Streetbeat News

CDLR

Cadeler A/S

https://www.cadeler.com

Industry

Marine Shipping

Cadeler A/S operates as an offshore wind farm transportation and installation contractor in Denmark. It also provides wind farm maintenance, construction, decommissioning, and other tasks within the offshore industry, as well as marine and engineering services. The company owns and operates four offshore jack-up windfarm installation vessels. Cadeler A/S was incorporated in 2008 and is headquartered in Copenhagen, Denmark.

Open

20.21

Mkt cap

438M

Volume

73K

High

20.09

P/E Ratio

-499.75

52-wk high

28.75

Low

19.83

Div yield

N/A

52-wk low

16.95

Cadeler, a leader in offshore wind farm construction, is set to benefit from the growing renewable energy trend. The offshore wind market is expected to grow from $14.6 billion in 2024 to $41.8 billion by 2033, providing stable margins for Cadeler.

Portfolio Pulse from

March 06, 2025 | 2:00 pm

Cadeler has signed a Vessel Reservation Agreement with Ocean Winds for the installation of wind turbine generators at the BC-Wind offshore wind farm in the Polish Baltic Sea. The contract value is estimated between EUR 48 million and EUR 56 million.

Portfolio Pulse from

February 07, 2025 | 7:15 am

Cadeler has secured two contracts for its new wind installation vessel, Wind Mover, with undisclosed clients.

Portfolio Pulse from

February 03, 2025 | 5:00 pm

Cadeler A/S reported strong Q3 results, driven by high client demand and effective utilization of its modern fleet. The company has a backlog nearing EUR 2.4 billion, highlighting robust market demand. The addition of the Wind Peak vessel further strengthens its capabilities.

Portfolio Pulse from

November 26, 2024 | 7:15 am

Shares of companies within the broader industrial sector are trading lower amid overall market weakness following weak US data.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:47 pm

Stifel analyst Benjamin Nolan maintains a Buy rating on Cadeler (NYSE:CDLR) and raises the price target from $34 to $37.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 5:36 pm

Cadeler shares are trading higher after the company announced a contract to install 72 15MW wind turbines at Inch Cape Offshore Wind Farm.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 1:24 pm

Cadeler announced a contract to install 72 15MW wind turbines at the Inch Cape Offshore Wind Farm, with the contract value expected to be between €114M and €130M.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 1:24 pm

U.S. stocks were mixed on Thursday, with the Dow Jones index falling around 250 points. e.l.f. Beauty, Inc. (NYSE:ELF) reported better-than-expected fourth-quarter earnings, leading to a 15.5% rise in its stock price. Other notable gainers included Bicycle Therapeutics plc (NASDAQ:BCYC), iLearningEngines, Inc. (NASDAQ:AILE), Endava plc (NYSE:DAVA), LiveRamp Holdings, Inc. (NYSE:RAMP), Borr Drilling Limited (NYSE:BORR), Erasca, Inc. (NASDAQ:ERAS), BBB Foods Inc. (NYSE:TBBB), EnerSys (NYSE:ENS), NVIDIA Corporation (NASDAQ:NVDA), Cadeler A/S (NYSE:CDLR), Dell Technologies Inc. (NYSE:DELL), PDD Holdings Inc. (NASDAQ:PDD), CI&T Inc. (NASDAQ:CINT), Zuora, Inc. (NYSE:ZUO), and AC Immune SA (NASDAQ:ACIU).

Portfolio Pulse from Avi Kapoor

May 23, 2024 | 2:26 pm

The article lists industrial stocks that moved significantly during Thursday's pre-market session. Notable gainers include Zoomcar Holdings (ZCAR), Greenwave Tech Solns (GWAV), Expion360 (XPON), Nuburu (BURU), Volato Group (SOAR), and Cadeler (CDLR). Significant losers include Titan Machinery (TITN), Nxu (NXU), Jayud Global Logistics (JYD), Greenland Technologies (GTEC), Exela Technologies (XELA), and Swvl Hldgs (SWVL).

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 12:06 pm

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