Terna stock reports a share buyback as investors assess growth

Published on 10/07/2026 at 14:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Terna stock was trading at EUR 9.05 on October 7, 2026, after the company bought 977,579 treasury shares. H1 revenue rose 12 percent to EUR 2.1 billion.

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Terna stock (ISIN IT0003242622) was trading at EUR 9.05 on Borsa Italiana on October 7, 2026, at 1:58 p.m. CEST, down 0.96 percent from the prior close. The latest company action was a buyback supporting Terna's 2026-2030 Performance Share Plan.

Buyback adds a capital signal

According to MarketScreener on October 5, 2026, Terna completed the program launched on September 14 and purchased 977,579 treasury shares. Between September 28 and October 1, the company bought 370,879 shares at a weighted average price of EUR 9.2018.

The buyback leaves Terna with 4.4 million treasury shares, equal to 0.2 percent of share capital, according to MarketScreener. The immediate investor takeaway is limited: the transaction supports an employee incentive plan rather than changing Terna's operating forecast.

Revenue growth meets heavy investment

Terna's first-half 2026 revenue reached EUR 2.1 billion, up 12 percent year over year, while EBITDA increased 8 percent to EUR 1.5 billion. Net income rose 1 percent to EUR 591 million, showing that financing and tax costs absorbed part of the operating improvement, as reported by Investing.com.

The same results summary puts non-regulated revenue at EUR 451 million, up 50 percent, and non-regulated EBITDA at EUR 106 million, up 81 percent. Capital expenditure reached EUR 1.6 billion in the first half, up 20 percent, making execution and financing central to the investment case.

Consensus stays close to the share price

The analyst consensus on Investing.com is Neutral from 20 analysts. The average 12-month price target is EUR 9.868, with a high of EUR 11.20 and a low of EUR 8.65; the average target lies 9.0 percent above EUR 9.05.

Terna also completed the sale of its Peruvian transmission asset for USD 15 million, according to Teleborsa on September 29, 2026. The disposal simplifies the international portfolio while leaving regulated Italian grid investment as the principal growth engine.

Terna stock trades below its yearly high

At EUR 9.05 on October 7, 2026, Terna stock stood EUR 1.36 below its 52-week high of EUR 10.41 and EUR 0.43 above its 52-week low of EUR 8.62. Its market capitalization was EUR 18.2 billion and volume was 777,700 shares at the same time.