AlphaValue/Baader Europe Lowers Ørsted Price Target, Estimates Amid US Stop-work Order

02:20 AM EST, 12/30/2025 (MT Newswires) -- AlphaValue/Baader Europe cut its price target and EPS projections for Ørsted (ORSTED.CO), expecting the US stop-work order to cause a low-cause impairment of $500 million in 2026. The Danish energy group received a stop-work order related to national security concerns for its Revolution Wind and Sunrise Wind projects in the US. The 90-day halt may be extended at the authorities' discretion. Assuming the suspension lasts for three months across both projects, the research firm slashed its EPS estimates by 21.8% for 2025 and by 9.51% for 2026, consequently lowering the price target to 152 Danish kroner from 165 kroner. "While the outcome of this new episode remains highly uncertain, we believe additional delays are more likely than a full project cancellation with dismantling, which would represent a nightmare scenario," analysts wrote. "At this stage, we therefore maintain our Buy recommendation and continue to believe that an outcome better than the worst-case scenario will ultimately prevail for the five projects affected by the stop-work order."