Endesa SA

ELE: XMAD (ESP)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Endesa Earnings: 2026 Guidance Maintained After Soft Quarter; Shares Overvalued

Tancrede Fulop

Oct 28, 2026

Endesa's nine-month EBITDA increased by 9% year on year. During the third quarter, it went down by 10%. Net ordinary income increased by 22% to EUR 2.1 billion, largely slowing down from the first quarter's 42% growth. The firm maintained its 2026 net income guidance of above EUR 2.4 billion.

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Endesa SA

Endesa Earnings: 2026 Guidance Maintained After Soft Quarter; Shares Overvalued

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