Nordex SE (NRXXY) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Nordex SE (NRXXY) trades at $21.94 with AI Score 39/100 (Grade D). Nordex SE is a global manufacturer of onshore wind turbines, providing project development and maintenance services. Market cap: $10.4B, Sector: Industrials.
Price as of Aug 21, 2026 · Last analyzed: Mar 17, 2026Analyst Coverage for NRXXY: NRXXY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates NRXXY against Industrials peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
NRXXY: the 3 scored disciplines are evenly split. Dominant signal: Seth Klarman bullish.
How is this calculated? →Why this analysis is different
- A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
Nordex SE (NRXXY) Industrial Operations Profile
Nordex SE develops, manufactures, and distributes multi-megawatt onshore wind turbines globally, operating through its Projects and Services segments. With a market capitalization of $10.4B and a P/E ratio of 28.2, the company plays a crucial role in the renewable energy sector, offering comprehensive wind energy solutions.
What Is the Investment Thesis for NRXXY?
Nordex SE presents a notable research candidate within the renewable energy sector. With a market capitalization of $10.4B and a P/E ratio of 28.2, the company demonstrates financial stability and growth potential. The increasing global demand for renewable energy, driven by environmental concerns and government incentives, serves as a significant growth catalyst. Nordex's comprehensive service offerings, including project development and maintenance, provide a diversified revenue stream. However, investors should be aware of potential risks, including intense competition and fluctuations in raw material prices. Nordex's ability to innovate and adapt to changing market conditions will be crucial for sustained success. The company's gross margin of 16.8% indicates room for improvement, highlighting the importance of operational efficiency and cost management. Nordex's beta of 1.32 suggests higher volatility compared to the market, requiring investors to carefully consider their risk tolerance.
Based on FMP financials and quantitative analysis
NRXXY Key Highlights
Market Cap of $10.4B demonstrates significant investor confidence and market valuation.
- P/E Ratio of 28.2 indicates the price investors are willing to pay for each dollar of Nordex's earnings.
- Profit Margin of 3.6% shows the percentage of revenue that translates into profit after all expenses.
- Gross Margin of 16.8% reflects the efficiency of Nordex's production and service delivery.
- Beta of 1.32 suggests that Nordex's stock is more volatile than the overall market.
Who Are NRXXY's Competitors?
NRXXY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| CYJBF HIAB Oyj | $64.00 | +0.00% | $4.13B | 42 |
| FCHRF Georg Fischer AG | $63.78 | -14.96% | $5.23B | 41 |
| FLUIF Fluidra, S.A. | $22.00 | +0.00% | $4.18B | 52 |
| HAIIF Haitian International Holdings Limited | $3.00 | +0.00% | $4.79B | 51 |
| HSHIF Hoshizaki Corporation | $33.13 | +0.00% | $4.66B | 52 |
| DCI Donaldson Company, Inc. | $92.44 | -0.39% | $10.7B | 87 |
| FLS Flowserve Corporation | $77.83 | -0.08% | $9.98B | 65 |
| SPXC SPX Technologies, Inc. | $204.48 | -1.63% | $11.0B | 68 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are NRXXY's Key Strengths?
Strong global presence in the wind turbine market.
- Comprehensive service offerings, including project development and maintenance.
- Technological expertise in developing advanced wind turbine technology.
- Established reputation and long history in the wind energy industry.
What Are NRXXY's Weaknesses?
Relatively low profit margin compared to some competitors.
- Exposure to fluctuations in raw material prices.
- Dependence on government incentives and policies supporting renewable energy.
- High beta indicates higher volatility compared to the overall market.
What Could Drive NRXXY Stock Higher?
Increasing global demand for renewable energy driven by environmental concerns and government incentives.
- Expansion of service and maintenance agreements for existing wind farms, generating recurring revenue.
- Potential new contracts for wind farm projects in emerging markets.
- Technological advancements in turbine efficiency and cost reduction.
- Government policies supporting renewable energy, such as tax credits and subsidies.
What Are the Key Risks for NRXXY?
Intense competition from other wind turbine manufacturers.
- Fluctuations in raw material prices, such as steel and aluminum.
- Changes in government policies and regulations affecting renewable energy.
- Economic downturns that could reduce investment in wind energy projects.
- Currency exchange rate fluctuations impacting the value of ADR shares.
What Are the Growth Opportunities for NRXXY?
- Expansion into Emerging Markets: Nordex SE has the opportunity to expand its presence in emerging markets, where the demand for renewable energy is rapidly increasing. These markets often have less developed energy infrastructure, creating a need for new wind energy projects. By establishing partnerships with local developers and governments, Nordex can secure long-term contracts and increase its market share. The global wind energy market is projected to reach $128.3 billion by 2027, providing a substantial opportunity for growth. Timeline: Ongoing.
- Technological Innovation: Investing in research and development to enhance turbine efficiency and reduce production costs is crucial for Nordex SE. Innovations such as larger rotor diameters, taller towers, and advanced control systems can increase energy production and lower the levelized cost of energy (LCOE). By staying at the forefront of technological advancements, Nordex can maintain a competitive edge and attract customers seeking the most efficient and cost-effective wind energy solutions. Timeline: Ongoing.
- Service and Maintenance Agreements: Nordex SE can generate recurring revenue by offering comprehensive service and maintenance agreements for its wind turbines. These agreements provide customers with peace of mind and ensure the long-term performance of their wind farms. By expanding its service offerings, Nordex can strengthen its customer relationships and create a stable revenue stream. The global wind turbine service market is expected to reach $29.7 billion by 2028. Timeline: Ongoing.
- Offshore Wind Energy: While Nordex SE primarily focuses on onshore wind energy, exploring opportunities in the offshore wind sector could provide significant growth potential. Offshore wind farms typically have higher capacity factors and can generate more electricity than onshore projects. By developing turbines specifically designed for offshore environments, Nordex can tap into a new market segment and diversify its revenue streams. The global offshore wind market is projected to reach $56.8 billion by 2026. Timeline: Upcoming.
- Hybrid Renewable Energy Projects: Integrating wind energy with other renewable energy sources, such as solar and energy storage, can create more resilient and reliable energy systems. Nordex SE can collaborate with other companies to develop hybrid renewable energy projects that combine wind, solar, and storage technologies. These projects can provide a more stable and consistent energy supply, reducing reliance on fossil fuels and enhancing grid stability. Timeline: Upcoming.
What Are NRXXY's Competitive Advantages?
- Technological Expertise: Nordex SE has developed advanced wind turbine technology, providing a competitive advantage.
- Global Presence: The company operates worldwide, serving diverse markets and customers.
- Comprehensive Service Offerings: Nordex SE provides a full range of services, from project development to maintenance.
- Established Reputation: The company has a long history and a strong reputation in the wind energy industry.
What Does NRXXY Do?
Nordex SE, established in 1985 and headquartered in Hamburg, Germany, specializes in the development, manufacturing, and distribution of multi-megawatt onshore wind turbines. The company operates through two primary segments: Projects and Services. The Projects segment focuses on the development of wind power systems, including acquiring rights and creating the necessary infrastructure for construction at suitable locations. The Services segment provides maintenance, remote monitoring, spare parts, repair, and technical enhancement services for existing turbines. Nordex has expanded its global footprint, serving markets worldwide. The company's commitment to innovation and sustainability has positioned it as a key player in the renewable energy sector, addressing the increasing demand for clean energy solutions. With over 10,559 employees, Nordex continues to enhance its technological capabilities and expand its service offerings to meet the evolving needs of the wind energy market. Nordex's turbines are designed for a variety of wind conditions, ensuring efficient energy generation in diverse environments. The company's focus on onshore wind energy allows it to capitalize on established infrastructure and proven technologies, contributing to a more sustainable energy future.
What Products and Services Does NRXXY Offer?
- Develops and manufactures multi-megawatt onshore wind turbines.
- Provides project development services for wind power systems.
- Acquires rights and creates infrastructure for wind farm construction.
- Offers maintenance and remote monitoring services for wind farms.
- Supplies spare parts for wind turbines.
- Provides repair and technical enhancement services for existing turbines.
How Does NRXXY Make Money?
- Sells wind turbines to project developers and energy companies.
- Generates revenue through project development services.
- Provides long-term service and maintenance contracts for wind farms.
- Offers spare parts and repair services for existing turbines.
What Industry Does NRXXY Operate In?
Nordex SE operates within the industrial machinery sector, specifically focusing on wind turbine technology. The renewable energy market is experiencing substantial growth, driven by global efforts to reduce carbon emissions and transition to sustainable energy sources. The wind energy sector is a significant component of this growth, with increasing investments in wind farm projects worldwide. Nordex competes with other major wind turbine manufacturers, such as CYJBF (Siemens Gamesa), FCHRF (Vestas), and HAIIF (General Electric), in a competitive landscape characterized by technological innovation and cost efficiency. The company's success depends on its ability to deliver reliable, high-performance turbines and comprehensive service solutions to meet the evolving needs of the market.
Who Are NRXXY's Key Customers?
- Project developers building new wind farms.
- Energy companies operating wind farms.
- Utilities seeking to expand their renewable energy portfolio.
- Independent power producers (IPPs) generating electricity from wind energy.
Forward Outlook
Wall Street analysts project Nordex SE revenue of about $8.78B for fiscal 2026, with EPS near $0.00. The estimate reflects 14 contributing analysts.
Quarterly Financial Performance: Nordex SE
Revenue for Nordex SE came in at $2.18B during Q2 2026, a 35.0% improvement versus the preceding quarter. The company recorded net income of $111.5M, with diluted EPS of $0.22. Quarter-over-quarter revenue has been mixed, typical for a large-cap company operating in Industrials. Across the four most recent quarters, NRXXY averaged $0.20 in diluted EPS.
NRXXY Valuation & Market Position
With a $10.4B market cap, Nordex SE sits in the large-cap segment of the market. Relative to its peer group, NRXXY's quantitative score of 39/100 is roughly in line with the peer average of 48/100.
Key Financial Metrics
Return on equity for Nordex SE stands at 27.3%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 4.6%, showing how much profit it generates from its asset base. NRXXY trades at a trailing price-to-earnings ratio of 28.21, below the Industrials sector average of ~32x. Its free cash flow yield is 6.8%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.11 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 2.9%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
Nordex SE's Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 2.62 places it in the grey zone, a middle ground that warrants monitoring.
Company Profile
Nordex SE operates in the Industrial - Machinery industry within the Industrials sector. It is headquartered in Hamburg, DE. The company is led by CEO Jose Luis Blanco Diéguez. NRXXY has traded publicly since 2021.
NRXXY Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Strong global presence in the wind turbine market.
- Comprehensive service offerings, including project development and maintenance.
- Technological expertise in developing advanced wind turbine technology.
- Established reputation and long history in the wind energy industry.
Bear Case
- Relatively low profit margin compared to some competitors.
- Exposure to fluctuations in raw material prices.
- Dependence on government incentives and policies supporting renewable energy.
- High beta indicates higher volatility compared to the overall market.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2026 | $2.18B | $112M | $0.22 |
| Q1 2026 | $1.61B | $55M | $0.11 |
| Q4 2025 | $2.54B | $173M | $0.37 |
| Q3 2025 | $1.70B | $52M | $0.11 |
Based on FMP financials and quantitative analysis
NRXXY Latest News
No recent news available for NRXXY.
NRXXY Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for NRXXY.
Price Targets
Wall Street price target analysis for NRXXY.
NRXXY MoonshotScore
What does this score mean?
The MoonshotScore rates NRXXY 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: Jose Luis Blanco Diéguez
CEO
Jose Luis Blanco Diéguez serves as the CEO of Nordex SE, leading a global team of over 10,559 employees. His career spans various leadership roles within the energy sector, focusing on renewable energy technologies and sustainable business practices. He brings extensive experience in strategic planning, operational management, and international market development. His expertise is centered around driving innovation and growth in the wind energy industry.
Track Record: Under Jose Luis Blanco Diéguez's leadership, Nordex SE has focused on expanding its global footprint and enhancing its technological capabilities. Key achievements include securing major contracts for wind farm projects in emerging markets and implementing strategies to improve operational efficiency and reduce costs. He has also overseen the development of new turbine models designed for diverse wind conditions, contributing to the company's competitiveness.
Nordex SE ADR Information Unsponsored
An American Depositary Receipt (ADR) is a certificate representing shares of a foreign company trading on U.S. stock exchanges. NRXXY is an ADR that allows U.S. investors to invest in Nordex SE without directly dealing with foreign exchanges. Each NRXXY ADR represents a specific number of Nordex SE shares traded on its home market.
- Home Market Ticker: NRXX on the Frankfurt Stock Exchange, Germany
- ADR Level: 1
- ADR Ratio: 1:1
- Home Market Ticker: NRXX
NRXXY OTC Market Information
The OTC Other tier represents the lowest tier of the over-the-counter (OTC) market. Companies in this tier often have limited or no financial disclosure and may not meet the listing requirements of major exchanges like the NYSE or NASDAQ. Investing in companies on the OTC Other tier carries higher risks due to the lack of transparency and regulatory oversight compared to listed companies.
- OTC Tier: OTC Other
- Limited Financial Disclosure: The lack of readily available financial information makes it difficult to assess the company's financial health and performance.
- Low Liquidity: Limited trading volume can result in wider bid-ask spreads and difficulty in executing trades.
- Regulatory Uncertainty: OTC-traded companies are subject to less regulatory oversight compared to listed companies.
- Potential for Fraud: The OTC market is more susceptible to fraudulent activities due to the lack of stringent listing requirements.
- Price Volatility: The combination of low liquidity and limited information can lead to significant price swings.
- Verify the company's registration and legal status.
- Obtain and review any available financial statements.
- Assess the company's management team and their track record.
- Research the company's industry and competitive landscape.
- Understand the company's business model and revenue streams.
- Evaluate the risks associated with investing in OTC-traded securities.
- Consult with a financial advisor before making any investment decisions.
- Established History: Nordex SE has been in operation since 1985, indicating a long-standing presence in the wind energy industry.
- Global Operations: The company operates worldwide, serving diverse markets and customers.
- Publicly Available Information: While disclosure is limited on the OTC market, some information may be available through the company's website or other sources.
- Industry Recognition: Nordex SE is a known player in the wind energy sector.
- ADR Structure: The existence of an ADR, even at Level 1, suggests some level of compliance and oversight.
Nordex SE Industrials Stock: Key Questions Answered
What does the AI Score mean for NRXXY?
NRXXY holds an AI Score of 39/100 (Grade: D). This is an educational research signal, not a buy or sell recommendation. Nordex SE is a global manufacturer of onshore wind turbines, providing project development and maintenance services. The company operates through its Projects and Services segments, contributing …
What does Nordex SE do?
Nordex SE specializes in the development, manufacturing, and distribution of multi-megawatt onshore wind turbines. The company operates through its Projects and Services segments, providing comprehensive solutions for wind energy projects. This includes acquiring rights, creating infrastructure, and offering maintenance and remote monitoring services. Nordex serves project developers, energy companies, and utilities worldwide, contributing to the growth of renewable energy.
What are the main risks for NRXXY?
NRXXY faces several risks, including intense competition from other wind turbine manufacturers, fluctuations in raw material prices, and changes in government policies affecting renewable energy. As an ADR, NRXXY is also subject to currency exchange rate fluctuations. Additionally, economic downturns could reduce investment in wind energy projects. Investors should carefully consider these risks before investing in NRXXY, particularly given its OTC Other tier status and limited financial disclosure.
What are the key factors to evaluate for NRXXY?
Nordex SE (NRXXY) holds an AI score of 39/100 (low). P/E: 28.2x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does NRXXY data refresh on this page?
NRXXY's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven NRXXY's recent stock price performance?
Nordex SE (NRXXY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong global presence in the wind turbine market. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider NRXXY overvalued or undervalued right now?
Nordex SE (NRXXY) trades at 28.2x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research NRXXY before investing?
Before investing in Nordex SE (NRXXY), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding NRXXY to a portfolio?
Key strength of Nordex SE (NRXXY): Strong global presence in the wind turbine market. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- The AI analysis is pending, so some information may be incomplete.
- OTC market data may be less reliable than data from major exchanges.
- Financial data is based on the most recent available information.