Vestas shares climb on strong finish to 2025 on order front

Vestas Wind Systems A/S

02/01/2026 09:15

** Shares in Danish wind turbines maker Vestas VWS.CO rise around 3% to their highest since June 2024 after ending 2025 with a strong order intake

** J.P.Morgan says that Q4 orders are set to beat consensus on strength in large orders

** "Q4 will mark the second straight quarter where demand surprised on the upside, and reinforces our view that fundamentals for the wind industry are improving," it says

**  Sydbank analyst Jacob Pedersen highlights in his note that the robust fourth-quarter order intake of around 5,476 megawatts sets a foundation for future growth

** He notes the US order intake appears particularly uplifting, especially as competitor GE Vernova GEV.N faces sluggish domestic demand and has lowered its earnings targets

    ** Shares of Vestas, one of best STOXX .STOXX performers on Friday, are set to extend their three-day winning streak

(Reporting by Izabela Niemiec)

((izabela.niemiec@thomsonreuters.com))