Saipem stock was last at EUR 4.57, volume 10.6 percent above average

Published on 10/09/2026 at 18:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Saipem stock was last at EUR 4.57 on October 9, 2026, versus EUR 4.41. Market value reached EUR 8.9 billion, below its EUR 4.85 high.

Key points in brief

Saipem was last at EUR 4.57 on October 9, 2026, up 3.72 percent versus EUR 4.41.
Trading volume reached 19,600,135 shares, 10.55 percent above the 17,728,970-share average.
The stock was 5.77 percent below its EUR 4.85 52-week high, with market value at EUR 8.9 billion.
Bank of America kept a Buy rating and a EUR 5.50 target on October 7, 2026.

Saipem, IT0000068525, Illustration mit AI erstellt.

Saipem (IT0000068525) was last at EUR 4.57 on the Milan Stock Exchange on October 9, 2026 at 5:36 p.m. CEST, up 3.72 percent versus the prior close of EUR 4.41. The session ended with the stock 5.77 percent below its EUR 4.85 52-week high.

Volume exceeds the average

Trading volume reached 19,600,135 shares on October 9, 2026, compared with an average of 17,728,970 shares. That is a 10.55 percent premium to the average, making turnover the clearest measure of participation in the session.

The Milan-listed stock remained inside its EUR 2.17 to EUR 4.85 52-week range. The current level was EUR 2.40 above the low and EUR 0.28 below the high, leaving the price closer to the upper boundary than the lower one.

Valuation and analyst target

Saipem's market capitalization stood at EUR 8.9 billion on October 9, 2026, while the price-to-earnings ratio was 33.43. These figures place the stock's valuation alongside the still-wide distance between its EUR 2.17 low and EUR 4.85 high.

According to Repubblica on October 7, 2026, Bank of America kept a Buy rating on Saipem and a EUR 5.50 price target. The target lies 20.35 percent above the October 9 price.

Comparison with peers

Saipem (Milan, EUR): plus 3.72 percent, P/E 33.43, market capitalization EUR 8.9 billion.

Eni (Milan, EUR): plus 1.33 percent, P/E 14.83, market capitalization EUR 73.0 billion.

Tenaris (Milan, EUR): plus 1.82 percent, P/E 15.41, market capitalization EUR 26.0 billion.

Next results date

According to Saipem in its September 23, 2026 calendar update, the company will approve results for the third quarter of 2026 on November 18, 2026. The conference call on those results and 2027 guidance is scheduled for November 19, 2026.

Price and market snapshot

Saipem was last at EUR 4.57 on the Milan Stock Exchange on October 9, 2026 at 5:36 p.m. CEST, after a session change of plus 3.72 percent versus EUR 4.41. The stock traded 5.77 percent below its EUR 4.85 52-week high, while its market capitalization stood at EUR 8.9 billion.

Saipem is listed on the Borsa Italiana under ticker SPM and operates in energy and infrastructure services, including offshore engineering, drilling and construction.