Saipem stock sets November 18 results date with 2027 guidance

Saipem stock was trading at EUR 4.41 on Borsa Italiana in Milan on October 7, 2026, up 0.82 percent from the prior close. The company has moved its third-quarter results meeting to November 18, 2026, and plans to present 2027 guidance at the same meeting, according to Saipem.

Results date brings guidance

The board had previously been scheduled to approve the results on October 27, 2026. The revised calendar combines the September 30, 2026 results with discussion of the 2027 budget and market guidance, while the related conference call is set for November 19, 2026, per the company release dated September 23, 2026.

The timing gives the next report greater importance than a standard quarterly update because investors will receive both the third-quarter figures and the first formal 2027 outlook in the same sequence. Saipem operates across offshore and onshore engineering and construction, drilling, energy carriers, offshore wind and sustainable infrastructure.

Revenue rises in Q2

Saipem reported revenue of EUR 3,826 million for Q2 2026, compared with EUR 3,697 million in Q2 2025, according to Investisseurs Heureux. The EUR 129 million increase provides a concrete operating benchmark ahead of the November report.

Cash generation and project execution will therefore shape the market response to the next update. Saipem's order intake, offshore delivery schedule and the quality of its 2027 assumptions matter because the new guidance will extend the market's visibility beyond the current fiscal year.

Consensus target stays higher

The published consensus covers 18 analysts and carries a Buy rating, with 13 Buy ratings, 4 Holds and 1 Sell. The average 12-month target is EUR 4.9367, with a high of EUR 6 and a low of EUR 3.4, according to Investing.com.

At EUR 4.41, the average target lies 11.9 percent above the October 7 trading price. That gap leaves the November figures and the 2027 outlook as the next measurable tests for the current valuation.

Saipem stock holds near yearly high

Saipem stock was last at EUR 4.41 in Milan at 9:39 a.m. CET on October 7, 2026, with a session range of EUR 4.36 to EUR 4.43. The 52-week range is EUR 2.17 to EUR 4.85, and market capitalization is EUR 8.6 billion.

Upcoming dates for Saipem stock

• November 18, 2026: Board approval of third-quarter 2026 results and 2027 guidance
• November 19, 2026: Conference call on third-quarter 2026 results and 2027 guidance

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