its management. Reference to recommendations and assessments serves only for reader information, is non-binding and is not intended to constitute investment advice.

EDP assumes no liability for damages or losses incurred by third parties based on the information published on this website and for the accuracy of such estimates and undertakes no obligation to update or revise such estimates.

The consensus was based on analysts' estimates that were published after june 2025.

Detailed Consensus - EBITDA	2025E	2026E	2027E	2028E
Average	4,870	4,960	5,067	5,245
Median	4,859	4,954	5,067	5,214
High	5,011	5,110	5,304	5,482
Low	4,821	4,879	4,877	4,908
Number of estimates	18	18	18	17

Detailed Consensus - Net Profit	2025E	2026E	2027E	2028E
Average	1,251	1,254	1,281	1,342
Median	1,249	1,251	1,269	1,322
High	1,305	1,372	1,454	1,451
Low	1,207	1,212	1,196	1,194
Number of estimates	18	18	18	17

Detailed Consensus - Net Financial Debt	2025E	2026E	2027E	2028E
Average	15,942	16,109	16,280	16,510
Median	15,995	16,050	16,159	16,664
High	16,250	17,075	17,516	18,746
Low	15,296	15,548	14,492	12,923
Number of estimates	18	18	18	17

Detailed Consensus - EPS	2025E	2026E	2027E	2028E
Average	0.30	0.29	0.31	0.30
Median	0.30	0.30	0.30	0.32
High	0.31	0.32	0.33	0.35
Low	0.29	0.29	0.29	0.30
Number of estimates	18	18	18	17

Detailed Consensus - DPS	2025E	2026E	2027E	2028E
Average	0.20	0.20	0.21	0.20
Median	0.20	0.20	0.20	0.21
High	0.22	0.23	0.23	0.25
Low	0.20	0.20	0.20	0.20
Number of estimates	18	18	18	17

Notes:

The consensus was based on estimates of the following entities: HSBC, Bestinver, DB, JP Morgan, M. Stanley, Barclays, Jefferies, RBC, JB Capital, Bank of America, Exane BNP, Goldman S., Bernstein, Mediobanca¹, UBS, Redburn, Santander, CaixaBank BPI.

Updated as of November 5^th, 2025

1. 18 contributors from 2025-2027 and 17 from 2028 ( Mediobanca not included)

Analysts and estimates