Intermonte sees 36.91 percent upside for Azimut stock

Published on 10/08/2026 at 12:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Azimut stock costs EUR 36.52 on October 8, 2026 after EUR 36.78, down 0.71 percent. Intermonte targets EUR 50, 36.91 percent above the quote.

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Azimut Holding S.p.A. (ISIN IT0003261697) stock was trading at EUR 36.52 at Lang & Schwarz on October 8, 2026 at 12:30 p.m. CEST. On October 8, 2026, Il Sole 24 Ore reported that Intermonte recommended Outperform and set a EUR 50.00 target, putting the price target 36.91 percent above the price.

September inflows clear EUR 10 billion

Azimut recorded EUR 683.00 million of net inflows in September 2026, including EUR 459.00 million from private markets, according to its October 7, 2026 release. Year-to-date inflows reached EUR 10.9 billion, already above the Elevate 2030 annual target range of EUR 5.0 billion to EUR 8.0 billion.

Total assets stood at EUR 158.9 billion at September 30, 2026, up 13.00 percent from the start of the year. The same release recorded EUR 695.00 million of outflows in Turkey, a concrete counter-factor to the otherwise positive inflow trend.

Half-year revenue rose 21 percent

Azimut's first-half 2026 revenue reached EUR 781.00 million, up 21.00 percent year over year, while recurring net profit rose 6.00 percent to EUR 249.00 million, according to Quartr. The revenue growth gives the September inflow figures an operating backdrop, while the Turkey outflows identify the main geographic drag in the latest update.

Stock remains below its yearly high

At EUR 36.52, Azimut stock was 9.58 percent below the 52-week high of EUR 40.39 and above the 52-week low of EUR 30.19 on October 8, 2026. The market capitalization was EUR 5.2 billion on the same date, and the next reported event is scheduled for November 5, 2026, when Azimut is set to publish third-quarter results, according to MarketScreener.

Lang & Schwarz showed EUR 36.52 at 12:30 p.m. CEST on October 8, 2026, down 0.71 percent versus the prior close of EUR 36.78 on October 7, 2026. The further course of trading is shown by the continuously updated real-time quote of Azimut stock.