
E Stock Forecast & Price Target
E Analyst Ratings
Bulls say
Eni has demonstrated a strengthened balance sheet through successful asset sales, leading to a notable inflection in gearing that surpassed market expectations and is anticipated to drive earnings improvement through 2026. The company's production capacities are robust, with 0.8 million barrels of liquids and 4.8 billion cubic feet of natural gas produced daily, and it maintains significant reserves of 6.5 billion barrels of oil equivalent, with a strong 46% comprising liquids. Additionally, the strategic establishment of Plenitude for its renewable and low-carbon initiatives indicates Eni's commitment to diversifying its portfolio, which could further enhance its financial performance in the future.
Bears say
Eni's outlook is negatively impacted by the assumption of a $40 per barrel Brent price for 2025, which suggests a significant reduction in revenues from oil production, alongside expectations of weakened refining and marketing earnings closer to recession levels similar to those observed during the 2008-2009 financial crisis. Additionally, the company operates within a global chemicals industry facing persistent margin pressures due to low demand growth and increased supply, further exacerbated by uncompetitive feedstock costs and elevated power prices experienced by European competitors. Furthermore, Eni has observed stagnant upstream production volumes, which, when compared to peers, indicates a lack of growth potential that could hinder future profitability.
This aggregate rating is based on analysts' research of Eni SpA Sponsored ADR and is not a guaranteed prediction by Public.com or investment advice.
E Analyst Forecast & Price Prediction
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