Eni SpA (NYSE:E) Receives $42.30 Consensus Target Price from Brokerages

Shares of Eni SpA (NYSE:E) have been assigned a consensus rating of “Moderate Buy” from the thirteen research firms that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, six have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $42.30.

Several equities research analysts have recently issued reports on E shares. Dbs Bank raised shares of ENI from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, April 28th. BNP Paribas Exane upgraded shares of ENI from a “neutral” rating to an “outperform” rating and set a $64.30 target price on the stock in a report on Friday, April 17th. Rothschild & Co Redburn raised shares of ENI from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 9th. Royal Bank Of Canada increased their price target on ENI from $24.00 to $28.00 and gave the company a “sector perform” rating in a report on Thursday, April 9th. Finally, Erste Group Bank lowered ENI from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th.

ENI Stock Up 7.2%

Shares of NYSE:E opened at $53.83 on Thursday. The stock has a 50-day simple moving average of $50.55 and a 200-day simple moving average of $49.50. The stock has a market capitalization of $90.85 billion, a P/E ratio of 30.93, a PEG ratio of 0.27 and a beta of 0.40. ENI has a 1 year low of $33.74 and a 1 year high of $58.00. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.02 and a current ratio of 1.16.

ENI (NYSE:E) last posted its quarterly earnings results on Wednesday, July 29th. The oil and gas exploration company reported $1.76 EPS for the quarter, beating the consensus estimate of $1.74 by $0.02. The firm had revenue of $27.73 billion for the quarter, compared to analyst estimates of $27.85 billion. ENI had a net margin of 3.37% and a return on equity of 9.21%. Equities analysts forecast that ENI will post 5.06 earnings per share for the current year.

More ENI News

Here are the key news stories impacting ENI this week:

• Positive Sentiment: Quarterly earnings beat expectations: Eni reported quarterly EPS of $1.76, surpassing the $1.66 consensus estimate by $0.10. Second-quarter production growth and higher oil and gas prices helped lift results. Eni earnings report
• Positive Sentiment: Buyback increased: Eni raised its full-year share-repurchase program to €3.4 billion from €2.8 billion after the stronger-than-expected quarter. The larger buyback should support per-share earnings and signals management confidence in cash flow. Eni increases buyback
• Positive Sentiment: Growth projects advanced: Eni and TotalEnergies approved development of Cyprus’ Cronos gas field, targeting a 2028 startup to supply LNG to Europe. Eni also expects rapid development of Venezuela’s Junin 5 oilfield if investment resumes, potentially adding longer-term production growth. Cyprus Cronos gas field Venezuela Junin 5 development
• Neutral Sentiment: Libyan production resumed: Output at Eni-linked Libyan fields reportedly restarted after a disruption, removing a near-term operational setback, although the region remains exposed to security and political instability.
• Negative Sentiment: Analyst estimates edged lower: Erste Group Bank cut its FY2026 EPS forecast to $5.62 from $5.65 and its FY2027 forecast to $5.35 from $5.38, while maintaining a “Hold” rating. The reductions are modest but point to limited expectations for earnings growth.

Institutional Investors Weigh In On ENI

Several hedge funds have recently modified their holdings of the stock. DV Equities LLC acquired a new position in ENI during the 4th quarter worth approximately $35,000. Manchester Capital Management LLC raised its stake in shares of ENI by 56.8% during the fourth quarter. Manchester Capital Management LLC now owns 1,206 shares of the oil and gas exploration company’s stock valued at $46,000 after purchasing an additional 437 shares during the period. Advisory Services Network LLC purchased a new stake in shares of ENI during the third quarter valued at approximately $47,000. CIBC Private Wealth Group LLC purchased a new stake in shares of ENI during the third quarter valued at approximately $48,000. Finally, Global Retirement Partners LLC lifted its position in shares of ENI by 320.5% during the fourth quarter. Global Retirement Partners LLC now owns 1,375 shares of the oil and gas exploration company’s stock worth $52,000 after purchasing an additional 1,048 shares in the last quarter. 1.18% of the stock is currently 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.