Pirelli stock gains as Mediobanca lifts price target after solid summer trading

Published on 09/10/2026 at 14:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Pirelli stock closed higher on Borsa Italiana on September 9, 2026 after Mediobanca Research raised its price target from EUR 4.2 to EUR 4.8 and confirmed an outperform rating. The move comes as the shares trade below the new target despite the recent uptick.

Moderne Reifenfabrik mit Robotern, Arbeitern und Mailand-Skyline im Hintergrund — Fotorealistische Reifenfabrik zeigt Pirelli & C. S.p.A. (IT0004623051) mit Robotern und Mailänder Skyline im Hintergrund, Illustration mit AI erstellt.

Pirelli stock ended the September 9, 2026 session on Borsa Italiana with a gain of 1.37 percent, closing below its intraday highs but above the previous day’s level as Mediobanca Research raised its price target and reiterated a positive view on the tire maker (ISIN IT0004623051).

Mediobanca raises target on Pirelli

According to Milano Finanza on September 9, 2026, Mediobanca Research increased its price objective for Pirelli stock from EUR 4.20 to EUR 4.80 per share, while confirming its outperform recommendation.

The same report notes that Pirelli shares closed the September 9, 2026 session with a daily advance of 1.37 percent, finishing the day below the intraday peak but clearly above the prior close, reflecting investors’ constructive reaction to the higher target from Mediobanca Research.

Valuation gap versus new target

With the stock closing at a level that remains below the new EUR 4.80 price objective outlined by Mediobanca Research on September 9, 2026, the implied upside between the market price and the analyst target underscores that the shares are still trading at a discount to that valuation benchmark.

For investors, the key takeaway from the Mediobanca adjustment is that the upward revision of the price target by EUR 0.60 per share represents a concrete 14.3 percent increase from the previous EUR 4.20 level, signaling improved confidence in Pirelli’s earnings and cash flow trajectory as reflected in the research house’s models.

Pirelli stock level on Borsa Italiana

Pirelli stock is primarily listed on Borsa Italiana in Milan, where the shares trade in euros and form part of the Italian equity market’s automobiles and parts segment, giving the stock direct exposure to sector moves in the domestic index environment.