ERG stock gained 1.43 percent on October 2 as results near

Published on 10/04/2026 at 19:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ERG stock traded at EUR 22.64 on October 2, 2026, while its 52-week high stood at EUR 26.18. H1 EBITDA rose 9 percent to EUR 295 million.

Modernes Umspannwerk mit Solarpanelen im Render-Stil, ERG S.p.A. Energieinfrastruktur — Architektur-Render eines Umspannwerks mit Solarpanelen zeigt Energieinfrastruktur von ERG S.p.A. IT0001157020 in Italien, Illustration mit AI erstellt.

ERG stock (ISIN IT0001157020) was last at EUR 22.64 on Borsa Italiana on October 2, 2026 at 5:35 p.m. CEST, up 1.43 percent from EUR 22.32. The next results date is November 13, 2026, giving the market a defined checkpoint after ERG reported higher first-half EBITDA.

Price remains below yearly high

The October 2 advance left the renewable utility 13.52 percent below its 52-week high of EUR 26.18. The same trading session ranged from EUR 22.20 to EUR 22.80, while ERG's market capitalization stood at EUR 3.3 billion.

Volume reached 138,331 shares on October 2. The stock's 52-week low was EUR 20.40, placing the latest price EUR 2.24 above that lower boundary and EUR 3.54 below the yearly high.

EBITDA growth meets contracted power

According to Quartr in its September 15, 2026 summary, ERG's H1 2026 EBITDA rose 9 percent to EUR 295 million, while management confirmed 2026 EBITDA guidance of EUR 520 million to EUR 590 million.

The operating backdrop also includes a five-year power purchase agreement with Glencore. Energy Global reported on September 28, 2026 that the contract covers 164 GWh of Polish wind power per year from January 1, 2027, equal to 70 percent of the expected output of three wind farms.

The contract is important because it shifts part of production toward a five-year baseload arrangement rather than short-term power-price exposure. ERG's renewable portfolio includes wind, solar, hydroelectric generation and battery storage across Europe and the United States.

Consensus leaves measured upside

According to Investing.com as of October 4, 2026, six analysts carry an overall Buy consensus. The average 12-month price target is EUR 24.967, with a high of EUR 27.80 and a low of EUR 21.50.

The average target lies 10.28 percent above the EUR 22.64 reference price. That spread is narrower than the distance to the 52-week high, so the November reporting date and the delivery of the contracted Polish output are the next concrete tests for the valuation.

ERG stock awaits the next results

ERG stock was last at EUR 22.64 on Borsa Italiana on October 2, 2026. The combination of 9 percent first-half EBITDA growth, EUR 520 million to EUR 590 million of 2026 guidance and long-term contracted generation gives the next results release a clear numerical benchmark.