Mediolanum stock: Equita lifts target for Mediolanum stock to EUR 25.50

Published on 10/21/2026 at 16:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Equita expects EUR 887.00 million third-quarter revenue, up 13.00 percent year on year. Mediolanum stock costs EUR 23.03 on October 21, 2026.

Analyst target and reporting date

Equita lifted its target for Banca Mediolanum to EUR 25.50 on October 12, 2026.
Equita expects third-quarter 2026 revenue of EUR 887.00 million, up 13.00 percent year on year.
Mediolanum stock costs EUR 23.03 at Lang & Schwarz on October 21, 2026 at 4:10 p.m. CEST, 6.15 percent below the 52-week high.
The next interim report and interim dividend decision are scheduled for November 10, 2026.

Isometrische 3D-Grafik zur Wertschöpfungskette von Sparen, Investieren und Beratung — Isometrisches 3D-Prozessdiagramm zeigt die Vermögensverwaltungs-Wertschöpfungskette, passend zu Banca Mediolanum S.p.A., Kennung ISIN IT0001137345, Illustration mit AI erstellt.

Banca Mediolanum (ISIN IT0004776628) is approaching its third-quarter reporting date with Equita raising its price target to EUR 25.50 on October 12, 2026. At Lang & Schwarz, the stock was trading at EUR 23.03 on October 21, 2026 at 4:10 p.m. CEST.

Equita raises estimates for 2026

According to MilanoFinanza on October 12, 2026, Equita expects third-quarter revenue of EUR 887.00 million, an increase of 13.00 percent from the same quarter of 2025. The estimate includes EUR 652.00 million in total fees and EUR 235.00 million in net interest income.

Equita also expects operating income of EUR 597.00 million, up 12.00 percent year on year, and net income of EUR 278.00 million, also 12.00 percent higher. The firm raised its 2026, 2027 and 2028 earnings estimates by 3.00 percent, 3.00 percent and 4.00 percent respectively.

What does the target imply?

At EUR 23.03, the Equita target of EUR 25.50 stands 10.72 percent above the Lang & Schwarz price. Equita places the adjusted 2026 price-to-earnings multiple at 14.30 and the 2027 multiple at 13.90, compared with target multiples of 15.90 and 15.50.

Stock range and reporting date

The stock's 52-week range is EUR 15.99 to EUR 24.54. The current price is 6.15 percent below the upper end of that range, while the market capitalization is EUR 17.1 billion. Banca Mediolanum is listed on the Italian Stock Exchange under ticker BMED:MI.

The investor-relations calendar lists November 10, 2026 for approval of the interim report covering September 30, 2026 and a decision on an interim dividend, according to Banca Mediolanum. The date gives investors the next scheduled operating update.

Commercial flows add operating context

Commercial figures for September 2026 included EUR 1.07 billion in net inflows and EUR 675.00 million in managed savings, while year-to-date net inflows reached EUR 9.52 billion. Il Sole 24 ORE reported these figures on October 7, 2026.

Stock position

The analyst target, expected revenue and scheduled report date put the next valuation check on operating delivery rather than on a new price level. Mediolanum stock was trading at EUR 23.03 at Lang & Schwarz on October 21, 2026 at 4:10 p.m. CEST.

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