Acciona (ANA) AI Stock Analysis

• Market Cap: €12.84B
• Dividend Yield: 2.87%
• Average Volume (3M): 58.01K
• Price to Earnings (P/E): 12.6
• Beta (1Y): 1.04
• Revenue Growth: 4.87%
• EPS Growth: 339.22%
• Country: ES
• Employees: 66,021
• Sector: General
• Sector Strength: N/A
• Industry: Engineering & Construction
• EPS (TTM): 5.08
• Shares Outstanding: 54,856,650
• 10 Day Avg. Volume: 55,177
• 30 Day Avg. Volume: 58,005
• PEG Ratio: 0.14
• Price to Book (P/B): 2.15
• Price to Sales (P/S): 0.50
• P/FCF Ratio: 26.72
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €145.00
• Price Target Upside: -37.01% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 2
• EPS Forecast (FY): 8.11
• Revenue Forecast (FY): €20.73B

• Rating: 60 Neutral
• Price Target: €232.00 ▲(0.78% Upside)
• Action: Reiterated Date: 03/02/26
• Date: Action: Reiterated 03/02/26

The score is held back primarily by elevated leverage and inconsistent free-cash-flow generation despite strong operating cash flow. Technicals are supportive due to a strong uptrend, but overbought indicators add near-term risk. Valuation is reasonable with a modest dividend yield, providing partial support but not enough to fully offset the financial risk profile.

Positive Factors

Diversified renewables and infrastructure business model

Acciona’s dual-pillar model (renewable generation plus construction/concessions) creates diversified, complementary revenue streams: merchant and contracted power sales, long-duration concession receipts, and recurring construction fees. This mix reduces cyclicality, supports stable project pipelines and long-term cash generation, and aligns with structural demand for clean energy and infrastructure investment over the coming months.

Negative Factors

Elevated leverage and refinancing sensitivity

Total debt approaching €14B with debt-to-equity near ~3.0x materially increases refinancing, interest-rate and covenant risk. High leverage constrains financial flexibility for new bids or opportunistic investments, raises cost of capital, and makes the company more sensitive to earnings or cash-flow volatility over the medium term.

Acciona Business Overview & Revenue Model

Company Description

Acciona, S.A., together with its subsidiaries, engages in the energy, infrastructure, and other businesses in Spain and internationally. The company develops, constructs, operates, and maintains wind, solar photovoltaic, solar thermal, hydro, and ...

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Acciona, S.A., together with its subsidiaries, engages in the energy, infrastructure, and other businesses in Spain and internationally. The company develops, constructs, operates, and maintains wind, solar photovoltaic, solar thermal, hydro, and ...

How the Company Makes Money

Acciona makes money primarily through two main pillars: renewable energy and infrastructure. 1) Renewable energy (generation and related activities) - Electricity sales: Acciona develops and operates renewable generation assets (e.g., wind and so...

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Acciona makes money primarily through two main pillars: renewable energy and infrastructure. 1) Renewable energy (generation and related activities) - Electricity sales: Acciona develops and operates renewable generation assets (e.g., wind and so...

Acciona Financial Statement Overview

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	21.69B	20.24B	19.19B	17.02B	11.20B	8.10B
Gross Profit	14.66B	10.90B	12.13B	11.56B	7.78B	6.23B
EBITDA	2.38B	2.84B	2.56B	2.42B	1.81B	1.52B
Net Income	832.00M	803.00M	422.00M	541.00M	615.00M	332.00M
Balance Sheet
Total Assets	34.41B	35.85B	34.62B	31.65B	22.59B	19.60B
Cash, Cash Equivalents and Short-Term Investments	4.84B	5.40B	4.82B	3.72B	2.66B	2.53B
Total Debt	13.24B	13.62B	12.56B	11.21B	7.93B	6.88B
Total Liabilities	28.37B	29.44B	28.24B	24.80B	16.29B	14.05B
Stockholders Equity	4.55B	4.71B	4.81B	5.01B	4.88B	4.31B
Cash Flow
Free Cash Flow	224.00M	379.00M	-492.00M	-1.20B	-547.00M	-375.40M
Operating Cash Flow	2.52B	2.15B	2.24B	1.70B	1.65B	572.98M
Investing Cash Flow	-1.09B	-334.00M	-2.46B	-3.21B	-1.94B	-1.09B
Financing Cash Flow	-42.00M	-520.00M	760.00M	2.90B	338.00M	383.63M

Acciona Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 230.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ES:ANA, the sentiment is Positive. The current price of 230.2 is above the 20-day moving average (MA) of 217.78, above the 50-day MA of 206.06, and above the 200-day MA of 183.20, indicating a bullish trend. The MACD of 5.26 indicates Negative momentum. The RSI at 62.86 is Neutral, neither overbought nor oversold. The STOCH value of 92.96 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ES:ANA.

Acciona Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GSJ	73 Outperform	€559.22M	12.27	17.08%	1.89%	3.23%	12.32%
ACS	65 Neutral	€31.04B	22.99	20.71%	2.38%	25.47%	7.63%
TRE	62 Neutral	€2.79B	10.84	29.15%	―	41.87%	55.79%
ANA	60 Neutral	€12.84B	12.61	18.00%	2.87%	4.87%	339.22%
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
SCYR	53 Neutral	€3.63B	32.80	8.86%	5.28%	2.03%	-32.59%
OHLA	51 Neutral	€625.69M	297.92	0.29%	―	1.39%	72.34%