Nexi stock trades at EUR 4.17 after FTSE index removal

Published on 09/29/2026 at 08:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nexi stock was last at EUR 4.17 on September 28, 2026, with a market value of EUR 4.9 billion. FTSE index removal puts execution and valuation in view.

Modernes Zahlungsterminal an Ladenkasse in italienischer Einkaufsstraße — Nexi S.p.A. (IT0005366767) betreibt Zahlungsterminals im Einzelhandel, hier fotorealistisch an Ladenkasse gezeigt, Illustration mit AI erstellt.

Nexi stock (ISIN IT0005366767) was last at EUR 4.17 on Borsa Italiana on September 28, 2026, up 0.19 percent from the previous session. The payment group was removed from the FTSE All World Index on September 19, a change that shifts attention from passive fund flows to operating execution, according to Yahoo Finance.

Index exit raises valuation questions

The removal matters because index-tracking funds may adjust their positions after the September 19, 2026 change. Nexi's market capitalization stood at EUR 4.9 billion on September 28, while the stock's 52-week range was EUR 2.64 to EUR 5.04.

Simply Wall St puts the popular narrative fair value at EUR 3.98, below the EUR 4.17 share price on September 28, 2026. That comparison implies a 4.55 percent premium to the stated fair value and leaves contract retention, regional concentration and integration efficiency as central valuation variables.

Cash generation supports the case

Nexi's investor-relations overview reports fiscal-year 2025 revenue of EUR 3.583 billion, EBITDA of EUR 1.901 billion and an EBITDA margin of 53.1 percent, according to Nexi. The same overview lists excess cash of EUR 806 million and planned 2026 shareholder distributions of EUR 350 million, subject to approval at the next annual general meeting.

Those figures give the index story a measurable operating test. A 53.1 percent EBITDA margin and EUR 806 million of excess cash provide the financial base, while the 2026 distribution plan makes cash conversion more important for the equity narrative.

Next results date is set

Nexi's investor-relations calendar schedules the 9M26 results presentation for November 5, 2026. Until then, the market value of EUR 4.9 billion and the gap between the EUR 4.17 share price and the EUR 3.98 fair-value narrative frame the debate around execution.

Nexi was last at EUR 4.17 on Borsa Italiana on September 28, 2026, at 5:35 p.m. CEST, with 3,738,534 shares traded during the session.