FY2026 Earnings Forecast for ENI Issued By Erste Group Bank

Eni SpA (NYSE:E) – Erste Group Bank cut their FY2026 EPS estimates for shares of ENI in a research report issued on Monday, July 27th. Erste Group Bank analyst H. Engel now forecasts that the oil and gas exploration company will post earnings of $5.62 per share for the year, down from their previous estimate of $5.65. Erste Group Bank currently 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 $5.35 EPS.

E has been the topic of several other research reports. Zacks Research lowered ENI from a “hold” rating to a “strong sell” rating in a report on Friday, July 10th. Royal Bank Of Canada boosted their target price on ENI from $24.00 to $28.00 and gave the company a “sector perform” rating in a report on Thursday, April 9th. Rothschild & Co Redburn raised ENI from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 9th. Weiss Ratings downgraded ENI from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, July 17th. Finally, Dbs Bank upgraded ENI from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $42.30.

ENI Price Performance

Shares of NYSE:E opened at $50.32 on Wednesday. ENI has a 12 month low of $33.74 and a 12 month high of $58.00. The firm has a market capitalization of $84.94 billion, a P/E ratio of 28.92, a P/E/G ratio of 0.27 and a beta of 0.40. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.16 and a quick ratio of 1.02. The company’s fifty day moving average price is $50.57 and its 200 day moving average price is $49.38.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of E. Sei Investments Co. raised its holdings in shares of ENI by 1.7% in the first quarter. Sei Investments Co. now owns 12,011 shares of the oil and gas exploration company’s stock valued at $680,000 after buying an additional 204 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of ENI by 2.9% during the first quarter. EverSource Wealth Advisors LLC now owns 7,401 shares of the oil and gas exploration company’s stock worth $419,000 after buying an additional 210 shares during the last quarter. Checchi Capital Advisers LLC increased its position in ENI by 2.0% in the 1st quarter. Checchi Capital Advisers LLC now owns 11,071 shares of the oil and gas exploration company’s stock valued at $627,000 after acquiring an additional 213 shares during the period. Gallacher Capital Management LLC increased its position in ENI by 1.2% in the 1st quarter. Gallacher Capital Management LLC now owns 21,356 shares of the oil and gas exploration company’s stock valued at $1,209,000 after acquiring an additional 254 shares during the period. Finally, MGO One Seven LLC raised its stake in ENI by 2.3% during the 4th quarter. MGO One Seven LLC now owns 11,882 shares of the oil and gas exploration company’s stock valued at $451,000 after acquiring an additional 263 shares during the last quarter. 1.18% of the stock is owned by hedge funds and other institutional investors.

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.