Eni stock gains support as Goldman Sachs raises target price

Published on 09/11/2026 at 15:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Eni stock is underpinned by fresh analyst support after Goldman Sachs lifted its target price to 26 euros on September 11, 2026 while keeping a Buy rating. The shares trade below that level on Borsa Italiana, leaving a mid-single-digit upside versus the new target.

Fotorealistische Offshore-Ölplattform im Mittelmeer bei Sonnenuntergang — Eni IT0003128367 zeigt eine offshore Ölplattform im Mittelmeer bei goldenem Sonnenuntergang mit Bohrturm, Illustration mit AI erstellt.

Eni stock (ISIN IT0003128367) is trading below a fresh analyst target on Borsa Italiana as of September 11, 2026, after Goldman Sachs raised its price objective for the Italian energy group to 26.00 euros per share from 25.00 euros while reiterating a Buy recommendation.

Goldman Sachs lifts target to 26 euros

According to Teleborsa on September 11, 2026, Goldman Sachs increased its target price for Eni shares to 26.00 euros from 25.00 euros and confirmed its Buy rating, signaling continued confidence in the companys earnings and cash flow outlook.

MarketScreener reported on September 11, 2026 that Eni shares were quoted at 23.78 euros in real-time on Borsa Italiana, down 1.12% on the day, while the last closing price stood at 24.06 euros, implying that Goldmans new 26.00 euro target is about 8.1% above the last close.

Analyst consensus and upside potential

As MarketBeat noted on September 11, 2026, Eni SpA, whose shares also trade on the New York Stock Exchange under the ticker E, carries an average 12 month analyst price target of 46.15 US dollars and an overall Moderate Buy recommendation from 13 rating firms.

The same MarketBeat coverage on September 11, 2026 highlighted that consensus forecasts point to earnings of 6.03 US dollars per share for Eni in the current full fiscal year 2026, underlining expectations for robust profitability at prevailing oil and gas price levels.

Stock trades below recent targets

Per Goldesel on September 11, 2026, Eni shares were trading around 24.20 euros in early trading, with a day performance of 0% at that moment and a year-to-date gain of 50.52%, illustrating a strong rally that nonetheless still leaves room before reaching Goldmans 26.00 euro target.

The same Goldesel article pointed out that Bank of America had earlier raised its price target for Eni on September 9, 2026 from 23.00 euros to 24.00 euros while maintaining a Neutral rating, compared with Goldmans more optimistic 26.00 euro target and Buy stance.

Closing price and market data

On Borsa Italiana, Eni stock most recently closed at 24.06 euros per share, with intraday trading on September 11, 2026 showing a quote of 23.78 euros at 12:54 p.m. CET, implying a decline of 1.12% compared with the prior close and situating the shares modestly below both the average analyst target of 25.54 euros cited by MarketScreener and the 26.00 euro target from Goldman Sachs.