Financial forecasts (in CZK bn):
| 2025 |
Median |
Average |
Minimum |
Maximum |
| Revenues |
341.1 |
342.2 |
326.8 |
362.8 |
| EBITDA |
132.7 |
132.7 |
130.2 |
136.2 |
| EBIT |
78.6 |
78.5 |
74.8 |
84.0 |
| Net income |
30.2 |
29.5 |
25.9 |
34.4 |
| Net income attributable to the parent |
28.7 |
29.1 |
25.5 |
34.4 |
| 2026 |
Median |
Average |
Minimum |
Maximum |
| Revenues |
313.3 |
317.4 |
283.1 |
359.8 |
| EBITDA |
111.3 |
112.8 |
100.7 |
123.4 |
| EBIT |
58.2 |
59.2 |
48.8 |
70.0 |
| Net income |
36.9 |
37.9 |
28.3 |
47.6 |
| Net income attributable to the parent |
36.3 |
37.3 |
25.9 |
47.6 |
| Note: Only estimates published between May 2025 and September 2025 are included. |
| |
Median |
Average |
Min |
Max |
| Target price |
919 |
904 |
600 |
1127 |
Recommendations:
| Positive (buy, outperform, accumulate etc.) |
1 |
| Neutral (hold, market perform etc.) |
2 |
| Negative (reduce, underperform, sell etc.) |
13 |
Analysts covering ČEZ:
| Company |
Analyst |
Last report |
| Citi |
Piotr Dzieciolowski |
25/07/2025 |
| Erste Bank |
Petr Bártek |
20/05/2025 |
| Fio |
Jan Raška |
04/07/2025 |
| Ipopema |
Robert Maj |
04/12/2024 |
| J&T Banka |
Milan Lávička |
11/04/2024 |
| Kepler Cheuvreux |
Emanuele Oggione |
12/08/2025 |
| Komerční banka |
Bohumil Trampota |
15/11/2024 |
| mBank Brokerage |
Kamil Kliszcz |
02/12/2024 |
| Morgan Stanley |
Arthur Sitbon |
23/05/2025 |
| Oddo BHF |
Oleg Galbur |
05/08/2025 |
| Patria |
Cuong Manh Le |
10/03/2025 |
| Pekao |
Andrzej Kędzierski |
03/06/2025 |
| PKO BP |
Andrzej Rembelski |
09/12/2024 |
| Santander Brokerage Poland |
Pawel Puchalski |
04/06/2025 |
| Trigon |
Michal Kozak |
21/07/2025 |
| UBS |
Anna Webb |
11/09/2025 |
| Wood & Co. |
Bram Buring |
24/02/2025 |
Last updated on September 12, 2025
