QM · rank #5 · 2026-10-23
NDX1
XETRA · EUR · $10.42B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +93.90% |
|---|---|
| ROE TTM Return on equity, trailing 12 months. | +32.4% |
| Profit margin Net profit margin, trailing 12 months. | +5.0% |
| Market cap (USD) Size filter: > $300M required (USD-equivalent). | $10.42B |
| Anchor (recent) Close on 2026-09-23 | $40.72 |
| Anchor (far) Close on 2025-09-23 | $21.00 |
The AI research card
Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.
Summary
Nordex SE is a European onshore wind-turbine OEM offering N131–N175 turbine platforms, installation, and multi-year Premium Service contracts, with an €18B+ combined order book as of H1 2026.
Rationale
The 94% trailing momentum is directly reinforced by concrete fundamentals — Q3 EBITDA doubling YoY, a 29.5% surge in order intake, and a raised full-year EBITDA-margin guidance band — making this a momentum signal grounded in accelerating earnings delivery rather than pure sentiment rotation.
Material risks
- 1Intense pricing competition from Vestas, Siemens Gamesa, and increasingly aggressive Chinese turbine suppliers could commoditize turbine margins and erode the newly raised 11.5–12.5% EBITDA-margin guidance before the large order book fully converts.
- 2U.S. policy or tariff reversals could cancel or delay the re-established U.S. pipeline, removing a key incremental growth driver that partially underpins the current momentum and order-intake trajectory.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.