Analysts Issue Forecasts for ENI's FY2026 Earnings (NYSE:E)

Key Points

• Erste Group Bank raised ENI’s FY2026 EPS forecast to $6.12 from $5.62, above the $5.63 consensus estimate, while maintaining a “Hold” rating. The firm forecasts FY2027 EPS of $5.59.
• Analyst sentiment is mixed but leans positive: ENI has a consensus “Moderate Buy” rating and a $42.30 price target, with recent upgrades from BNP Paribas Exane, DBS Bank, Weiss Ratings and others, offset by a Zacks “Strong Sell” downgrade.
• ENI reported quarterly EPS of $1.76, exceeding the $1.66 consensus, though revenue of $25.87 billion fell short of the $27.93 billion estimate. The stock opened at $54.87, near its 52-week high of $58.00.

Eni SpA (NYSE:E - Free Report) - Equities research analysts at Erste Group Bank upped their FY2026 earnings per share (EPS) estimates for ENI in a note issued to investors on Wednesday, August 5th. Erste Group Bank analyst H. Engel now anticipates that the oil and gas exploration company will earn $6.12 per share for the year, up from their previous estimate of $5.62. Erste Group Bank currently has a "Hold" rating on the stock. The consensus estimate for ENI's current full-year earnings is $5.63 per share. Erste Group Bank also issued estimates for ENI's FY2027 earnings at $5.59 EPS.

Several other analysts have also recently commented on E. Zacks Research cut ENI from a "hold" rating to a "strong sell" rating in a research report on Friday, July 10th. BNP Paribas Exane upgraded shares of 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. Wall Street Zen raised shares of ENI from a "hold" rating to a "buy" rating in a research note on Saturday. Weiss Ratings raised ENI from a "hold (c)" rating to a "buy (b-)" rating in a research note on Monday, August 3rd. Finally, Dbs Bank raised shares of ENI from a "hold" rating to a "moderate buy" rating in a research report on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, ENI has a consensus rating of "Moderate Buy" and a consensus price target of $42.30.

ENI Stock Performance

ENI stock opened at $54.87 on Tuesday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.23 and a quick ratio of 1.05. The company has a market cap of $92.62 billion, a P/E ratio of 14.03, a price-to-earnings-growth ratio of 0.25 and a beta of 0.39. ENI has a fifty-two week low of $34.03 and a fifty-two week high of $58.00. The firm's 50 day simple moving average is $50.69 and its 200-day simple moving average is $50.40.

ENI (NYSE:E - Get Free Report) last announced its earnings results on Tuesday, July 28th. The oil and gas exploration company reported $1.76 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.66 by $0.10. The company had revenue of $25.87 billion for the quarter, compared to analyst estimates of $27.93 billion. ENI had a return on equity of 11.27% and a net margin of 6.51%.

Institutional Trading of ENI

Institutional investors have recently made changes to their positions in the business. Massachusetts Financial Services Co. MA boosted its stake in ENI by 8.2% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 589,265 shares of the oil and gas exploration company's stock worth $22,357,000 after purchasing an additional 44,588 shares in the last quarter. Optiver Holding B.V. acquired a new stake in shares of ENI in the first quarter valued at $6,586,000. Quantinno Capital Management LP increased its stake in shares of ENI by 13.2% in the first quarter. Quantinno Capital Management LP now owns 453,940 shares of the oil and gas exploration company's stock valued at $25,698,000 after buying an additional 52,901 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new position in shares of ENI in the first quarter valued at about $63,334,000. Finally, Kornitzer Capital Management Inc. KS acquired a new position in ENI during the 4th quarter worth about $375,000. 1.18% of the stock is currently owned by institutional investors and hedge funds.

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.

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