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
Bernstein	Jorge Alonso	5.30	Outperform	11/05/2026
HSBC	Meike Becker	5.30	Buy	11/05/2026
ODDO BHF	Philippe Ourpatian	5.95	Outperform	11/05/2026
Bank of America	Alexandre Roncier	4.00	Sell	07/05/2026
RBC	Fernando Garcia	5.50	Outperform	05/05/2026
JB Capital	Pablo Cuadrado	5.05	Buy	27/04/2026
Caixabank BPI	Pedro Alves	5.65	Buy	17/04/2026
Morgan Stanley	Arthur Sitbon	4.60	Equalweight	09/04/2026
Barclays	Peter Crampton	4.50	Equalweight	23/03/2026
UBS	Gonzalo Sanchez Bordona	5.05	Buy	23/03/2026
Exane BNP	Manuel Palomo	5.10	Outperform	26/02/2026
Kepler Cheuvreux	Jose Porta	5.10	Buy	19/02/2026
JP Morgan	Javier Garrido	4.70	Neutral	10/02/2026
Jefferies	Zach Ho	4.20	Hold	27/01/2026
Berenberg	Andrew Fisher	4.70	Buy	21/01/2026
Deutsche Bank	Olly Jeffery	4.20	Hold	19/01/2026
Mediobanca	Enrico Bartoli	4.40	Neutral	07/11/2025
Bestinver	Daniel Rodriguez	4.65	Hold	28/10/2025
Santander	Bosco Muguiro	4.50	Outperform	24/06/2025
Caixa BI	Carlos Jesus	3.70	Buy	12/05/2025

The present consensus is computed based on the information received from the financial analysts who regularly publish opinions on the performance of EDP, S.A. share in the stock market and have updated estimates and forecasts for EDP performance since 2025 Results presentation, presented on May 7th, 2026.

Any estimates or forecasts related to the performance of EDP made by analysts (and consequently the result of the consensus) are from their entire responsibility and do not reflect EDP’s opinions or the opinion of its board of directors. EDP cannot be taken responsible for the accuracy of those estimates and does not assume any obligation to update them if it is not informed of the changes.

Detailed Consensus - EBITDA	2026E	2027E	2028E
Average	5,033	5,096	5,239
Median	5,034	5,085	5,230
High	5,086	5,199	5,383
Low	4,963	4,970	5,079
Number of estimates	15	15	15

Detailed Consensus - Net Profit	2026E	2027E	2028E
Average	1,255	1,251	1,329
Median	1,256	1,253	1,341
High	1,323	1,306	1,440
Low	1,211	1,149	1,209
Number of estimates	15	15	15

Detailed Consensus - Net Financial Debt	2026E	2027E	2028E
Average	15,653	15,452	15,260
Median	15,697	15,424	15,185
High	16,269	16,860	16,925
Low	14,542	14,295	14,085
Number of estimates	15	15	15

Detailed Consensus - EPS	2026E	2027E	2028E
Average	0.30	0.30	0.31
Median	0.30	0.30	0.32
High	0.30	0.31	0.34
Low	0.27	0.26	0.27
Number of estimates	15	15	15

Detailed Consensus - DPS	2026E	2027E	2028E
Average	0.20	0.21	0.21
Median	0.20	0.21	0.21
High	0.21	0.22	0.23
Low	0.20	0.20	0.20
Number of estimates	15	15	15

Notes:

The consensus was based on estimates of the following entities: Barclays, Bernstein SocGen, BoA - ML, Caixabank BPI , DB, Exane BNP, Goldman S., HSBC, JB Capital, Jefferies, JP Morgan, Kepler Cheuv., M. Stanley, RBC and UBS

Updated as of May 5^th, 2026

Analysts and estimates