SPIE (SPIE) Stock Overview
Provides multi-technical services in the areas of energy and communications in France, Germany, the Netherlands, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 5/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
SPIE Community Fair Values
Create NarrativeSee what 17 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
SPIE SA Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €44.64 |
| 52 Week High | €53.45 |
| 52 Week Low | €41.44 |
| Beta | 0.75 |
| 1 Month Change | -6.81% |
| 3 Month Change | -10.58% |
| 1 Year Change | -8.45% |
| 3 Year Change | 60.46% |
| 5 Year Change | 126.14% |
| Change since IPO | 155.82% |
Recent News & Updates
Recent updates
Narrative Update • Sep 10
SPIE: Data Center And Grid Exposure Will Shape Bullish 2026 Outlook
The analyst price target for SPIE has moved from €50 to €52, as analysts highlight company-specific growth drivers such as German HV and grid activity, easing pressures in French Fiber and Building Solutions, and exposure to data center projects as factors supporting a modestly higher fair value. Analyst Commentary on SPIE Recent research on SPIE points to a generally constructive view, with analysts highlighting the company’s position in European multi-technical services and its exposure to areas such as German high-voltage grid work and data center projects.Narrative Update • Jun 30
SPIE: Energy Infrastructure Wins And Mixed Execution Risks Will Shape 2026 Outlook
Analysts have raised the SPIE fair value estimate from €46.0 to €50.0, based on updated assumptions regarding revenue growth, profit margins, the discount rate and future P/E. These updates are broadly consistent with recent upward revisions to Street price targets, which have moved from €2 to €8.
Narrative Update • Jun 16
SPIE: Higher Earnings Visibility Will Support Further Share Price Upside
Analysts have nudged their fair value estimate for SPIE to €61, reflecting updated views on revenue growth, profit margins, and a lower assumed future P/E multiple that aligns with recent price target increases from major banks. Analyst Commentary Recent Street research has pointed to a more optimistic stance on SPIE, with major banks adjusting price targets higher in light of updated views on the company’s earnings power and valuation framework.
Narrative Update • Jun 02
SPIE: Offshore Wind Wins And Buybacks Will Support Higher Earnings Multiple
Narrative Update on SPIE The updated analyst price target for SPIE moves to €56.18 from €55.59. Analysts attribute this to refreshed assumptions for revenue growth, discount rate, profit margins and future P/E, which support the change following recent target raises from €49.50 to €51 and further upward revisions of €2 and €8 by the Street.Narrative Update • May 03
SPIE: Future Revenue Will Surpass €10b As Earnings Multiple Expands
The updated analyst price target for SPIE increases to €55.59 from €53.45, with analysts citing refreshed assumptions on revenue growth and P/E, along with recent Street target hikes of €8 and €2, as key supports for this revision. Analyst Commentary Bullish Takeaways Bullish analysts point to successive target lifts, including the recent €8 move at JPMorgan and prior €2 and €1.50 steps, as support for a higher valuation framework on SPIE.Narrative Update • Apr 18
SPIE: Model Refinements And Governance Shifts Will Shape Balanced 2026 Outlook
Analysts have raised their price target on SPIE to €51 from €49.50, citing updated assumptions on the discount rate, revenue growth, profit margin and future P/E. These revisions keep the estimated fair value broadly aligned with previous levels.Narrative Update • Apr 03
SPIE: Updated Outlook And Leadership Change Will Shape Measured 2026 Prospects
Analysts have nudged their price target for SPIE to €51 from €49.50, reflecting updated assumptions around modestly higher revenue growth, a slightly stronger profit margin profile, and a near unchanged future P/E multiple. Analyst Commentary The latest price target move to €51, alongside an Equal Weight stance, signals that analysts see some support for the current valuation but remain hesitant to adopt a more positive view.Narrative Update • Mar 20
SPIE: Higher Medium Term Confidence Will Support Further Share Price Upside
Analysts have nudged their 12 month view on SPIE higher, with the headline change being a price target move from €49.50 to €51. This is supported by slightly adjusted assumptions on discount rate, revenue growth, profit margin and future P/E that keep fair value around €60.Narrative Update • Mar 06
SPIE: Tesla Energy Storage Agreement Will Drive Margins And Upside Potential
Analysts have kept their fair value estimate for SPIE steady at €60.00, with updated assumptions showing slightly different discount rate, revenue growth, profit margin and future P/E inputs, which together drive only a marginal adjustment to their price target rationale. What's in the News CEO transition planned, with long-serving Chief Executive Officer Gauthier Louette set to step down after the annual general shareholders’ meeting on 30 April 2026, in line with the company’s age limit policy (Key Developments).Narrative Update • Feb 20
SPIE: European Energy Storage Agreement Will Support Higher Margins And Upside Potential
Analysts have kept their €60.0 price target for SPIE unchanged, reflecting only minor tweaks to assumptions around discount rate, revenue growth, profit margins and future P/E, rather than a shift in their overall view of the shares. What's in the News SPIE signed a European framework agreement with Tesla for battery energy storage system (BESS) projects, with a renewable three year term covering group subsidiaries that have BESS installation expertise (Key Developments).Narrative Update • Feb 05
SPIE: European Energy Storage Partnership Will Support Higher Margins And Share Price Potential
Analysts have adjusted their price target on SPIE to €60.00, keeping the level unchanged while refining their assumptions for discount rate, revenue growth, profit margin and future P/E, which they see as better reflecting current risk and earnings expectations. What's in the News SPIE signed a European framework agreement with Tesla for battery energy storage system (BESS) projects, covering all SPIE group subsidiaries in Europe that work on BESS installations (Key Developments).Analysis Article • Jan 23
SPIE SA's (EPA:SPIE) Popularity With Investors Is Clear
With a price-to-earnings (or "P/E") ratio of 39x SPIE SA ( EPA:SPIE ) may be sending very bearish signals at the...Narrative Update • Jan 22
SPIE: European Energy Storage Agreement Will Shape Measured Outlook For 2025
Analysts have raised their price target on SPIE from €35.69 to €46.00, citing updated assumptions that include a slightly higher discount rate, revised estimates for revenue growth and profit margins, and a higher future P/E multiple. What's in the News SPIE signed a European framework agreement with Tesla covering battery energy storage system projects.Narrative Update • Jan 08
SPIE: Future Revenue Will Surpass €10b With Measured Profitability Outlook
Analysts have nudged their fair value estimate for SPIE slightly higher, to €53.45 from €52.83, reflecting small adjustments to assumptions on the discount rate, revenue growth, profit margins and expected future P/E. What's in the News SPIE signed a European framework agreement with Tesla for battery energy storage system projects using Tesla Megapack solutions, covering all group subsidiaries in Europe with BESS installation expertise (Key Developments).Narrative Update • Dec 16
SPIE: European Battery Projects Will Drive Higher Margins And Share Price Potential
Analysts have reduced their price target on SPIE by 2.00 dollars to 60.00 dollars. This reflects slightly lower assumptions for revenue growth and valuation multiples, which are only partly offset by improved margin expectations.Narrative Update • Dec 01
SPIE: Future Revenue to Exceed €10 Billion as Profitability Set to Improve
Analysts have slightly reduced their price target for SPIE, lowering it from €52.50 to €49.50. This adjustment is due to a modest decrease in revenue growth expectations and updated market assessments.Analysis Article • Nov 12
SPIE's (EPA:SPIE) Returns On Capital Are Heading Higher
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Analysis Article • Oct 28
Is There An Opportunity With SPIE SA's (EPA:SPIE) 43% Undervaluation?
Key Insights SPIE's estimated fair value is €81.91 based on 2 Stage Free Cash Flow to Equity SPIE is estimated to be...Narrative Update • Oct 18
Energy Transition And Digitalization Trends Will Unlock Future Potential
The analyst price target for SPIE has been revised downward from €52.50 to €49.50. Analysts point to valuation concerns as the primary driver for the reduced estimate.Analysis Article • Oct 10
Here's Why SPIE (EPA:SPIE) Can Manage Its Debt Responsibly
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Narrative Update • Oct 03
Energy Transition And Digitalization Trends Will Unlock Future Potential
Analysts have marginally raised their fair value estimate for SPIE to €53.05 from €52. This change reflects modest adjustments to expected growth and profitability assumptions in light of recent market developments.Analysis Article • Sep 26
Is It Time To Consider Buying SPIE SA (EPA:SPIE)?
SPIE SA ( EPA:SPIE ), might not be a large cap stock, but it saw significant share price movement during recent months...Narrative Update • Aug 06
Energy Transition And Digitalization Trends Will Unlock Future Potential
Despite a notable downgrade in consensus revenue growth forecasts, SPIE's consensus price target has risen significantly—driven by valuation multiple expansion—with the target increasing from €45.65 to €50.85. What's in the News SPIE SA reaffirmed its 2025 earnings outlook, expecting strong total growth and Group revenue to exceed EUR 10 billion, including ongoing organic growth and active bolt-on M&A.Shareholder Returns
| SPIE | FR Commercial Services | FR Market | |
|---|---|---|---|
| 7D | 2.0% | 0.6% | -1.5% |
| 1Y | -8.4% | 1.0% | -1.5% |
Return vs Industry: SPIE underperformed the French Commercial Services industry which returned 1% over the past year.
Return vs Market: SPIE underperformed the French Market which returned -1.5% over the past year.
Price Volatility
| SPIE volatility | |
|---|---|
| SPIE Average Weekly Movement | 3.5% |
| Commercial Services Industry Average Movement | 3.4% |
| Market Average Movement | 4.3% |
| 10% most volatile stocks in FR Market | 8.9% |
| 10% least volatile stocks in FR Market | 2.1% |
Stable Share Price: SPIE has not had significant price volatility in the past 3 months compared to the French market.
Volatility Over Time: SPIE's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1900 | 54,673 | Markus Holzke | www.spie.com |
SPIE SA provides multi-technical services in the areas of energy and communications in France, Germany, the Netherlands, and internationally. It operates through five segments: France, Germany, North-Western Europe, Central Europe, and Global Services Energy. The company provides design, ICT consultancy and engineering, installation, maintenance and maintenance durability, technical facility management, and managed services.
SPIE SA Fundamentals Summary
| SPIE fundamental statistics | |
|---|---|
| Market cap | €7.56b |
| Earnings (TTM) | €301.70m |
| Revenue (TTM) | €10.67b |
25.1x
P/E Ratio0.7x
P/S RatioIs SPIE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SPIE income statement (TTM) | |
|---|---|
| Revenue | €10.67b |
| Cost of Revenue | €9.69b |
| Gross Profit | €976.80m |
| Other Expenses | €675.10m |
| Earnings | €301.70m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
Oct 30, 2026
| Earnings per share (EPS) | 1.78 |
| Gross Margin | 9.16% |
| Net Profit Margin | 2.83% |
| Debt/Equity Ratio | 141.7% |
How did SPIE perform over the long term?
See historical performance and comparisonDividends
2.4%
Current Dividend Yield62%
Payout RatioDoes SPIE pay a reliable dividends?
See SPIE dividend history and benchmarks| SPIE dividend dates | |
|---|---|
| Ex Dividend Date | Sep 15 2026 |
| Dividend Pay Date | Sep 17 2026 |
| Days until Ex dividend | 1 day |
| Days until Dividend pay date | 3 days |
Does SPIE pay a reliable dividends?
See SPIE dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/14 04:15 |
| End of Day Share Price | 2026/09/11 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
SPIE SA is covered by 22 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anna Patrice | Berenberg |
| Aleksander Peterc | Bernstein |
| Laurent Gelebart | BNP Paribas |