Equita keeps EUR 40.50 target for Azimut stock after inflows

Published on 10/12/2026 at 09:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Azimut stock costs EUR 36.65 on October 12, 2026 versus EUR 36.76. September inflows reached EUR 683.00 million, including EUR 459.00 million from private markets.

Key points in brief

Equita Sim maintained a Hold recommendation and a EUR 40.50 price target for Azimut after September inflows.
Azimut reported EUR 683.00 million of net inflows in September, including EUR 459.00 million from private markets.
Azimut stock was trading at EUR 36.65 at Lang & Schwarz on October 12, 2026 at 9:31 a.m. CEST.
Azimut's third-quarter 2026 results are scheduled for November 5, 2026.

Aquarellbild der Mailänder Finanzdistrikt-Skyline im warmen Abendlicht — Aquarellmalerei der Mailänder Skyline symbolisiert den Firmensitz von Azimut Holding S.p.A., ISIN IT0001050910, im Finanzviertel, Illustration mit AI erstellt.

Equita Sim kept a EUR 40.50 price target and a Hold recommendation for Azimut stock on October 8, 2026, after Azimut reported EUR 683.00 million of September net inflows on October 7. Milano Finanza said the inflow figure was positive despite EUR 695.00 million of outflows in Turkey.

September inflows reached EUR 683.00 million

According to ANSA, private markets contributed EUR 459.00 million to the September result. Year-to-date net inflows reached EUR 10.90 billion, while assets under management stood at EUR 158.90 billion at the end of September, up 13.00 percent from the end of 2025.

The global business generated EUR 5.90 billion of net inflows in the first nine months of 2026. That figure already sits within Azimut's Elevate 2030 annual target range of EUR 5.00 billion to EUR 8.00 billion, giving the asset manager a measurable execution benchmark for the final quarter.

What does the results calendar show?

MarketScreener lists Azimut's second-quarter 2026 results on July 30, 2026, with revenue of EUR 781.00 million for the first half of 2026. The same calendar lists the third-quarter 2026 results for November 5, 2026.

The first-half revenue figure was 21.00 percent higher than the comparable prior-year period, according to the company coverage carried in the results calendar. For investors, the key tension is visible in the data: asset gathering is expanding, while the EUR 40.50 target from Equita sits above the current euro quote.

Azimut stock remains below its yearly high

Azimut stock was trading at EUR 36.65 at Lang & Schwarz on October 12, 2026 at 9:31 a.m. CEST. The 52-week range was EUR 30.19 to EUR 40.39 on October 9, 2026, putting the live quote below the yearly high while keeping it above the low.

The further course of trading is shown by the continuously updated real-time quote of Azimut stock.