Bernstein raises target for Saipem stock to EUR 5.44

Published on 10/09/2026 at 13:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bernstein set EUR 5.44 target from EUR 4.96 on October 9, 2026. Saipem stock spans EUR 2.17 to EUR 4.85 at EUR 8.5 billion value.

Key points in brief

Bernstein raised its Saipem target to EUR 5.44 from EUR 4.96 on October 9, 2026.
The increase equals 9.68 percent and keeps an Outperform recommendation.
Saipem's 52-week range was EUR 2.17 to EUR 4.85, with market capitalization at EUR 8.5 billion on October 8, 2026.
The company is scheduled to publish third-quarter 2026 results on November 18, 2026, followed by a conference call on November 19, 2026.

Saipem, IT0000068525, Illustration mit AI erstellt.

Bernstein raised its target for Saipem stock to EUR 5.44 from EUR 4.96 on October 9, 2026, while maintaining an Outperform recommendation, according to Teleborsa. The 9.68 percent increase makes the target the clearest current analyst signal for the Milan-listed energy and infrastructure contractor.

Three events reset the calendar

On September 23, 2026, Saipem set November 18, 2026, for approval of results as of September 30, 2026, according to Saipem. On October 7, 2026, Bank of America kept a Buy rating and a EUR 5.50 target, as reported by Teleborsa. On October 9, 2026, Bernstein lifted its target from EUR 4.96 to EUR 5.44.

What does the target change mean?

The move from EUR 4.96 to EUR 5.44 is a 9.68 percent increase, calculated against the previous target. Bernstein also retained Outperform, giving the update both a valuation change and an unchanged recommendation.

Bank of America's October 7, 2026, view provides a second reference point at EUR 5.50. The two targets differ by EUR 0.06, leaving the latest published broker range tightly grouped around the EUR 5.00 level.

Results dates now carry guidance

Saipem's Board is scheduled to approve consolidated results for the period ending September 30, 2026, on November 18, 2026. The company said the meeting will also address the 2027 budget and resulting market guidance, according to Saipem.

The conference call is scheduled for November 19, 2026. That sequence places the third-quarter report and the initial 2027 outlook in the same two-day investor timetable.

Stock context and listing

Saipem is listed on Borsa Italiana under ticker SPM and belongs to the FTSE MIB, according to InvestPane. The stock's 52-week range was EUR 2.17 to EUR 4.85, and its market capitalization was EUR 8.5 billion on October 8, 2026. The 52-week change was 71.70 percent.

Next dates for Saipem stock

The next dated company event is the November 18, 2026, Board meeting for third-quarter results, followed by the November 19, 2026, conference call. For investors, the key comparison is now between the EUR 5.44 Bernstein target, the EUR 5.50 Bank of America target and the eventual 2027 guidance.