Vestas Wind Systems (CPSE:VWS) Is Up 8.0% After Global Multi-Gigawatt Wind And Service Wins – Has The Bull Case Changed?

• In late 2025, Vestas announced a wave of new wind turbine orders totaling several gigawatts across Europe, North America, Asia, and Australia, including its first offshore contract in South Korea and multiple long-term service agreements extending up to 30 years.
• This broad mix of onshore and offshore projects, spread across developed and emerging wind markets, highlights how Vestas is deepening its global footprint while locking in recurring service revenue over the long term.
• We’ll now examine how this surge in diversified, long-term turbine and service orders could influence Vestas’ existing investment narrative.

Trump has pledged to "unleash" American oil and gas and these 22 US stocks have developments that are poised to benefit.

Vestas Wind Systems Investment Narrative Recap

To own Vestas, you generally need to believe in continued global investment in wind power and in Vestas’ ability to convert that into profitable, higher-margin equipment and service contracts. The latest multi‑region order surge, including large offshore and long‑duration service deals, supports the near term catalyst of improving earnings quality, although pricing pressure and offshore ramp‑up costs still look like the key risks to watch rather than issues this news materially resolves.

The 390 MW Shinan‑Ui offshore order in South Korea, with a 20‑year service agreement, looks especially important in this context because it adds scale to Vestas’ offshore business while anchoring long term service revenue. Given the current drag from offshore ramp‑up costs, investors may see this contract as a practical test of whether larger, more complex projects and multi‑year AOM agreements can gradually help offset margin pressure in that segment.

But while these orders are encouraging, investors should still be aware of how ongoing offshore ramp‑up costs could...

Read the full narrative on Vestas Wind Systems (it's free!)

Vestas Wind Systems' narrative projects €23.1 billion revenue and €1.3 billion earnings by 2028. This requires 7.6% yearly revenue growth and about a €538 million earnings increase from €762.0 million today.

Uncover how Vestas Wind Systems' forecasts yield a DKK162.05 fair value, a 13% downside to its current price.

Exploring Other Perspectives

Fourteen fair value estimates from the Simply Wall St Community span a wide range from DKK102.43 to DKK209.97, showing how far apart individual views can be. When you set these opinions against the recent upside in diversified order intake, it underlines why you may want to compare several perspectives before deciding how much of Vestas’ growth and margin risk you are comfortable with.

Explore 14 other fair value estimates on Vestas Wind Systems - why the stock might be worth as much as 12% more than the current price!

Build Your Own Vestas Wind Systems Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your Vestas Wind Systems research is our analysis highlighting 2 key rewards that could impact your investment decision.
• Our free Vestas Wind Systems research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Vestas Wind Systems' overall financial health at a glance.

Want Some Alternatives?

Our daily scans reveal stocks with breakout potential. Don't miss this chance:

• The latest GPUs need a type of rare earth metal called Dysprosium and there are only 39 companies in the world exploring or producing it. Find the list for free.
• Explore 29 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research.
• AI is about to change healthcare. These 29 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com