Erste Group Bank Has Pessimistic View of ENI FY2026 Earnings

Eni SpA (NYSE:E) – Research analysts at Erste Group Bank reduced their FY2026 EPS estimates for shares of ENI in a report issued on Wednesday, July 15th. Erste Group Bank analyst H. Engel now forecasts that the oil and gas exploration company will earn $5.65 per share for the year, down from their prior estimate of $5.78. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for ENI’s current full-year earnings is $5.06 per share. Erste Group Bank also issued estimates for ENI’s FY2027 earnings at $5.38 EPS.

Several other research firms have also weighed in on E. Zacks Research lowered shares of ENI from a “hold” rating to a “strong sell” rating in a report on Friday, July 10th. Dbs Bank upgraded ENI from a “hold” rating to a “moderate buy” rating in a report on Tuesday, April 28th. Rothschild & Co Redburn raised ENI from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 9th. BNP Paribas Exane upgraded ENI from a “neutral” rating to an “outperform” rating and set a $64.30 price objective on the stock in a research note on Friday, April 17th. Finally, Royal Bank Of Canada upped their target price on ENI from $24.00 to $28.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 9th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, ENI currently has an average rating of “Moderate Buy” and an average price target of $42.30.

ENI Price Performance

E opened at $49.72 on Friday. ENI has a 52-week low of $32.85 and a 52-week high of $58.00. The company has a 50 day moving average of $51.24 and a two-hundred day moving average of $48.67. The company has a market cap of $83.92 billion, a P/E ratio of 28.57, a P/E/G ratio of 0.26 and a beta of 0.40. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 0.40.

ENI (NYSE:E) last posted its quarterly earnings results on Tuesday, March 31st. The oil and gas exploration company reported $0.79 EPS for the quarter. The firm had revenue of $23.22 billion for the quarter. ENI had a net margin of 3.37% and a return on equity of 9.21%.

Institutional Trading of ENI

Hedge funds and other institutional investors have recently modified their holdings of the business. Royal Bank of Canada boosted its holdings in ENI by 2.1% in the first quarter. Royal Bank of Canada now owns 69,243 shares of the oil and gas exploration company’s stock valued at $2,141,000 after purchasing an additional 1,420 shares during the last quarter. AQR Capital Management LLC increased its holdings in ENI by 3.4% during the 1st quarter. AQR Capital Management LLC now owns 15,260 shares of the oil and gas exploration company’s stock worth $472,000 after purchasing an additional 495 shares during the last quarter. Cetera Investment Advisers increased its holdings in ENI by 8.4% during the 2nd quarter. Cetera Investment Advisers now owns 11,232 shares of the oil and gas exploration company’s stock worth $364,000 after purchasing an additional 870 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of ENI by 60.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 45,348 shares of the oil and gas exploration company’s stock valued at $1,470,000 after purchasing an additional 17,133 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its position in shares of ENI by 60.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 15,437 shares of the oil and gas exploration company’s stock valued at $500,000 after purchasing an additional 5,831 shares in the last quarter. 1.18% of the stock is owned by hedge funds and other institutional investors.

About ENI

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.