Azimut stock falls as H1 revenue rises 21 percent

Published on 10/07/2026 at 13:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Azimut stock was trading at EUR 37.02 on October 7, 2026, after H1 revenue rose 21 percent to EUR 781 million. Analysts set a EUR 42.043 average target.

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Azimut stock (ISIN IT0003261697) was trading at EUR 37.02 on Euronext Milan on October 7, 2026, down 1.99 percent from the previous close. The latest reported figures show H1 2026 revenue of EUR 781 million, up 21 percent year over year, according to Quartr on September 10, 2026.

Revenue growth sets the tone

Quartr reported recurring revenue growth of 16 percent for H1 2026. EBIT reached EUR 354 million, while recurring EBIT rose 10 percent to EUR 310 million, giving investors two operating measures behind the revenue increase.

Recurring net profit increased 6 percent year over year to EUR 249 million, and reported group net profit reached EUR 242 million in H1 2026. Net inflows totaled EUR 8.1 billion, equivalent to 81 percent of the original full-year target, according to Quartr.

Analysts see further upside

The analyst picture remains constructive but not uniform. According to Investing.com, four analysts recommend Buy, three rate the stock Hold and none recommend Sell, producing an overall Buy consensus among seven analysts.

The average 12-month price target is EUR 42.043, with a high estimate of EUR 50.00 and a low estimate of EUR 35.10, according to Investing.com. Deutsche Bank moved to Buy with a EUR 46.00 target on September 3, 2026, compared with its previous EUR 35.00 target.

Stock stays below yearly high

At EUR 37.02, the share price stood EUR 3.37 below the October 7, 2026 52-week high of EUR 40.39 and EUR 6.83 above the low of EUR 30.19. The same session showed a day range of EUR 37.00 to EUR 37.76 and volume of 285,453 shares.

Market capitalization was EUR 5.3 billion on October 7, 2026. The next scheduled reporting date is November 5, 2026, when Azimut is due to publish its third-quarter results, according to Investing.com.