Energias de Portugal S.A. American Depositary Receipt (EDPFY)
Is Energias de Portugal (EDPFY) Outperforming Other Utilities Stocks This Year?
Here is how Energias de Portugal (EDPFY) and Sabesp (SBS) have performed compared to their sector so far this year.
Best Income Stocks to Buy for April 11th
EDPFY, QFIN and ORANY made it to the Zacks Rank #1 (Strong Buy) income stocks list on April 11, 2025.
Best Income Stocks to Buy for April 9th
HSNGY, EDPFY and TGNA made it to the Zacks Rank #1 (Strong Buy) income stocks list on April 9, 2025.
EDP: A Tactical Buy
We like EDP on the resilient utility end markets, solid income proposition and unnecessary price languishing before Liberation Day. The price languished due to leverage being a restriction on the company developing more assets for the coming couple of years, also to sustain current dividends. EDP has been one of the few picks resilient to the negative tariff news this week, reflecting resilient end markets, but also the benefits of a downturn on leverage burdens.
EDP: More Than 10% Deleveraging Should Be Easy In 2025
EDP is dialing back renewable investment, which eats away at future asset rotation gains that it has successfully scored for years on its market-based NAV discount. Markets did not like the related changes in guidance though so the stock's been hit, despite addressing leverage by dialing back investments and higher European electricity prices. We estimate coarsely as much as 15% deleveraging could be possible in 2025 with electricity prices also rising. Markets will like it, and it's of very low prices. A buy.
Portugal's EDP maintains 2026 guidance despite cutting investment plans
Portugal's largest utility EDP on Thursday maintained its EBITDA and net profit guidance for 2026 despite cutting its investment plan and reporting a drop in profit for last year.
Portugal's EDP confident of its US plans despite Trump wind review
EDP is confident its existing U.S. onshore projects will not be affected by President Trump's wind power decisions, its CEO said, but Portugal's largest utility company will revise its future business plan and growth expectations in coming months.
EDP SA downgraded to Equal Weight from Overweight at Barclays
Barclays downgraded EDP SA to Equal Weight from Overweight with a price target of EUR 3.60, down from EUR 4.50. The firm believes EDP will continue to be held back as EDPR continues to underperform from an operational point of view. Barclays cites its below-consensus forecasts for the downgrade.
Energias de Portugal: Still Left Behind
EDP remains one of our preferred utilities pick in Europe, currently undervalued despite market concerns over its reinvestment focus and rising net debt. Recent earnings show strong hydro performance, but other renewables lagged. Net debt rose more than 10% year-to-date due to heavy investments in wind and solar. EDP's fixed debt structure and stable business model support leverage, but markets are wary. ND/EBITDA is at 3.6x, a manageable level.
Energias De Portugal: A Solid, 5.2% Yield With An Upside
EDP is an above-average company with impressive margins, a leadership position in renewables, and a global presence in the utility sector. Energias de Portugal is a solid investment with good fundamentals and upside potential in a chaotic market. The company has a strong institutional shareholding with large players like BlackRock, China Three Gorges Corporation, and Qatar.
