Poste Italiane stock falls as TIM stake passes 67 percent

Published on 09/22/2026 at 19:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Poste Italiane stock closed at EUR 26.67 on September 21, 2026, down 0.82 percent. First-half revenue rose 5.9 percent to EUR 6.84 billion.

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Poste Italiane stock closed at EUR 26.67 on Euronext Milan on September 21, 2026, down 0.82 percent from the previous close. The move came as the company advanced its control of Telecom Italia, with its stake reaching about 67 percent during the reopened acceptance period.

TIM control reaches 67 percent

In the first day of the reopened offer window, additional Telecom Italia shares were tendered, lifting Poste Italiane's holding to about 67 percent of the capital. Ad-hoc-news reported the stake increase on September 22, 2026.

The acceptance period reopened on September 21 and is scheduled to run through September 25, 2026, according to The Globe and Mail. The transaction gives Poste Italiane indirect control of TIM Brasil through Telecom Italia, adding a large telecommunications asset to its existing postal, financial and insurance operations.

First-half figures show growth

Poste Italiane reported first-half 2026 revenue of EUR 6.84 billion, up 5.9 percent from the prior-year period. EBIT increased 6.8 percent to EUR 1.77 billion from EUR 1.66 billion, while net income rose 3.5 percent to EUR 1.21 billion from EUR 1.17 billion, according to MarketScreener on September 22, 2026.

The comparison between revenue growth of 5.9 percent and net-income growth of 3.5 percent shows that earnings expanded more slowly than sales in the first half. Net financial position remained positive at EUR 4.24 billion on June 30, 2026, compared with EUR 5.64 billion at the end of 2025, a decline of EUR 1.40 billion that matters as the company integrates a larger telecom holding.

Market value and analyst yardstick

During September 22 trading, Poste Italiane was quoted at EUR 26.27, down 1.50 percent, while its market capitalization was shown at EUR 39.56 billion. The same MarketScreener snapshot listed an average analyst target of EUR 29.49 against the previous close of EUR 26.67, implying a 10.58 percent difference.

Evaluation.it assigned a fair value of EUR 26.10 and a hold recommendation in the September 22, 2026 analysis published by MarketScreener. That valuation is EUR 0.57 below the September 21 close, while the broader average target is EUR 2.82 higher, leaving the market's assessment divided around the financial and execution demands of the TIM transaction.

Stock closes at EUR 26.67

Poste Italiane stock closed at EUR 26.67 on Euronext Milan on September 21, 2026, after losing EUR 0.22, or 0.82 percent, against the previous close. The price and the 67 percent TIM stake now frame the next trading sessions as the reopened offer period runs through September 25, 2026.