Cadeler A/S Strengthens Position with New Vessels and Expanding Backlog

Cadeler A/S Sponsored ADR ( (CDLR) ) has issued an announcement.

On May 21, 2025, Cadeler A/S announced its first-quarter results, highlighting the delivery of two new vessels, Wind Maker and Wind Pace, as part of its newbuild program. The company reported a contract backlog increase to EUR 2.5 billion, reflecting strong demand for its services and a growing global footprint. Cadeler’s operations in Q1 included several key projects, such as the completion of an O&M campaign for Siemens Gamesa and mobilization for the He Dreiht installation project. The company also secured significant contracts, including a major offshore wind farm project in the US, contributing to its strategic expansion and industry positioning.

The most recent analyst rating on (CDLR) stock is a Buy with a $37.00 price target. To see the full list of analyst forecasts on Cadeler A/S Sponsored ADR stock, see the CDLR Stock Forecast page.

Spark’s Take on CDLR Stock

According to Spark, TipRanks’ AI Analyst, CDLR is a Neutral.

Cadeler A/S scores well due to strong financial performance and a positive earnings call. However, increased leverage, negative free cash flow, and valuation concerns temper the overall outlook. The company’s strategic positioning and significant backlog growth contribute positively to its prospects.

To see Spark’s full report on CDLR stock, click here.

More about Cadeler A/S Sponsored ADR

Cadeler A/S is a company operating in the offshore wind industry, focusing on providing marine and engineering services for the installation and maintenance of wind turbines. The company is known for its global presence, with active operations in Europe, APAC, and the United States, and a strong contract backlog indicating a robust market position.

Average Trading Volume: 73,030

Technical Sentiment Signal: Sell

Current Market Cap: $1.71B

For a thorough assessment of CDLR stock, go to TipRanks’ Stock Analysis page.