Terna reports August power demand record as Terna stock trades below EUR 9.20
Published on 10/05/2026 at 14:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Terna (ISIN IT0003242622) was trading at EUR 9.15 at Lang & Schwarz on October 5, 2026 at 2:32 p.m. CEST, below the EUR 9.20 prior close. On September 21, 2026, Investing.com reported that Terna's August electricity demand reached a monthly record of 28.90 TWh, up 16.50 percent from August 2025.
Power demand reaches a record
The August figure gives Terna a concrete operating signal as Italy's transmission network handled higher cooling demand during unusually hot weather. The temperature and calendar-adjusted increase was 5.90 percent year over year, while demand in the first eight months of 2026 rose 5.00 percent from the same period of 2025, according to Borsa Italiana.
Revenue growth supports the picture
Terna's first-half 2026 revenue increased 12.00 percent to EUR 2.10 billion, while earnings before interest, taxes, depreciation and amortization rose 8.00 percent to EUR 1.50 billion. Net income reached EUR 591.00 million, up 1.00 percent year over year, figures reported on Investing.com's Terna page. The mix matters: revenue growth was stronger than net-income growth, pointing to the effect of financial and tax costs on the bottom line.
At EUR 9.15, the stock stood 12.10 percent below the EUR 10.41 52-week high. The same market page listed a EUR 8.53 52-week low and a market capitalization of EUR 18.4 billion as of October 5, 2026, keeping the current price inside a defined annual range rather than at an extreme.
JPMorgan raises its target
Markets Insider reported on September 16, 2026 that JPMorgan raised its Terna price target from EUR 9.25 to EUR 9.55 while keeping a Neutral rating. The new target lies 4.37 percent above the Lang & Schwarz price, making the analyst revision a measured valuation signal rather than a sharp change in stance.
Next results date is November 12
Investing.com lists November 12, 2026 as Terna's next earnings date. That report will give investors a fresh test of whether the stronger electricity demand backdrop is translating into revenue and profit growth.
Terna stock stays below its high
Terna stock was trading at EUR 9.15 at Lang & Schwarz on October 5, 2026 at 2:32 p.m. CEST, down 0.54 percent versus the EUR 9.20 prior close of October 2, 2026. The further course of trading is shown by the continuously updated real-time quote of Terna stock.
Terna stock at a glance
- Company: Terna Rete Elettrica Nazionale SpA
- ISIN: IT0003242622
- WKN: A0B5N8
- Ticker: TRN
- Primary exchange: Milan Stock Exchange
- Price Lang & Schwarz (as of October 5, 2026, 2:32 p.m. CEST): EUR 9.15
- Change versus prior close: minus 0.54 percent
- Prior close Lang & Schwarz (October 2, 2026): EUR 9.20
- Market capitalization: EUR 18.4 billion (as of October 5, 2026)
- 52-week range: EUR 8.53-EUR 10.41 (as of October 5, 2026)
- Sector / Industry: Utilities / Electrical Utilities and Independent Power Producers
- Next earnings date: November 12, 2026
