RWE's stock stumbles after Bernstein downgrade despite record highs
RWE's stock has faced a setback after a strong rally pushed its price to a 52-week high. On February 11, 2026, shares peaked at €55.00 but have since fallen by 5.45% to €52.00. The decline follows a downgrade from Bernstein Research, which adjusted its outlook despite raising the price target.
Bernstein Research downgraded RWE from Outperform to Market-Perform on February 13. Analysts cited the stock's recent surge, arguing that much of its growth potential is now reflected in the price. The firm also increased its target from €50 to €65, suggesting limited room for further gains from current levels.
The downgrade came after RWE hit €55.00, its highest point in a year, before dropping to around €52.00. On Friday, the stock reacted by halting its upward momentum, slipping 4.59% in 24 hours from a peak of €54.76.
Not all analysts share Bernstein's view. Jefferies maintained a Buy rating with a €61 target, highlighting a split in opinions. Meanwhile, operational updates—such as successful UK solar and wind auctions and share buybacks—failed to offset the price reaction.
Investors are now in a consolidation phase, though the stock's long-term uptrend remains intact.
RWE's recent decline reflects profit-taking after a sharp rally, with Bernstein's downgrade adding pressure. While some analysts remain bullish, the stock's near-term movement may stay subdued. The company's operational progress has not yet reversed the current correction.
