Moody's upgrades Nexi stock to investment grade

Published on 10/07/2026 at 13:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nexi stock costs EUR 4.14 on October 7, 2026 after EUR 4.14, plus 0.00 percent. The 52-week range is EUR 2.64 to EUR 5.03.

Schwarzweiß-Reportagefoto einer kontaktlosen Kartenzahlung im kleinen Geschäft — Dokumentarische Schwarzweiß-Aufnahme einer kontaktlosen Kartenzahlung symbolisiert den täglichen Geschäftsalltag von Nexi S.p.A., ISIN IT0005366767, Illustration mit AI erstellt.

Nexi stock (ISIN IT0005366767) was trading at EUR 4.14 at Lang & Schwarz on October 7, 2026 at 1:17 p.m. CEST, unchanged from the prior close of EUR 4.14. On September 29, 2026, Moody's raised Nexi's long-term issuer and senior unsecured ratings from Ba1 to Baa3, moving the Italian payments group into investment grade, according to Websim.

Debt reduction changes the credit profile

Websim reported that Moody's also changed the outlook from positive to stable. The rating action followed first-half 2026 net financial debt to EBITDA of 2.7 times, or 2.4 times excluding dividend payments and the cash outflow for the Banca Popolare di Sondrio transaction.

Nexi reduced gross debt by more than EUR 1 billion, while its first-half 2026 cash position stood at EUR 800 million and an unused revolving credit line totaled EUR 1 billion with a 2030 maturity, according to Boerse Express. The financial improvement supports refinancing flexibility, but the stable outlook leaves execution and leverage as central credit tests.

Cash generation meets cautious growth

In the first half of 2026, revenue grew 1.00 percent year over year and reached slightly more than EUR 1.70 billion, while EBITDA stood at EUR 870 million, according to the Yahoo Finance earnings transcript published July 29, 2026. First-half excess cash reached EUR 400 million against a full-year target of at least EUR 750 million, which management reaffirmed for 2026.

The comparison matters because cash conversion is advancing faster than reported revenue. The same transcript shows that the EBITDA margin was 50.10 percent in the first half of 2026 versus 50.60 percent in 2025, while Germany's softer consumer environment and bank-contract effects continue to weigh on operating momentum.

Stock stays below its yearly high

Finance data put Nexi's 52-week range at EUR 2.64 to EUR 5.03 as of October 7, 2026, with market capitalization of EUR 4.9 billion. The share therefore remains EUR 0.89 below the yearly high, a 17.69 percent gap calculated against EUR 5.03.

Nexi's investor-relations page lists the next 9M26 results presentation and conference call for November 5, 2026, according to Nexi. The further course of trading is shown by the continuously updated real-time quote of Nexi stock.