Erste Group Bank Has Positive Outlook of ENI FY2026 Earnings

Eni SpA (NYSE:E) – Equities researchers at Erste Group Bank lifted their FY2026 earnings per share estimates for shares of ENI in a note issued to investors on Wednesday, March 4th. Erste Group Bank analyst H. Engel now expects that the oil and gas exploration company will post earnings per share of $3.61 for the year, up from their previous forecast of $3.59. Erste Group Bank has a “Strong-Buy” rating on the stock. The consensus estimate for ENI’s current full-year earnings is $3.74 per share. Erste Group Bank also issued estimates for ENI’s FY2027 earnings at $4.24 EPS.

A number of other equities research analysts have also commented on the stock. Wall Street Zen upgraded shares of ENI from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Jefferies Financial Group reissued a “buy” rating on shares of ENI in a report on Thursday, January 8th. Barclays reaffirmed an “overweight” rating on shares of ENI in a research note on Friday, December 12th. UBS Group upgraded shares of ENI from a “neutral” rating to a “buy” rating in a report on Tuesday, November 25th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of ENI in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $34.60.

ENI Stock Up 2.4%

Shares of ENI stock opened at $47.78 on Monday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.02 and a current ratio of 1.17. ENI has a 52-week low of $24.65 and a 52-week high of $47.93. The company’s 50 day moving average price is $41.44 and its 200-day moving average price is $38.07. The stock has a market capitalization of $80.65 billion, a price-to-earnings ratio of 28.11 and a beta of 0.57.

ENI (NYSE:E) last announced its quarterly earnings data on Thursday, February 26th. The oil and gas exploration company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.09. The firm had revenue of $24.33 billion during the quarter, compared to the consensus estimate of $19.45 billion. ENI had a return on equity of 9.27% and a net margin of 3.07%.

Hedge Funds Weigh In On ENI

Several hedge funds and other institutional investors have recently modified their holdings of the stock. DV Equities LLC purchased a new stake in ENI in the fourth quarter worth about $35,000. MAI Capital Management grew its holdings in shares of ENI by 2,488.4% during the 2nd quarter. MAI Capital Management now owns 1,113 shares of the oil and gas exploration company’s stock worth $36,000 after acquiring an additional 1,070 shares during the period. Manchester Capital Management LLC raised its position in shares of ENI by 56.8% in the 4th quarter. Manchester Capital Management LLC now owns 1,206 shares of the oil and gas exploration company’s stock worth $46,000 after acquiring an additional 437 shares in the last quarter. Advisory Services Network LLC bought a new position in shares of ENI in the 3rd quarter worth approximately $47,000. Finally, Larson Financial Group LLC lifted its stake in shares of ENI by 37.5% in the 3rd quarter. Larson Financial Group LLC now owns 1,387 shares of the oil and gas exploration company’s stock valued at $48,000 after purchasing an additional 378 shares during the period. Hedge funds and other institutional investors own 1.18% of the company’s stock.

ENI Company Profile

ENI S.p.A. is an integrated energy company headquartered in Rome, Italy, founded in 1953 as a state-established hydrocarbon entity and later transformed into a publicly traded multinational. The firm’s activities span the full hydrocarbon value chain and extend into power generation and low‑carbon energy solutions. ENI maintains a long history in exploration and production, engineering and project development, and downstream operations that include refining, petrochemicals and retail fuel distribution.

Core businesses include upstream exploration and production of oil and natural gas, midstream and liquefied natural gas (LNG) handling, and downstream refining and marketing of petroleum products and lubricants.