EDP Renewables SA

EDPR: XLIS (PRT)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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EDPR Earnings: Power Prices Will Likely Return to Normal, Affecting 2026's Outlook

Tancrede Fulop , Andrea Burigana

Feb 25, 2026

EDPR reported fourth-quarter EBITDA ahead of guidance despite continued normalization in European power prices. However, EBITDA guidance of EUR 2.1 billion for 2026, at the lower end of the EUR 2.1 billion-EUR 2.2 billion range outlined at the November capital markets day, tempered market reaction.

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EDP Renewables SA

EDPR Earnings: Power Prices Will Likely Return to Normal, Affecting 2026's Outlook

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