Goldman, Jefferies Lift RWE Targets to 75 EUR Amid Earnings Bounce

RWE stock has seen significant gains following upgrades from Goldman Sachs and Jefferies. The bank's analysts have lifted their price targets for RWE to 75 EUR per share, with Goldman Sachs increasing its target by 4 EUR, or around 5.6 percent, to match the higher target set by Jefferies.

According to MarketScreener, Goldman Sachs and Jefferies have reiterated their Buy ratings on RWE stock following the upgrades. This move has contributed to a roughly four-month high for RWE shares, with the stock trading at just over 59 EUR as of September 1, 2026.

The analysts' positive view is based on expected higher power prices supporting earnings per share in fiscal 2026 and 2027. Projected EPS of 3.14 EUR and 3.29 EUR are around 5 percent above the current market consensus at the midpoint, according to Jefferies.