Vestas is the global market leader in onshore wind turbines and a top-three offshore player. Order book recovery in 2025/2026 has been supported by improved pricing discipline and contract terms that pass through commodity risk. US Inflation Reduction Act adders (PTC plus domestic content) underpin the Americas market despite political uncertainty. European Wind Charter implementation accelerates auction volumes. Service business provides high-quality recurring revenue. Margin recovery toward double-digits is the equity story.
Thesis reviewed May 29, 2026
Vestas Wind Systems A/S is headquartered in Denmark, which is currently showing moderate signals.
🇩🇰Denmark46NEUTRALView Denmark risk detail →⚡Energy62REDUCE| Ticker | Company | Score | Gap | Signal Δ | Action |
|---|---|---|---|---|---|
| KMI | Kinder Morgan, Inc. | 63 | +6% | ↓89% | WATCH |
| ET | Energy Transfer LP | 63 | +7% | ↓89% | WATCH |
| HAL | Halliburton Company | 60 | +16% | ↓89% | EARLY |
| COP | ConocoPhillips | 60 | +13% | ↓89% | EARLY |
| PTR | PetroChina Company Limited | 60 | +8% | ↓89% | NEUTRAL |
| SNP | China Petroleum & Chemical Corporation (Sinopec) | 60 | +8% | ↓89% | NEUTRAL |
| TTE | TotalEnergies SE | 60 | +10% | ↓89% | EARLY |
Investors who hold VWDRY may also have indirect exposure through these country funds.
Vestas raises 2026 EBIT margin guidance to mid-single-digits
European Wind Charter signatories accelerate permitting and auction reform
Estimates · Yahoo Finance · Not audited figures