Saipem stock: Bernstein raises target for Saipem stock from EUR 4.96 to EUR 5.44
Published on 10/19/2026 at 16:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and trading date
- On October 9, 2026, Bernstein lifted its Saipem target to EUR 5.44.
- The next third-quarter results are scheduled for November 18, 2026.
- Saipem stock costs EUR 4.60 at Lang & Schwarz on October 19, 2026 at 3:43 p.m. CEST, 0.22 percent above the prior close of October 16, 2026.
- Saipem has a P/E ratio of 33.60.
Bernstein raised its Saipem target from EUR 4.96 to EUR 5.44 on October 9, 2026, while maintaining an Outperform rating, according to Teleborsa. The target stands 18.26 percent above Saipem's EUR 4.60 price on Borsa Italiana. Saipem stock was up 0.22 percent versus the prior close of October 16, 2026.
Results date sets the next marker
Saipem's investor calendar lists the third-quarter 2026 results for November 18, 2026, with a conference call scheduled for November 19, according to the company's Saipem investor page. The dates give the market a defined checkpoint for testing the expectations embedded in recent analyst targets.
Saipem stock stays near its yearly high
The stock traded between EUR 4.55 and EUR 4.63 on October 19, 2026, with 6,140,214 shares changing hands against an average volume of 17,782,484 shares. Its 52-week range was EUR 2.17 to EUR 4.85, leaving the price 5.15 percent below the high. The year-to-date gain was 111.98 percent, calculated from the reported 52-week low as a market frame rather than a forecast.
Valuation and peer figures
Saipem had a market capitalization of EUR 8.9 billion and a P/E ratio of 33.60 on October 19, 2026. The 0.04 percent dividend yield was also listed for the same session. TechnipFMC traded at USD 69.25 with a P/E ratio of 24.05 and a market capitalization of USD 27.2 billion. Subsea 7 traded at NOK 335.20 with a P/E ratio of 17.32 and a market capitalization of NOK 99.3 billion.
Comparison with peers
Saipem (Borsa Italiana, EUR): plus 0.22 percent, P/E 33.60, market capitalization EUR 8.9 billion
TechnipFMC (NYSE, USD): minus 0.60 percent, P/E 24.05, market capitalization USD 27.2 billion
Subsea 7 (Oslo, NOK): minus 0.24 percent, P/E 17.32, market capitalization NOK 99.3 billion
Trading and upcoming dates
Saipem's current market picture combines a small daily gain with a price near its 52-week high and a higher earnings multiple than the two peer figures listed above. The next dated company event is the third-quarter results release on November 18, 2026.
Saipem was trading at EUR 4.60 on October 19, 2026 at 3:43 p.m. CEST on Borsa Italiana, up 0.22 percent versus the prior close of October 16, 2026.
Saipem market data
- Company: Saipem S.p.A.
- ISIN: IT0000068525
- Ticker: SPM.MI
- Primary exchange: Borsa Italiana
- Price Borsa Italiana (as of October 19, 2026, 3:43 p.m. CEST): EUR 4.60
- Change versus prior close: plus 0.22 percent
- Market capitalization: EUR 8.9 billion (as of October 19, 2026)
- 52-week range: EUR 2.17-4.85 (as of October 19, 2026)
- Sector: Energy
Market context: Market report FTSE MIB.
