EU / Japan · Power & Cooling
High-Voltage & Subsea Cable
HVDC and extra-high-voltage cable comes from a handful of European and Japanese plants with order books reaching into the 2030s.
Copper / aluminium→Extrusion→HV cable→Interconnector
74
Tightness score ⓘ
#16 of 56
■ Stable
Lead time
36–60 mo
Theme 1M
−12.3%% in uptrend
0%Metric to watch
Prysmian/Nexans/NKT HV backlog and new factory announcements.
What would prove us wrong
Weakens if HV backlogs fall while grid capex plans hold.
HV cable theme performance
Equal-weight · rebased 100 · 1YStocks we track
Who controls this bottleneck
Roles, not recommendations. Delayed prices; local currency.
| Stock | Role | Listing | Last | 1D | 1M | 3M | YTD | Off 52w high | Trend | Next earnings |
|---|---|---|---|---|---|---|---|---|---|---|
| PRY.MI Prysmian |
HV/HVDC and subsea cable leader | Borsa Italiana Italy |
€110.4 | −3.92% | −11.6% | −10.7% | +28.8% | −29.6% | 2026-10-29 | |
| NEX.PA Nexans |
HV and subsea cable | Euronext France |
€118.6 | −7.63% | −10.7% | −10.8% | −4.0% | −28.1% | — | |
| NKT.CO NKT |
HVDC cable | Nasdaq Copenhagen Denmark |
kr 839.0 | −4.00% | −3.3% | −6.6% | +5.1% | −24.6% | 2026-11-19 | |
| 5802.T Sumitomo Electric |
Optical fiber, HV cable and compound semis | TSE Japan |
¥1,770.0 | −5.35% | −23.6% | −18.4% | +14.2% | −48.9% | 2026-10-30 |