Fincantieri stock reports record first-half profit

Published on 10/07/2026 at 13:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fincantieri stock posted EUR 102 million in first-half net profit on July 29, 2026. Revenue reached EUR 4.58 billion and 2026 guidance stayed intact.

Fincantieri, IT0005599938, Illustration mit AI erstellt.

Fincantieri stock closed at EUR 12.69 on Borsa Italiana on October 5, 2026, while the shipbuilder's first-half net profit reached a record EUR 102 million. The results sharpen the contrast between improving profitability and a share price still well below the analyst consensus target.

Profitability improves in H1

According to Yahoo Finance in its coverage of the first-half 2026 earnings call, net profit rose to EUR 102 million from EUR 35 million in the first half of 2025. EBITDA increased 12.5 percent, and the EBITDA margin reached 7.6 percent.

Revenue stood at EUR 4.58 billion in the first half of 2026, broadly flat from the prior-year period. The mix matters: higher profitability, rather than top-line expansion, supplied the main improvement in the interim figures.

Guidance stays on track

Fincantieri confirmed 2026 revenue guidance of EUR 9.3 billion to EUR 9.4 billion, EBITDA guidance of EUR 700 million to EUR 710 million, and net profit guidance of EUR 140 million to EUR 180 million. The company also lists November 12, 2026, for board approval of interim financial information at September 30.

Order intake reached EUR 6.1 billion in the first half, with a book-to-bill ratio of 1.3 times, according to Yahoo Finance. That combination gives investors a clearer operating checkpoint than revenue alone, because orders indicate the pace at which future production can be filled.

Analysts see further upside

On October 1, 2026, BofA Securities began coverage with a Buy rating and a EUR 17 price target, as Yahoo Finance reported. BofA expects earnings per share to compound at 34 percent annually from 2026 to 2030, compared with 23 percent for its defense coverage.

The consensus published by MarketScreener is Buy from nine analysts. Its average target is EUR 17.78, with a low of EUR 15.00 and a high of EUR 20.50. Against the EUR 12.69 close on October 5, the average target is 40.1 percent above the share price.

Fincantieri stock closes at EUR 12.69

Fincantieri stock closed at EUR 12.69 on Borsa Italiana on October 5, 2026. The central investor question is whether higher margins and underwater growth can convert the order pipeline into earnings within the confirmed 2026 guidance.