Financial forecasts (in CZK bn):
| 2026 |
Median |
Average |
Minimum |
Maximum |
| Revenues |
306.0 |
306.1 |
266.4 |
355.1 |
| EBITDA |
112.0 |
111.5 |
106.9 |
118.0 |
| EBIT |
56.0 |
55.5 |
47.9 |
61.0 |
| Net income |
34.3 |
33.6 |
28.0 |
38.6 |
| Net income attributable to the parent |
34.1 |
33.3 |
27.5 |
38.5 |
| 2027 |
Median |
Average |
Minimum |
Maximum |
| Revenues |
300.7 |
298.3 |
254.6 |
341.3 |
| EBITDA |
106.0 |
107.0 |
100.2 |
112.0 |
| EBIT |
52.3 |
52.1 |
45.9 |
57.2 |
| Net income |
30.2 |
30.8 |
24.4 |
37.4 |
| Net income attributable to the parent |
30.0 |
30.5 |
23.8 |
37.4 |
| Note: Only estimates published between July 2025 and March 2026 are included. |
| |
Median |
Average |
Min |
Max |
| Target price |
1020 |
979 |
600 |
1250 |
Recommendations:
| Positive (buy, outperform, accumulate etc.) |
0 |
| Neutral (hold, market perform etc.) |
5 |
| Negative (reduce, underperform, sell etc.) |
12 |
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 |
| J&T Banka |
Milan Lávička |
11/04/2024 |
| Kepler Cheuvreux |
Emanuele Oggione |
20/05/2026 |
| Komerční banka |
Bohumil Trampota |
23/02/2026 |
| mBank Brokerage |
Filip Osadczuk |
|
| Morgan Stanley |
Arthur Sitbon |
02/06/2026 |
| Oddo BHF |
Oleg Galbur |
15/05/2026 |
| Patria |
Cuong Manh Le |
26/03/2026 |
| Pekao |
Andrzej Kędzierski |
02/12/2025 |
| PKO BP |
Andrzej Rembelski |
29/01/2026 |
| Santander Brokerage Poland |
Pawel Puchalski |
28/11/2025 |
| Trigon |
Michal Kozak |
28/04/2026 |
| UBS |
Anna Webb |
11/09/2025 |
| Wood & Co. |
Bram Buring |
24/02/2025 |
Last updated on June 2, 2026
