Education
About Us
Working with TipRanks
Follow Us
Orsted A/S (DNNGY)
OTHER OTC:DNNGY
Top Page
Orsted
(OTC:DNNGY)
Select Model
Select Model
Rating:57Neutral
Price Target:
$11.50
▲(8.80% Upside)
Orsted's overall stock score is driven by mixed financial performance, with significant cash flow challenges. Technical analysis indicates bearish momentum, while valuation is moderate. The earnings call provides a cautiously optimistic outlook, balancing operational successes with financing challenges.
Orsted (DNNGY) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$21.88B
Dividend YieldN/A
Average Volume (3M)45.58K
Price to Earnings (P/E)26.9
Beta (1Y)-0.08
Revenue Growth15.65%
EPS GrowthN/A
CountryUS
Employees8,251
SectorUtilities
Sector Strength65
IndustryRenewable Utilities
Share Statistics
EPS (TTM)0.27
Shares Outstanding1,261,155,600
10 Day Avg. Volume37,464
30 Day Avg. Volume45,579
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market Cap2.17
Enterprise Value/Revenue0.74
Enterprise Value/Gross Profit1.95
Enterprise Value/Ebitda2.14
Forecast
1Y Price Target
$11.50Price Target Upside8.80% Upside
Rating ConsensusHold
Number of Analyst Covering0
Orsted Business Overview & Revenue Model
Company DescriptionØrsted A/S is a leading renewable energy company headquartered in Denmark, specializing in the development, construction, and operation of offshore and onshore wind farms, solar energy projects, and energy storage solutions. The company is a prominent player in the global transition to renewable energy, focusing on sustainable energy solutions and innovative technologies to reduce carbon emissions. Ørsted's core services include the generation of green electricity, energy trading, and providing integrated solutions for energy consumers.
How the Company Makes MoneyØrsted generates revenue primarily through the sale of electricity from its renewable energy projects, including offshore and onshore wind farms and solar installations. The company enters into long-term power purchase agreements (PPAs) with utility companies and large-scale energy consumers, ensuring a stable income stream. Additionally, Ørsted earns revenue from energy trading activities, optimizing the sale of electricity in various markets. The company also invests in energy storage solutions, which can provide ancillary services and enhance grid stability, further contributing to its revenue. Strategic partnerships with other energy firms and governments for joint projects and research initiatives play a significant role in expanding Ørsted's market reach and financial performance.
Orsted Earnings Call Summary
Earnings Call Date:Aug 11, 2025
(Q2-2025)
| % Change Since: |
Next Earnings Date:Nov 05, 2025
Earnings Call Sentiment Neutral
The earnings call highlights significant progress in operational performance and construction milestones, supported by strong financial backing. However, challenges with project financing and increased funding requirements present notable concerns. The company's strategic measures and support from shareholders provide a positive outlook, but the balance of highlights and lowlights results in a cautious sentiment.Q2-2025 Updates
Positive Updates
Strong Operational Performance
EBITDA for the first half of 2025 amounted to DKK 13.9 billion, and the company remains on track to deliver the full-year EBITDA guidance of DKK 25 billion to DKK 28 billion despite lower wind speeds.
Solid Progress in Construction Portfolio
Achieved first power on Greater Changhua 2b and 4 in Taiwan, completed turbine foundation installation on Revolution Wind in the U.S., and initiated turbine foundation installation at Sunrise Wind.
High Offshore Portfolio Availability
First-half availability across the offshore wind portfolio was 92%, a significant increase compared to the same period last year.
Successful Project Financing
Closed project financing for Greater Changhua 2, raising approximately DKK 20 billion.
Support from Majority Shareholder
Announced a fully underwritten rights issue of DKK 60 billion supported by the Danish State.
Negative Updates
Increased Total Recordable Injury Rate
The Total Recordable Injury Rate increased to 2.7, slightly above the target of 2.5.
Challenges with Sunrise Wind Financing
Discontinued the divestment and associated nonrecourse project financing process for Sunrise Wind due to increased perceived risks in the U.S. offshore wind market.
Incremental Funding Requirement
The discontinuation of the Sunrise Wind financing process led to an incremental funding requirement of around DKK 40 billion across 2025 to 2027.
Delay in Greater Changhua 2b and 4
Updated installation schedule due to a slow start to array cable installation and delivery delays of turbine blades, though no material financial impact is expected.
Company Guidance
In the recent call, Ørsted announced a fully underwritten rights issue expected to raise DKK 60 billion in gross proceeds to strengthen its capital structure, particularly to fund full ownership of the Sunrise Wind project following discontinued divestment and financing processes. The company aims to deliver an EBITDA of DKK 25 billion to DKK 28 billion for the full year 2025, with first-half EBITDA standing at DKK 13.9 billion. Ørsted achieved a 92% availability rate across its offshore portfolio, a significant improvement from the previous year, and reported a total recordable injury rate of 2.7. The company plans to deliver on its 8.1 gigawatt offshore wind construction program, with expectations to almost double its installed capacity by 2027. Additionally, Ørsted secured DKK 7 billion from divestments and closed project financing for Greater Changhua 2, raising approximately DKK 20 billion. The rights issue is intended to provide financial flexibility, enabling Ørsted to pursue future offshore wind projects in core markets and maintain a solid investment-grade rating.Orsted Financial Statement Overview
Summary
Orsted's financial performance is mixed. The income statement shows recovery with improved margins and revenue growth, but cash flow challenges persist, particularly with negative free cash flow. The balance sheet is stable with manageable leverage, but cash flow issues need addressing for long-term stability.Income Statement
Orsted's income statement shows a mixed performance. The TTM data indicates a positive revenue growth rate of 4.23%, recovering from previous declines. The gross profit margin is healthy at 37.88%, and the net profit margin has improved significantly to 10.33% from negative figures in prior years. However, the company has experienced volatility in EBIT and EBITDA margins, reflecting operational challenges. Overall, the income statement suggests a recovery trajectory but highlights the need for consistent profitability improvements.65
Positive
Balance Sheet
The balance sheet reflects a stable financial position with a debt-to-equity ratio of 1.03, indicating manageable leverage. The return on equity has improved to 8.21% in the TTM period, showing better utilization of equity. However, the equity ratio is moderate, suggesting a balanced approach to financing. The company has maintained a solid asset base, which supports its long-term growth prospects. Overall, the balance sheet is strong, with some room for improvement in equity utilization.70
Positive
Cash Flow
Orsted's cash flow statement reveals challenges, particularly with free cash flow, which remains negative. The operating cash flow to net income ratio is 0.32, indicating moderate cash generation relative to net income. The free cash flow to net income ratio is negative, reflecting cash flow pressures. Despite a slight improvement in free cash flow growth, the company needs to enhance its cash flow management to support sustainable growth. The cash flow position is a concern and requires strategic focus.50
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 64.29B | 58.83B | 69.08B | 126.09B | 69.14B | 37.10B |
| Gross Profit | 24.35B | 22.87B | 22.45B | 28.93B | 16.03B | 11.32B |
| EBITDA | 22.24B | 16.84B | -7.70B | 27.34B | 23.84B | 27.49B |
| Net Income | 6.64B | -206.00M | -20.51B | 15.13B | 10.96B | 15.60B |
Balance Sheet | ||||||
| Total Assets | 285.11B | 298.79B | 281.14B | 314.14B | 270.38B | 196.72B |
| Cash, Cash Equivalents and Short-Term Investments | 24.72B | 32.94B | 39.18B | 38.13B | 14.83B | 29.87B |
| Total Debt | 90.86B | 96.62B | 88.05B | 71.55B | 58.53B | 41.82B |
| Total Liabilities | 187.69B | 205.30B | 203.34B | 218.61B | 185.25B | 99.39B |
| Stockholders Equity | 88.04B | 83.09B | 75.89B | 91.54B | 82.06B | 94.61B |
Cash Flow | ||||||
| Free Cash Flow | -34.40B | -24.30B | -9.67B | -21.08B | -22.42B | -10.49B |
| Operating Cash Flow | 16.49B | 18.36B | 28.53B | 11.92B | 12.15B | 16.47B |
| Investing Cash Flow | -21.03B | -21.76B | -34.73B | -17.91B | -12.59B | -16.56B |
| Financing Cash Flow | 7.29B | 15.84B | 265.00M | 13.79B | 3.39B | -2.13B |
Orsted Technical Analysis
Neutral
10.57
Price Trends
12.80
Negative
13.29
Negative
13.98
Negative
Market Momentum
-0.50
Negative
43.99
Neutral
76.37
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DNNGY, the sentiment is Neutral. The current price of 10.57 is above the 20-day moving average (MA) of 10.41, below the 50-day MA of 12.80, and below the 200-day MA of 13.98, indicating a neutral trend. The MACD of -0.50 indicates Negative momentum. The RSI at 43.99 is Neutral, neither overbought nor oversold. The STOCH value of 76.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for DNNGY.
Orsted Peers Comparison
Overall Rating
UnderperformOutperform
Sector (66)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | 2.76B | 25.28 | 3.39% | ― | 33.19% | 486.74% | |
63 Neutral | 5.63B | 43.59 | 4.11% | 6.19% | -0.27% | -16.25% | |
61 Neutral | 5.63B | 41.48 | 4.11% | 6.51% | -0.27% | -16.25% | |
57 Neutral | $21.88B | 26.92 | 9.54% | ― | 15.65% | ― | |
48 Neutral | 6.06B | -4.59 | -1174.68% | 4.37% | 12.46% | -388.89% | |
42 Neutral | 13.32B | -39.27 | 0.00% | ― | 305.08% | -17.22% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% |
* Utilities Sector Average
Performance Comparison
DNNGY
Orsted
10.66
-11.36
-51.59%
CWEN
Clearway Energy
28.51
0.32
1.14%
CWEN.A
Clearway Energy
27.04
0.89
3.40%
BEPC
Brookfield Renewable
34.18
4.61
15.59%
SMR
NuScale Power
45.00
34.11
313.22%
RNW
ReNew Energy Global
7.61
1.03
15.65%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.