Terna stock: Goldman Sachs keeps EUR 8.90 target for Terna stock

Published on 10/19/2026 at 17:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Terna's next earnings date is November 12, 2026. Terna stock costs EUR 9.28 on October 19, 2026 at 7:06 p.m. CEST, below EUR 9.44.

Analyst target and reporting date

Goldman Sachs maintained its EUR 8.90 target for Terna on October 13, 2026.
Terna's next earnings date is November 12, 2026.
Terna stock costs EUR 9.28 at Lang & Schwarz on October 19, 2026 at 7:06 p.m. CEST, below the EUR 9.44 day high.
Terna's price-to-earnings ratio was 16.87 as of October 19, 2026.

Flatlay Isolator Mastmodell Aktienzertifikat Terna - Rete Elettrica Nazionale IT0003242622 — Terna - Rete Elettrica Nazionale IT0003242622 Flatlay zeigt Isolator Mastmodell Kupferdraht und Aktienzertifikat mit ISIN-Karte, Illustration mit AI erstellt.

Terna (ISIN IT0003242622) has an EUR 8.90 price target from Goldman Sachs, leaving the stock price 4.27 percent above that target. Investing.com reported on October 13, 2026 that Goldman Sachs maintained its Sell rating and EUR 8.90 target. Terna was trading at EUR 9.28 at Lang & Schwarz on October 19, 2026 at 7:06 p.m. CEST.

Terna earnings date is set

The next scheduled earnings date is November 12, 2026. Simply Wall St listed that date as Terna's next earnings report after the period ended June 30, 2026.

Stock position within the range

Terna's same-day quote ranged from EUR 9.27 to EUR 9.44, with the bid and ask both at EUR 9.28. The 52-week range was EUR 8.70 to EUR 10.41 as of October 19, 2026, placing the price 10.86 percent below the high and 6.67 percent above the low. Trading volume was 1,071,308 shares against an average volume of 3,712,447 shares.

Valuation and recent results

Terna had a market capitalization of EUR 18.6 billion, a price-to-earnings ratio of 16.87 and a dividend yield of 0.04 percent as of October 19, 2026. In the second quarter of 2026, revenue reached EUR 1.12 billion, up 13.00 percent from the second quarter of 2025, while net income was EUR 314.7 million and unchanged year over year, according to Simply Wall St.

Comparison with peers

Terna (Borsa Italiana, EUR): P/E 16.87, market capitalization EUR 18.6 billion, as of October 19, 2026.

Enel (Borsa Italiana, EUR): minus 2.06 percent, P/E 22.45, market capitalization EUR 89.4 billion, as of October 19, 2026.

Snam (Borsa Italiana, EUR): minus 0.31 percent, P/E 16.98, market capitalization EUR 19.4 billion, as of October 19, 2026.

Price and investor calendar

The market picture combines a current EUR 9.28 quote with a target below that level and a clearly dated earnings event. The next report will give investors a fresh test of revenue growth and profitability after the second-quarter figures.