Buzzi stock: Equita keeps a EUR 54 target for Buzzi stock

Published on 10/21/2026 at 15:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half sales reached EUR 2.19 billion, flat year on year. Buzzi stock costs EUR 39.32 on October 21, 2026, 28.18 percent below EUR 54.75.

Analyst view and earnings date

Equita kept its EUR 54 target and Buy rating for Buzzi on October 16, 2026.
First-half consolidated EBITDA fell 8.20 percent to EUR 482.70 million.
Buzzi stock costs EUR 39.32 at Lang & Schwarz on October 21, 2026 at 3:35 p.m. CEST, 28.18 percent below the EUR 54.75 52-week high.

Zementwerk mit Drehrohrofen und Kalksteinbruch, Buzzi S.p.A., ISIN IT0001347308 — Fotorealistische Aufnahme eines Zementwerks zeigt Buzzi S.p.A., ISIN IT0001347308, mit Drehrohrofen und Kalksteinbruch, Illustration mit AI erstellt.

Buzzi (IT0001347308) has a EUR 54 price target retained by Equita, which also reaffirmed its Buy rating on October 16, 2026, according to Borse Express. The stock was trading at EUR 39.32 at Lang & Schwarz on October 21, 2026 at 3:35 p.m. CEST.

First-half earnings set the benchmark

Buzzi's latest reported period was the first half of 2026. Net sales reached EUR 2,188.50 million, compared with EUR 2,187.40 million a year earlier, while consolidated EBITDA fell 8.20 percent to EUR 482.70 million, according to Capital.com. Recurring EBITDA declined 9.70 percent to EUR 475.20 million, and net profit fell 16.80 percent to EUR 324.50 million.

Stock stays below its yearly high

As of October 21, 2026, Buzzi's EUR 35.53 to EUR 54.75 52-week range puts the Lang & Schwarz price 28.18 percent below the high and 10.66 percent above the low. The market capitalization was EUR 6.9 billion, and the P/E ratio was 8.27 on the same date.

What comes with the EUR 54 target?

Equita expects third-quarter 2026 revenue of EUR 1.25 billion, up 2.50 percent from the prior-year period, and sees full-year 2026 EBITDA guidance staying between EUR 1.10 billion and EUR 1.20 billion. The company started a EUR 100 million share buyback on October 1, 2026, running through January 15, 2027, according to Milano Finanza. The next reported date is November 5, 2026, when Buzzi is scheduled to publish its third-quarter figures, according to Borse Express.

Valuation leaves a wide target gap

Equita's EUR 54 target lies 37.33 percent above the Lang & Schwarz price. That spread contrasts with the weaker first-half profitability, making the November report the next numerical test for revenue recovery and EBITDA delivery.

Price and target context

Buzzi's current market value and P/E provide a compact valuation frame, while the target depends on the expected revenue improvement and the retained 2026 EBITDA range. The buyback adds a dated capital-allocation fact without changing the reported earnings comparison.