Vestas shares climb on strong finish to 2025 on order front
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
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