Intesa Sanpaolo stock trades 2.59 percent below its yearly high

Published on 09/29/2026 at 07:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Intesa Sanpaolo stock was last at EUR 6.76 on September 28, 2026, while its buyback spent EUR 62.2 million. Goldman Sachs raised its target to EUR 7.80.

Flatlay-Aufnahme mit Euro-Scheinen, Goldbarren, Aktien-Zertifikat und ISIN-Karte auf Marmor — Intesa Sanpaolo IT0000072618 – Flatlay mit Euro-Scheinen, Goldbarren, Aktien-Zertifikat und einer ISIN-Karte, Illustration mit AI erstellt.

Intesa Sanpaolo stock (ISIN IT0000072618) was last at EUR 6.76 on Borsa Italiana on September 28, 2026, down 0.38 percent from the prior close. The price stood 2.59 percent below its 52-week high of EUR 6.94, giving investors a clear valuation reference as the bank continues its large share repurchase program.

Buyback reaches EUR 1.9 billion

According to Intesa Sanpaolo on September 28, 2026, the bank purchased 9,240,041 ordinary shares between September 21 and September 25 for EUR 62.2 million, at an average price of EUR 6.7297 per share. The shares represented 0.05 percent of share capital.

The cumulative program had reached 288,176,233 shares by September 25, equal to 1.63 percent of share capital, with total spending of EUR 1.9 billion. The repurchased shares are intended for cancellation, so the program directly reduces the number of shares outstanding rather than merely supporting employee compensation plans.

Goldman Sachs lifts target

On September 11, 2026, MarketScreener reported that Goldman Sachs raised its price target from EUR 7.50 to EUR 7.80 and retained a Buy rating. The new target is 15.38 percent above the September 28 price, leaving the analyst view materially above the latest Borsa Italiana quotation.

The target change followed an assessment by Goldman Sachs analyst Sofie Peterzens that Intesa Sanpaolo offered a stronger profile than Spain's Caixa in earnings potential, diversification, cost efficiency and valuation. That comparison gives the repurchase program a second significance: cancellation can lift earnings per share if net income remains unchanged.

First half sets earnings baseline

Intesa Sanpaolo reported first-half 2026 net income of EUR 5.554 billion in figures as of June 30, 2026. The result provides the current earnings baseline behind the valuation discussion, while the latest buyback disclosure supplies the more immediate market catalyst.

MarketScreener lists the next earnings release for October 29, 2026. Until then, the buyback pace, the cancellation effect and the distance to the EUR 7.80 target remain the central measurable reference points for the shares.

Stock stays below yearly high

Intesa Sanpaolo was last at EUR 6.76 on Borsa Italiana on September 28, 2026, with 31,691,868 shares traded and a market capitalization of EUR 119.4 billion.