Iberdrola (IBDRY) Stock Forecast & Price Target

Iberdrola
Bear Case

Investors should be bearish about investing in Iberdrola, S.A. for these reasons:

• The consensus recommendation from nine analysts is "Hold," with four analysts issuing a hold rating and one issuing a sell rating, indicating that a significant portion of the sell-side believes the stock is fairly valued and may not offer substantial upside potential in the near term.
• Iberdrola, S.A. reported earnings per share of $1.14 for the quarter ended July 22, 2026, missing the consensus estimate of $1.16, and revenue of $11.93 billion, which was below the expected $12.08 billion, suggesting potential challenges in meeting analyst expectations for growth and profitability.
• The company has a debt-to-equity ratio of 0.79, which, while not excessively high, indicates a moderate level of leverage that could impact financial flexibility and increase risk if interest rates rise or if the company faces operational challenges.
• Kepler Capital Markets downgraded Iberdrola, S.A. from a "strong-buy" rating to a "hold" rating, reflecting a more cautious outlook on the stock's near-term performance and potential for outperforming the market.
• The stock's 50-day moving average is $93.60 and its 200-day moving average is $93.64, with the current price of $96.63 trading above these levels, which could indicate that the stock is overextended in the short term and may be due for a correction or consolidation.