Goldman Sachs keeps Terna at Sell: Terna stock sits 6.92 percent above low

Published on 10/20/2026 at 09:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Goldman Sachs maintained Sell at EUR 8.90 on October 13, 2026. Terna stock costs EUR 9.30, 0.02 percent above its Xetra close on October 20, 2026.

Analyst view and operating scale

Goldman Sachs maintained a Sell rating and an EUR 8.90 target on October 13, 2026.
Terna reported first-half 2026 revenue of EUR 2.1 billion, up 12.00 percent year over year.
Terna stock trades at EUR 9.30 at 9:20 a.m. CEST at Lang & Schwarz on October 20, 2026, 0.02 percent above the Xetra close of October 19, 2026.

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Terna stock (ISIN IT0003242622) was trading at EUR 9.30 at Lang & Schwarz on October 20, 2026 at 9:20 a.m. CEST, 0.02 percent above the Xetra close of October 19, 2026 at EUR 9.30. Investing.com listed Goldman Sachs at Sell with an EUR 8.90 target on October 13, 2026.

Goldman Sachs holds at EUR 8.90

The analyst view keeps Terna below the average 12-month target of EUR 9.85. Investing.com listed 20 analysts in its survey, including 5 Buy, 12 Hold and 3 Sell ratings on October 19, 2026.

At EUR 9.30, the Lang & Schwarz price is 4.49 percent above the Goldman Sachs target. That gap is modest enough to keep the rating mix relevant, especially because the average target implies a different valuation from the individual Sell view.

Three dated signals for Terna

Terna's recent sequence began with first-half results on July 29, 2026, when revenue rose 12.00 percent to EUR 2.1 billion, according to FinanzNachrichten. The same company timeline included an August 13, 2026 report that Italian electricity demand reached a July record, followed by the October 13, 2026 Goldman Sachs rating.

What does the target imply?

The first-half revenue figure gives the stock a concrete operating counterweight to the cautious analyst stance. Terna also carried a EUR 18.7 billion market capitalization on October 20, 2026, while its 52-week range stood at EUR 8.70 to EUR 10.41.

Stock stays above the yearly low

Terna stock was trading at EUR 9.30 at Lang & Schwarz on October 20, 2026 at 9:20 a.m. CEST, 0.02 percent above the Xetra close of October 19, 2026 at EUR 9.30. The price remained 6.92 percent above the 52-week low of EUR 8.70 and 10.66 percent below the 52-week high of EUR 10.41.

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