Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Italian (Borsa Italiana) Market Analysis & Valuation

UpdatedApr 09, 2026
DataAggregated Company Financials
Companies389
  • 7D2.6%
  • 3M1.5%
  • 1Y39.1%
  • YTD2.7%

The market has climbed 2.6% in the last 7 days, lead by the Financials sector with a gain of 3.8%. The market is up 39% over the last 12 months. As for the next few years, earnings are expected to grow by 11% per annum.

Trending IndustriesSoftwareRenewable Energy

Market Valuation and Performance

Has the Italian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 09 Apr 2026€1.1t€809.9b€43.0b16.3x25.1x1.3x
Sat, 07 Mar 2026€1.0t€807.4b€43.9b16.4x23.3x1.3x
Mon, 02 Feb 2026€1.1t€800.5b€65.4b17.1x16.2x1.3x
Wed, 31 Dec 2025€1.0t€800.8b€65.4b16.8x16x1.3x
Fri, 28 Nov 2025€1.0t€800.1b€65.5b16.2x15.5x1.3x
Sun, 26 Oct 2025€1.0t€799.6b€64.7b17.2x15.5x1.3x
Tue, 23 Sep 2025€992.0b€799.6b€64.1b17.6x15.5x1.2x
Thu, 21 Aug 2025€987.4b€798.8b€64.1b17.4x15.4x1.2x
Sat, 19 Jul 2025€930.8b€806.5b€71.7b17x13x1.2x
Mon, 16 Jun 2025€909.8b€823.1b€71.8b16.1x12.7x1.1x
Wed, 14 May 2025€923.2b€803.4b€71.9b15.4x12.8x1.1x
Fri, 11 Apr 2025€799.7b€815.1b€71.1b13.6x11.2x1x
Sun, 09 Mar 2025€815.7b€812.4b€67.9b14x12x1x
Tue, 04 Feb 2025€776.9b€833.3b€75.4b13.9x10.3x0.9x
Thu, 02 Jan 2025€730.0b€821.2b€75.4b14.1x9.7x0.9x
Sat, 30 Nov 2024€714.6b€831.8b€75.9b13.7x9.4x0.9x
Mon, 28 Oct 2024€734.2b€836.7b€74.1b14x9.9x0.9x
Wed, 25 Sep 2024€722.6b€836.2b€75.2b14.2x9.6x0.9x
Fri, 23 Aug 2024€713.4b€848.0b€75.5b14x9.4x0.8x
Sun, 21 Jul 2024€753.5b€853.9b€79.1b14.6x9.5x0.9x
Tue, 18 Jun 2024€744.0b€868.6b€79.9b14.1x9.3x0.9x
Thu, 16 May 2024€789.6b€863.0b€79.2b15.2x10x0.9x
Sat, 13 Apr 2024€766.0b€978.9b€83.9b14.4x9.1x0.8x
Mon, 11 Mar 2024€757.5b€921.1b€79.8b14x9.5x0.8x
Wed, 07 Feb 2024€681.0b€920.1b€78.1b14.3x8.7x0.7x
Fri, 05 Jan 2024€676.5b€921.6b€77.4b14.9x8.7x0.7x
Sun, 03 Dec 2023€657.1b€923.4b€77.3b14.4x8.5x0.7x
Tue, 31 Oct 2023€608.3b€947.4b€71.3b13.5x8.5x0.6x
Thu, 28 Sep 2023€624.7b€964.8b€73.8b15x8.5x0.6x
Sat, 26 Aug 2023€631.8b€962.4b€73.7b15.3x8.6x0.7x
Mon, 24 Jul 2023€639.8b€947.1b€69.5b15.8x9.2x0.7x
Wed, 21 Jun 2023€618.4b€947.9b€77.2b16.2x8x0.7x
Fri, 19 May 2023€617.7b€946.0b€77.6b16x8x0.7x
Sun, 16 Apr 2023€637.3b€946.9b€74.2b16x8.6x0.7x
Price to Earnings Ratio

8.6x


Total Market Cap: €637.3bTotal Earnings: €74.2bTotal Revenue: €946.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Italian Market Price to Earnings3Y Average 11.4x202420252026
Current Market PE
  • Investors are optimistic on the Italian market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 25.1x which is higher than its 3-year average PE of 11.4x.
Past Earnings Growth
  • The earnings for companies in the Italian industry have declined 17% per year over the last three years.
  • Revenues have also declined 5.1% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Sector Trends

Which sectors have driven the changes within the Italian Market?

IT Market2.61%
Tech5.63%
Consumer Staples5.14%
Financials3.77%
Telecom3.36%
Consumer Discretionary3.13%
Real Estate2.21%
Utilities1.63%
Industrials1.58%
Materials0.41%
Energy0.083%
Healthcare-0.20%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 36.3x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 31.2% which is higher than its past year's earnings decline of 3.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 31% over the next 5 years.
  • This is better than its past earnings decline of 3.5% per year.
  • In contrast, the Materials sector is expected to see its earnings grow by 4.4% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
UCG UniCredit€67.324.7%
+€4.5b		54.7%PB1.5xFinancials
ISP Intesa Sanpaolo€5.644.7%
+€4.4b		44.4%PB1.5xFinancials
PRY Prysmian€115.009.9%
+€3.0b		182.9%PE26.6xIndustrials
ENEL Enel€9.851.6%
+€1.6b		45.1%PE23.2xUtilities
STLAM Stellantis€6.716.2%
+€1.1b		-13.6%PS0.1xConsumer Discretionary
See more

Market Insights

Header cover image
What’s happening with Renewables & EVs?
Richard Bowman avatar
Richard Bowman
Part 1 of 3 in our “What’s happening with…” series, where we look back on the investment themes that were all the rage just a few years ago and see how they're doing now.
Continue reading
How to spot the winners in 2026's IPOs

Latest News

BPE
€12.06
BPER Banca
7D
4.4%
1Y
105.2%
PHIL
€20.50
Philogen
7D
-9.3%
1Y
2.5%

PHIL: 2026 Board Calendar And Steady Assumptions Will Support Future Repricing Potential

Analysts have kept their fair value estimate for Philogen steady at €26.0 per share, citing largely unchanged assumptions on the discount rate, revenue trends, profit margin and future P/E as reasons for maintaining their price target. What's in the News Board meeting scheduled for March 27, 2026, to approve the Draft Financial Statements and the 2025 Consolidated Financial Statements (company filing) Board meeting set for May 12, 2026, to approve a press release containing a quarterly report with selected information on business performance for the first quarter of 2026 (company filing) Board meeting planned for September 23, 2026, to approve the Half-Yearly Financial Report as at June 30, 2026 (company filing) Board meeting scheduled for November 12, 2026, to approve a press release with a quarterly report providing selected information on business performance for the third quarter of 2026 (company filing) Valuation Changes Fair Value: unchanged at €26.0 per share, with no adjustment to the overall fair value estimate.
NEXI
€3.34
Nexi
7D
1.0%
1Y
-21.1%

NEXI: Future Upside Will Rely On Capital Returns And Reset Expectations

Analysts have trimmed their average price targets on Nexi by around €1 to €2, reflecting updated fair value estimates of €3.81, a lower assumed discount rate of 13.34%, more moderate profit margin expectations at 14.75% and revised revenue growth assumptions following a series of target cuts and rating changes across the Street. Analyst Commentary Recent research updates on Nexi point to a tighter spread of price targets and a more cautious stance on growth, profitability and execution.
PRY
€115.00
Prysmian
7D
9.9%
1Y
182.9%

PRY: Energy Transition And Data Centre Demand Will Support Future Upside

Analysts have lifted their average price target on Prysmian to €113, an increase of €3, citing slightly stronger assumptions for revenue growth and profitability, supported by recent target hikes from several major banks. Analyst Commentary Recent research on Prysmian shows a mix of views, but there is a clear group of bullish analysts who see further value at current levels.
YACHT
€3.93
Ferretti
7D
-4.2%
1Y
70.3%
ISP
€5.64
Intesa Sanpaolo
7D
4.7%
1Y
44.4%

ISP: Fee And Insurance Strength Will Support Medium Term Earnings Upside

Analysts have nudged the fair value estimate for Intesa Sanpaolo from €6.43 to €6.65, reflecting updated views on revenue growth, profit margins and future P/E expectations after a series of recent price target raises and upgrades from major firms. Analyst Commentary Recent Street research on Intesa Sanpaolo has centered on higher price targets and upgrades, which feed directly into the updated fair value estimate.
STLAM
€6.71
Stellantis
7D
6.2%
1Y
-13.6%

STLAM: 2027 Margin Expansion And EV Partnerships Are Expected To Improve Upside

Analysts have trimmed the implied fair value for Stellantis by about €0.59, reflecting a series of reduced price targets and more cautious assumptions around revenue growth. This has been partially offset by slightly higher profit margin expectations and a lower future P/E of 5.80x.
ENEL
€9.85
Enel
7D
1.6%
1Y
45.1%

ENEL: Higher Price Views And India Asset Sale Will Reframe Risk Balance

The analyst price target for Enel has been raised by about €0.11. Analysts cite updated fair value estimates, slightly lower revenue growth assumptions, a modestly higher profit margin, and a higher future P/E as key drivers behind the change.
SOL
€57.50
SOL
7D
-4.2%
1Y
68.6%
LDO
€57.63
Leonardo
7D
-8.0%
1Y
41.5%
DIA
€60.64
DiaSorin
7D
-0.8%
1Y
-33.2%

DiaSorin's (BIT:DIA) Soft Earnings Are Actually Better Than They Appear

Mar 30
DiaSorin's (BIT:DIA) Soft Earnings Are Actually Better Than They Appear
ERG
€22.14
ERG
7D
-0.9%
1Y
33.1%
G
€36.10
Assicurazioni Generali
7D
1.8%
1Y
24.2%

G: Mixed Broker Views And Dividend Plans Will Guide Measured Forward Upside

Analysts have made a modest upward adjustment to the Assicurazioni Generali price target to about €36.87, reflecting mixed recent research in which some firms raised targets toward €38 to €38.50 while others trimmed estimates, alongside updated assumptions on growth, margins and a slightly lower future P/E. Analyst Commentary Bullish Takeaways Bullish analysts highlight that recent price targets in the €38 to €38.50 range suggest room for upside relative to the current average target, which may appeal if you think Generali can deliver on its plans.
ENI
€23.50
Eni
7D
-0.7%
1Y
109.2%
UCG
€67.32
UniCredit
7D
4.7%
1Y
54.7%

UCG: Higher Profitability Assumptions Will Support Future Upside Potential

Analysts have raised their fair value estimate for UniCredit from €57.00 to €72.00. They cite higher assumed revenue growth, stronger profit margins and a slightly lower future P/E multiple, which are in line with recent price target increases from major banks such as Citi, JPMorgan and Morgan Stanley.
TPRO
€16.71
Technoprobe
7D
9.6%
1Y
246.4%