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Nexans Stock Price, News & Analysis

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Company Description

Nexans UNSP/ADR (NEXNY) represents interests in Nexans, a global organization active in the design and manufacturing of cable systems and energy solutions. According to company communications, Nexans has played a role in the electrification of the planet for more than a century and positions itself as a key driver in the move toward safe, sustainable and decarbonized electricity.

The company describes itself as a global leader in cable systems and related services that support electrification. Its activities are organized across several main business areas that focus on power transmission, power grids, connectivity and industrial solutions. These business areas are referred to as PWR-Transmission, PWR-Grid, PWR-Connect and Industry & Solutions in more recent descriptions, and as Power Generation & Transmission, Distribution, Usage, Industry & Solutions and Telecom & Data in earlier materials. Across these activities, Nexans emphasizes its role in enabling access to electricity and supporting the transition toward renewable and low‑carbon energy systems.

Nexans highlights projects that illustrate its focus on sustainable electrification. In the United States, the company has been selected to design, engineer and manufacture medium‑voltage submarine and terrestrial cables for PacWave South, described as the country’s first grid‑connected wave energy test facility. Nexans also signed a turnkey export cable contract for Empire Wind 1, part of a large offshore wind farm project off the coast of New York. These projects involve subsea and land cables that connect renewable energy generation to onshore grids and are presented by the company as milestones in its strategy around electrification and renewable energy.

Beyond individual projects, Nexans emphasizes its long‑term commitment to climate and social objectives. Company information notes that Nexans created a foundation to support sustainable initiatives that bring access to energy to disadvantaged communities worldwide. Nexans also states that it is recognized for climate action and has made public commitments related to carbon neutrality and Net‑Zero emissions, including alignment with the Science Based Targets initiative (SBTi).

Nexans is listed on Euronext Paris, compartment A. Through the NEXNY unsponsored ADR, U.S. investors can gain exposure to the underlying Paris‑listed shares via the over‑the‑counter market. The company describes itself as operating in dozens of countries and employing tens of thousands of people, underlining its scale as an international manufacturing and energy‑infrastructure group.

Recent company communications also highlight Nexans’ focus on innovation and collaboration. The Nexans Innovation Summit 2025 in Toronto is presented as a forum that brings together participants from energy, sustainability and technology to discuss themes such as smart cities, grid modernization and sustainable electrification. Initiatives like the Nexans Innovation Challenge for university students and community projects in partnership with organizations such as Habitat for Humanity Canada are cited as examples of how the company links technological development with community engagement.

Across its communications, Nexans repeatedly uses the phrase “Electrify the future” to summarize its strategic focus. Its work on offshore wind export cables, wave energy test facilities and grid‑related projects reflects a concentration on infrastructure that connects energy generation, transmission and end‑use. For investors reviewing NEXNY, these activities frame Nexans as a manufacturing and engineering group whose products and services are tied to long‑term trends in electrification and renewable energy deployment.

Stock Performance

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Performance 1 year

SEC Filings

No SEC filings available for Nexans.

Financial Highlights

Revenue (TTM)
Net Income (TTM)
Operating Cash Flow

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Short Interest History

Last 12 Months
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Short interest in Nexans (NEXNY) currently stands at 212 shares, up 54.7% from the previous reporting period, representing 0.0% of the float. Over the past 12 months, short interest has decreased by 40.6%. This relatively low short interest suggests limited bearish sentiment.

Days to Cover History

Last 12 Months
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Days to cover for Nexans (NEXNY) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The ratio has shown significant volatility over the period, ranging from 1.0 to 2.4 days.

Frequently Asked Questions

What is the current stock price of Nexans (NEXNY)?

The current stock price of Nexans (NEXNY) is $68.36 as of March 3, 2026.

What is the market cap of Nexans (NEXNY)?

The market cap of Nexans (NEXNY) is approximately 6.7B. Learn more about what market capitalization means .

What does Nexans UNSP/ADR (NEXNY) represent?

NEXNY represents an unsponsored American Depositary Receipt linked to Nexans, a global organization active in the design and manufacturing of cable systems and energy solutions, whose shares are listed on Euronext Paris, compartment A.

What industry is Nexans associated with?

Nexans is associated with the manufacturing of cable systems and energy solutions. Company materials describe it as a global leader in the design and manufacturing of cable systems and services that support electrification, power transmission, distribution and connectivity.

How does Nexans describe its main business areas?

Nexans describes its activities across several main business areas. Recent information refers to PWR-Transmission, PWR-Grid, PWR-Connect and Industry & Solutions, while earlier descriptions list Power Generation & Transmission, Distribution, Usage, Industry & Solutions and Telecom & Data.

How is Nexans involved in renewable energy projects?

Nexans highlights several renewable‑focused projects, including PacWave South, described as the United States’ first grid‑connected wave energy test facility, and Empire Wind 1, an offshore wind project off New York. In these projects, Nexans is responsible for designing, manufacturing and installing submarine and terrestrial cables that connect renewable generation to the grid.

What is PacWave South and Nexans’ role in it?

PacWave South is described as the first grid‑connected wave energy test facility in the United States, developed by the U.S. Department of Energy, the State of Oregon and Oregon State University. Nexans has been awarded the contract to provide medium‑voltage AC submarine and terrestrial cables that transmit the energy generated at the offshore berths to shore.

What is the Empire Wind 1 project and how is Nexans involved?

Empire Wind 1 is part of a larger offshore wind farm being developed by a joint venture between Equinor and bp off the coast of New York. Nexans signed a turnkey contract covering the design, manufacturing, laying and protection of export cables that will connect the offshore substation for Empire Wind 1 to landfall at South Brooklyn Marine Terminal.

How does Nexans describe its commitment to sustainability and climate goals?

Nexans states that it is committed to electrifying the future through safe, sustainable and decarbonized electricity. The company notes that it created a foundation to support initiatives that bring access to energy to disadvantaged communities and that it is recognized for climate action, with commitments such as contributing to carbon neutrality and targeting Net‑Zero emissions aligned with the Science Based Targets initiative.

What is the Nexans Innovation Summit 2025?

The Nexans Innovation Summit 2025 is an event announced by the company to be held in Toronto. It is described as a gathering of participants from energy, sustainability and technology to discuss topics such as smart cities, grid modernization and sustainability, and it is linked to Nexans’ broader focus on electrification and innovation.

What is the Nexans Innovation Challenge mentioned in company communications?

The Nexans Innovation Challenge is described as an initiative that engages university students to develop solutions in areas such as grid modernization, renewable energy and smart city technologies. Winners are selected at the Nexans Innovation Summit, and the challenge is presented as part of the company’s efforts to foster innovation around electrification.

Where is Nexans listed and how is that relevant to NEXNY?

Nexans is listed on Euronext Paris, compartment A. The NEXNY unsponsored ADR provides a way for investors in U.S. markets to gain exposure to the underlying Paris‑listed shares through over‑the‑counter trading.