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Italian (Borsa Italiana) Market Analysis & Valuation

UpdatedApr 06, 2026
DataAggregated Company Financials
Companies389
  • 7D4.8%
  • 3M-1.0%
  • 1Y28.3%
  • YTD0.04%

Over the last 7 days, the market has risen 4.8%, driven by gains in every sector, especially the Financials sector. The market is up 28% over the last 12 months. Earnings are forecast to grow by 11% annually.

Trending IndustriesSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 06 Apr 2026€1.0t€811.0b€43.0b16.1x24.4x1.3x
Wed, 04 Mar 2026€1.0t€807.4b€47.3b16.5x21.8x1.3x
Fri, 30 Jan 2026€1.1t€800.3b€65.4b17.1x16.1x1.3x
Sun, 28 Dec 2025€1.1t€801.3b€65.4b16.7x16.2x1.3x
Tue, 25 Nov 2025€996.6b€800.1b€65.4b16.4x15.2x1.2x
Thu, 23 Oct 2025€990.9b€799.6b€64.2b17.1x15.4x1.2x
Sat, 20 Sep 2025€989.7b€799.7b€64.2b17.8x15.4x1.2x
Mon, 18 Aug 2025€981.7b€798.9b€64.1b17.2x15.3x1.2x
Wed, 16 Jul 2025€922.6b€806.5b€71.7b16.9x12.9x1.1x
Fri, 13 Jun 2025€921.3b€823.0b€71.8b16.3x12.8x1.1x
Sun, 11 May 2025€909.4b€814.4b€71.8b15.3x12.7x1.1x
Tue, 08 Apr 2025€769.6b€815.3b€71.1b13x10.8x0.9x
Thu, 06 Mar 2025€812.6b€814.5b€67.2b14.1x12.1x1x
Sat, 01 Feb 2025€776.9b€833.2b€75.4b14.2x10.3x0.9x
Mon, 30 Dec 2024€728.5b€821.2b€75.3b14x9.7x0.9x
Wed, 27 Nov 2024€709.1b€831.9b€75.6b13.4x9.4x0.9x
Fri, 25 Oct 2024€733.5b€838.3b€75.4b13.9x9.7x0.9x
Sun, 22 Sep 2024€720.6b€836.8b€75.2b14.3x9.6x0.9x
Tue, 20 Aug 2024€714.8b€848.1b€75.5b14x9.5x0.8x
Thu, 18 Jul 2024€754.7b€854.1b€79.1b14.5x9.5x0.9x
Sat, 15 Jun 2024€732.4b€869.0b€79.8b14x9.2x0.8x
Mon, 13 May 2024€775.2b€863.3b€79.1b14.7x9.8x0.9x
Wed, 10 Apr 2024€770.9b€884.0b€78.9b14.5x9.8x0.9x
Fri, 08 Mar 2024€757.5b€921.2b€80.8b14.1x9.4x0.8x
Sun, 04 Feb 2024€679.8b€920.7b€76.8b15x8.9x0.7x
Tue, 02 Jan 2024€675.5b€921.2b€77.3b15x8.7x0.7x
Thu, 30 Nov 2023€651.4b€923.6b€77.3b14.3x8.4x0.7x
Sat, 28 Oct 2023€604.8b€967.9b€75.0b13.5x8.1x0.6x
Mon, 25 Sep 2023€638.9b€964.5b€73.8b15.1x8.7x0.7x
Wed, 23 Aug 2023€629.9b€962.4b€73.7b15.2x8.5x0.7x
Fri, 21 Jul 2023€638.7b€947.1b€69.5b15.9x9.2x0.7x
Sun, 18 Jun 2023€626.3b€947.9b€77.2b16x8.1x0.7x
Tue, 16 May 2023€621.5b€945.0b€77.5b16.2x8x0.7x
Thu, 13 Apr 2023€630.8b€946.0b€67.0b16.1x9.4x0.7x
Price to Earnings Ratio

9.4x


Total Market Cap: €630.8bTotal Earnings: €67.0bTotal Revenue: €946.0bTotal 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 24.4x 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 14% per year over the last three years.
  • Revenues have also declined 5.0% 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 Market4.84%
Industrials7.93%
Consumer Discretionary6.42%
Utilities5.54%
Tech5.48%
Real Estate4.94%
Materials4.69%
Telecom4.68%
Financials4.07%
Energy2.63%
Healthcare2.41%
Consumer Staples1.06%
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 31.3% which is higher than its past year's earnings decline of 5.6% 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 5.6% per year.
  • In contrast, the Materials sector is expected to see its earnings grow by 4.3% 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€62.664.7%
+€4.2b		46.9%PB1.4xFinancials
LDO Leonardo€62.2611.9%
+€3.8b		59.5%PE29.3xIndustrials
ISP Intesa Sanpaolo€5.324.3%
+€3.8b		36.4%PB1.4xFinancials
ENEL Enel€9.753.7%
+€3.5b		42.2%PE23xUtilities
PRY Prysmian€104.7010.3%
+€2.8b		154.6%PE24.2xIndustrials
See more

Market Insights

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Latest News

ICOP
€23.00
I.CO.P.. Società Benefit
7D
-1.7%
1Y
155.6%
PRY
€104.70
Prysmian
7D
10.3%
1Y
154.6%

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.
RWY
€10.30
Reway Group
7D
-2.8%
1Y
43.1%
ISP
€5.32
Intesa Sanpaolo
7D
4.3%
1Y
36.4%

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.
NWL
€15.36
NewPrinces
7D
-19.9%
1Y
4.3%
PST
€20.87
Poste Italiane
7D
4.8%
1Y
38.5%

PST: Higher Earnings Quality Will Support Future Upside As P/E Assumptions Hold

Analysts have nudged up their targets on Poste Italiane toward the mid €20s, with recent price objectives reaching up to about €25. These changes reflect updated views on revenue growth, profitability and future P/E assumptions.
TEN
€25.28
Tenaris
7D
-0.3%
1Y
73.7%

TEN: Future Capital Returns And Modest Assumption Shifts May Support Upside

Analysts now set a slightly higher price target for Tenaris at about €28.19, up from roughly €27.94. The change reflects modest adjustments to assumptions for discount rate, revenue growth, profit margin and future P/E.
STLAM
€6.58
Stellantis
7D
9.8%
1Y
-20.6%

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
€9.75
Enel
7D
3.7%
1Y
42.2%

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.
AMP
€9.14
Amplifon
7D
-0.8%
1Y
-47.3%

Investors Can Find Comfort In Amplifon's (BIT:AMP) Earnings Quality

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LDO
€62.26
Leonardo
7D
11.9%
1Y
59.5%
ICOS
€12.30
Intercos
7D
-1.4%
1Y
0.2%

ICOS: Lower Discount Rate And Firmer Margins Will Support Stable Upside

Analysts have trimmed their price target for Intercos to €16.19, reflecting updated assumptions for a lower discount rate, revised expectations for revenue growth and profit margins, and a slightly reduced future P/E multiple. Valuation Changes Fair Value: €16.19 is unchanged, with the revised assumptions offsetting each other in the model.
BMPS
€7.40
Banca Monte dei Paschi di Siena
7D
-0.5%
1Y
24.5%

BMPS: Bullish Fair View Will Hinge On Governance And M&A Talks

Analysts have raised the price target for Banca Monte dei Paschi di Siena to €9.20 from €8.20, citing updated assumptions on fair value, discount rate, revenue growth, profit margins and a revised future P/E multiple following recent bullish Street research. Analyst Commentary While the latest target of €9.20 reflects more constructive assumptions on revenue and profitability, not all analysts are fully comfortable with the risk and valuation profile at current levels.
G
€35.81
Assicurazioni Generali
7D
4.7%
1Y
22.2%

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.
UCG
€62.66
UniCredit
7D
4.7%
1Y
46.9%

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.
IF
€20.88
Banca IFIS
7D
-3.2%
1Y
14.0%