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Home/Stocks/NEX.PA
Euronext · France · Electrical Equipment & Parts

NEX.PA Nexans

HV and subsea cable

Downtrend Trading below its 50-day average. (automatic: supply-chain trend + price vs 50-day average)
Last close (delayed) · 2026-10-26
€117.6
+3.52% today
1W
−3.7%
1M
−13.3%
3M
−8.6%
YTD
−4.8%
1Y
−1.4%
Off 52w high
−28.7%
Market cap€4.95B≈ $5.55B
P/E (trailing)—Forward 12.2
EV / sales0.7×EV/EBITDA 8.2×
Revenue (TTM)€8.57BGrowth 19.1% y/y
Margins10.2%gross · op 6.3%
Free cash flow-€3.12MCash €1.46B · debt €2.49B
Analyst target€172.7+46.8% upside · 15 analysts · buy
Riskβ 0.94Short — of float · yield 2.38%

Fundamentals from public market data, refreshed daily (2026-10-24 02:59 UTC). Figures in reporting currency.

NEX.PA · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

0 events

No dated commentary yet for this stock.

About Nexans

Website ↗

Nexans S.A. manufactures and sells cables in France, Canada, Norway, Italy, and internationally. It operates through PWR-Grid & Connect, PWR-Transmission, and Other segments. The company provides cables for the energy distribution networks, as well as equipment cables for buildings. It also offers design, engineering, financing, asset management, and systems management solutions for offshore wind farms, subsea interconnections, onshore high voltage, and subsea data transmissions; and smart solutions for the oil and gas sector. In addition, the company offers wire rods and electrical wires; and engages in winding wire production operations. The company was formerly known as Atalec and changed its name to Nexans S.A. in October 2000. The company was incorporated in 1994 and is headquartered in Courbevoie, France.

25,700 employees · Courbevoie, France

HVDC and extra-high-voltage cable comes from a handful of European and Japanese plants with order books reaching into the 2030s.

Copper / aluminium→Extrusion→HV cable→Interconnector

What would prove us wrong. Weakens if HV backlogs fall while grid capex plans hold.

Peers at the same bottleneck

Who else supplies this

StockRoleLast1D1MYTDTrend
PRY.MI
Prysmian
HV/HVDC and subsea cable leader €102.9+3.86%−15.9%+20.0%
NKT.CO
NKT
HVDC cable kr 821.0+1.86%−10.6%+2.8%
5802.T
Sumitomo Electric
Optical fiber, HV cable and compound semis ¥1,768.0−3.52%−18.9%+14.0%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.