Bernstein raises Saipem stock target to EUR 5.44

Published on 10/19/2026 at 10:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bernstein lifted Saipem stock target to EUR 5.44 from EUR 4.96 on October 9, 2026. Results follow November 18, 2026, with the call on November 19.

Saipem milestones through November

Bernstein lifted its Saipem target to EUR 5.44 from EUR 4.96 on October 9, 2026.
Saipem received an Angola offshore contract worth USD 350.00 million on September 14, 2026.
Saipem will publish third-quarter 2026 results on November 18, 2026, followed by a conference call on November 19.

Saipem, IT0000068525, Illustration mit AI erstellt.

Saipem stock (ISIN IT0000068525) became the subject of a Bernstein target increase to EUR 5.44 from EUR 4.96 on October 9, 2026, according to Teleborsa. The brokerage kept its Outperform recommendation, making the target change the latest dated analyst event in the available coverage.

Three milestones shape the story

The chronology starts on September 14, 2026, when Saipem announced an offshore contract in Angola worth USD 350.00 million, as listed in the company's Saipem investor materials. On October 7, 2026, Teleborsa reported that Bank of America retained a Buy rating and a EUR 5.50 target. Bernstein's EUR 5.44 target followed on October 9, 2026, with the old EUR 4.96 level stated explicitly by Teleborsa.

What does the target change mean?

The Bernstein target rose 9.68 percent from EUR 4.96 to EUR 5.44. That revision gives the analyst view a measurable change rather than merely repeating the unchanged Outperform label, while Bank of America's separate EUR 5.50 target provides a nearby comparison from October 7, 2026.

Results dates are set

Saipem's investor calendar schedules the board meeting and third-quarter 2026 results for November 18, 2026, followed by the conference call on November 19, 2026, according to Saipem. The company also identifies 2027 guidance as part of the November results agenda.

Valuation before the next report

Saipem's market capitalization stood at EUR 8.9 billion as of October 19, 2026, and its 52-week range was EUR 2.17 to EUR 4.85. Those market figures frame the analyst targets ahead of the November reporting date.