On September 18, 2026, MWB RESEARCH AG upgraded their outlook for Nordex SE – Depositary Receipt (OTCPK:NRXXY) from Hold to Buy. This follows a previous upgrade on June 21, 2026, when the firm raised the company’s rating from Sell to Hold.
Nordex SE, based in Germany, specializes in manufacturing and servicing wind turbines and is focused on expanding its presence in the renewable energy sector. Notably, Nordex has engaged in large-scale wind farm installations in the United States and Germany, utilizing advanced turbine technologies to enhance energy efficiency.
As of September 1, 2026, consensus recommendations for Nordex included 4 strong buy, 12 buy, 7 hold, and 1 sell, yielding a positive recommendation percentage of 66.7%. The consensus target mean price for Nordex was $19.59, representing a 16.97% increase from a prior target mean of $16.75 recorded on November 17, 2025.
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