Bernstein raises target for Saipem stock to EUR 5.44

Published on 10/14/2026 at 09:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Saipem reports third-quarter results on November 18, 2026. Saipem stock costs EUR 4.69 on October 14, 2026, up 0.71 percent on Borsa Italiana.

Analyst target and reporting date

Bernstein lifted its Saipem target to EUR 5.44 on October 9, 2026.
Saipem is scheduled to publish third-quarter results on November 18, 2026.
Saipem stock costs EUR 4.69 at 9:39 a.m. CEST on October 14, 2026, up 0.71 percent on Borsa Italiana.
Saipem trades at a price-to-earnings ratio of 34.35 and has a market capitalization of EUR 9.1 billion.

Saipem, IT0000068525, Illustration mit AI erstellt.

Bernstein raised its Saipem target from EUR 4.96 to EUR 5.44 and kept its Outperform rating on October 9, 2026, according to Corriere. The target lies 15.99 percent above the Borsa Italiana price of EUR 4.69. Saipem stock was trading at EUR 4.69 on Borsa Italiana on October 14, 2026 at 9:39 a.m. CEST, up 0.71 percent on the day.

Results arrive November 18

Saipem is scheduled to publish its third-quarter 2026 results on November 18, 2026. The date appears in Saipem's investor calendar, which also lists a conference call for November 19, 2026, according to Saipem.

The calendar gives the stock a defined near-term event, while Bernstein's EUR 5.44 target supplies the stronger valuation signal. The gap is measured against the live Borsa Italiana price and uses the same euro currency, rather than a foreign-exchange conversion.

Stock remains below its yearly high

Saipem's 52-week range was EUR 2.17 to EUR 4.85 as of October 14, 2026. At EUR 4.69, the stock stood 3.30 percent below the upper end of that range, leaving the current price close to the annual peak without setting a new high.

Trading volume was 934,050 shares at 9:39 a.m. CEST, compared with an average volume of 17,666,173 shares. The lower intraday volume makes the analyst target and the November reporting date more useful reference points than a volume-led price signal.

Valuation and peer comparison

Saipem had a market capitalization of EUR 9.1 billion and a price-to-earnings ratio of 34.35 as of October 14, 2026. The dividend yield was 0.04 percent, below the 0.10 percent threshold used for this report's valuation comparison.

Comparison with peers

Saipem: plus 0.71 percent, P/E 34.35, market capitalization EUR 9.1 billion

Subsea 7 (Oslo, NOK): minus 0.12 percent, P/E 17.59, market capitalization NOK 101.9 billion

Eni (Milan, EUR): plus 0.70 percent, P/E 15.20, market capitalization EUR 74.9 billion

Price and reporting date

Saipem's current price of EUR 4.69 on Borsa Italiana remains 3.30 percent below its 52-week high of EUR 4.85. The November 18 results date and the EUR 5.44 Bernstein target are the two quantified reference points for the next trading decisions.

Market context: Market report FTSE MIB.