Amundi S.A.

ENXTPA:AMUN Stock Report

Market Cap: €18.1b

Amundi Future Growth

Future criteria checks 0/6

Amundi's revenue and earnings are forecast to decline at 21.6% and 2.6% per annum respectively. EPS is expected to decline by 2.1% per annum. Return on equity is forecast to be 11.4% in 3 years.

Key information

-2.6%

Earnings growth rate

-2.11%

EPS growth rate

Capital Markets earnings growth5.8%
Revenue growth rate-21.6%
Future return on equity11.43%
Analyst coverage

Good

Last updated15 Jul 2026

Recent future growth updates

Recent updates

Narrative Update • Jul 06

AMUN: Asia Expansion And Mixed Expectations Will Shape Future Returns

Amundi’s analyst price target has been revised higher to €87.36 from €85.57, reflecting updated assumptions on the discount rate, revenue and margins. This comes alongside a series of recent target changes from banks that have generally edged expectations higher, even as views across analysts remain mixed.
Narrative Update • Jun 17

AMUN: Mixed Price Revisions And Blockchain Progress Will Shape Future Returns

Analysts have nudged their fair value estimate for Amundi higher to €85.57, supported by a series of mixed but generally upward price target revisions that reflect modest adjustments to the discount rate, revenue trajectory, and expected future P/E assumptions. Analyst Commentary Recent research on Amundi highlights a mix of upgraded and reduced price targets, which helps explain why the fair value estimate has edged higher while still reflecting pockets of caution around execution and valuation.
Analysis Article • Jun 17

Amundi (ENXTPA:AMUN) Stock Could Be 2% Undervalued After Blockchain Fund Push

Amundi (ENXTPA:AMUN) is in focus after announcing progress in its collaboration with CACEIS and Ant International, including tokenised share classes for a money market fund and blockchain based treasury solutions. See our latest analysis for Amundi. At a share price of €83.9, Amundi has seen short term momentum cool slightly with a 1 month share price return that has edged down. However, the 90 day share price return of 12.54% and 1 year total shareholder return of 31.81% suggest the broader...
Narrative Update • Jun 03

AMUN: Mixed Price Revisions And Stable P/E Assumptions Will Shape Future Returns

Analysts have raised their average price target for Amundi to around €85, reflecting a modest uplift supported by recent target increases from several banks, even as some houses have trimmed their views. Analyst Commentary Bullish Takeaways Bullish analysts lifting price targets by amounts such as €3 and €7 suggest they view the current share price as not fully reflecting Amundi’s execution and earnings power.
Narrative Update • May 12

AMUN: Share Buybacks And Mixed P/E Views Will Shape Future Returns

Analysts have nudged the average price target for Amundi higher to about €84 from roughly €82, citing updated fair value estimates and slightly adjusted assumptions on discount rates, revenue trends, profit margins and future P/E levels. Analyst Commentary Recent research on Amundi shows a mix of optimism and caution, with several firms adjusting price targets in both directions and at least one downgrade alongside multiple upward revisions.
Narrative Update • Apr 26

AMUN: Share Buybacks And Conflicting P/E Assumptions Will Shape Return Outlook

Amundi's updated analyst price target edges down slightly to about €82 from roughly €82.06, reflecting a mix of recent target increases and cuts as analysts factor in revised fair value estimates, discount rates, and P/E assumptions. Analyst Commentary Recent research updates on Amundi show a mixed but active debate around valuation, with several firms adjusting price targets in both directions and at different times.
Narrative Update • Apr 12

AMUN: Buybacks And Mixed Earnings Assumptions Will Shape Future Return Potential

Amundi's analyst fair value estimate has been adjusted slightly lower from €82.57 to €82.06. This change reflects a recent mix of price target increases and cuts across the Street as analysts update their views on revenue, margins and future P/E assumptions.
Narrative Update • Mar 28

AMUN: Share Repurchases And Stable Earnings Assumptions Will Support Future Upside Potential

Analysts have nudged their price targets on Amundi higher into the mid to high €70s, citing updated views on earnings quality and valuation. The internal fair value estimate remains steady at about €82.57.
Narrative Update • Mar 13

AMUN: Capital Returns Through €500m Buyback Will Drive Forward Balance

Narrative Update on Amundi The updated analyst price target for Amundi reflects recent Street research, with several firms revising their views and setting new targets in a range around €71 to €78.10, including hikes to €71, €75, €76 and €78.10. Analysts are reassessing the shares using slightly adjusted discount rate and P/E assumptions.
Narrative Update • Feb 27

AMUN: Capital Returns And Execution On EPS Ambitions Will Shape Forward Balance

Analysts have nudged their fair value estimate for Amundi higher to €82.57 from €81.10, reflecting updated price targets in the €71 to €78.10 range and slightly adjusted assumptions on discount rate, growth, margins and future P/E. Analyst Commentary Recent research activity around Amundi has centred on a cluster of updated price targets within the €71 to €78.10 range, along with a mix of rating actions that highlight both upside potential and execution risks.
Narrative Update • Feb 13

AMUN: EPS Ambitions And Capital Returns Will Shape Balanced Forward Outlook

The updated analyst price target for Amundi has moved higher to about €81 from roughly €78, with analysts pointing to changes in their assumptions around revenue growth, profit margins, discount rate and future P/E as the key drivers of this shift. Analyst Commentary Recent research on Amundi has focused heavily on valuation levels and execution against earnings expectations, with several firms adjusting their price targets in quick succession.
Analysis Article • Feb 06

Amundi (EPA:AMUN) Will Pay A Dividend Of €4.25

Amundi S.A. ( EPA:AMUN ) has announced that it will pay a dividend of €4.25 per share on the 11th of June. This means...
Narrative Update • Jan 30

AMUN: Partnership Deals And EPS Aims Will Shape Balanced Forward Outlook

The updated analyst price target for Amundi edges slightly higher to about €78.03, with analysts citing a recalibrated discount rate, steady margin assumptions and fresh target upgrades from firms lifting their views into a €71 to €82.10 range. Analyst Commentary Recent Street research on Amundi reflects a mix of renewed optimism and lingering caution, with price targets spread roughly between €63 and €82.10.
Narrative Update • Jan 15

AMUN: Distribution Partnerships And EPS Ambitions Will Shape Balanced Forward Expectations

Analysts have lifted their implied fair value estimate for Amundi to about €78 from about €74. This reflects a series of higher price targets and updated views on margins, discount rates and forward P/E assumptions.
Narrative Update • Dec 25

AMUN: Distribution Agreements And EPS Guidance Will Drive Future Performance Balance

Analysts modestly lifted their consolidated price target on Amundi, reflecting recent upward revisions from several brokers into the low EUR 70s to low EUR 80s range, supported by expectations of resilient profitability despite mixed views on distribution risks and sector headwinds. Analyst Commentary Recent research updates highlight a mixed but constructive stance on Amundi, with price targets clustered between the low EUR 60s and low EUR 80s and ratings spanning Buy, Neutral and Sector Perform.
Narrative Update • Dec 11

AMUN: Distribution Partnerships And Earnings Guidance Will Shape Future Performance Balance

Amundi's analyst price target has inched higher by about EUR 0.70 to EUR 74.50, as analysts modestly upgrade fair value assumptions and future earnings expectations despite continued uncertainty around distribution agreements. Analyst Commentary Recent research updates present a mixed but generally constructive view on Amundi, with price targets moving both higher and lower as analysts reassess growth, distribution risks, and valuation.
Narrative Update • Nov 27

AMUN: Distribution Partnerships And Earnings Resilience Will Define Near-Term Performance

Amundi's analyst price target was raised modestly from EUR 73.21 to EUR 73.80. This reflects analysts' continued confidence in the company's outlook despite recent sector volatility and mixed target adjustments across the Street.
Narrative Update • Nov 13

AMUN: Distribution Agreement Uncertainty And Profit Margin Outlook Will Shape Performance

Amundi’s analyst price target has decreased to €73.21 from €75.74. Analysts cite diminished outlook confidence and persistent uncertainty regarding key distribution agreements.
Narrative Update • Oct 29

Earnings Expansion Will Continue Despite Shifting Market Expectations And Margin Pressure

Amundi's analyst price target has been modestly reduced from €76.52 to €75.74. Analysts cite recent adjustments in growth assumptions and market expectations, which support the new valuation.
Analysis Article • Sep 06

Lacklustre Performance Is Driving Amundi S.A.'s (EPA:AMUN) Low P/E

Amundi S.A.'s ( EPA:AMUN ) price-to-earnings (or "P/E") ratio of 7.6x might make it look like a strong buy right now...
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New Narrative • Dec 08

Strong ETF Growth And Global Partnerships Propel Revenue And Earnings Expansion

Growth in European ETFs and responsible investments could drive future revenue increases by capturing more market share.

Earnings and Revenue Growth Forecasts

ENXTPA:AMUN - Analysts future estimates and past financials data (EUR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20283,6451,5021,502N/A11
12/31/20273,5711,4571,501N/A12
12/31/20263,5281,4581,406N/A12
3/31/20266,8791,638N/AN/AN/A
12/31/20256,7991,5921,7281,821N/A
9/30/20256,7741,595N/AN/AN/A
6/30/20256,8301,6671,8211,904N/A
3/31/20256,7431,290N/AN/AN/A
12/31/20246,6561,3051,5221,590N/A
9/30/20246,1711,255N/AN/AN/A
6/30/20246,1821,2101,4001,452N/A
3/31/20246,0271,183N/AN/AN/A
12/31/20235,9951,1651,4901,543N/A
9/30/20235,9901,109N/AN/AN/A
6/30/20235,9901,1381,2281,289N/A
3/31/20235,9271,057N/AN/AN/A
12/31/20225,9801,074-234-184N/A
9/30/20225,8891,091N/AN/AN/A
6/30/20226,0441,152696739N/A
3/31/20225,9931,374N/AN/AN/A
12/31/20215,9231,3691,9081,955N/A
9/30/20215,1701,341N/AN/AN/A
6/30/20215,3231,240411468N/A
3/31/20214,7691,014N/AN/AN/A
12/31/20204,6679101,2081,264N/A
9/30/20204,800896N/AN/AN/A
6/30/20204,7198931,8141,863N/A
3/31/20204,891917N/AN/AN/A
12/31/20194,877959N/A982N/A
9/30/20194,871889N/AN/AN/A
6/30/20194,631881N/A698N/A
3/31/20194,842869N/AN/AN/A
12/31/20184,850855N/A594N/A
9/30/20184,109753N/AN/AN/A
6/30/20185,239848N/A496N/A
3/31/20184,127700N/AN/AN/A
1/1/20184,112681N/A2,020N/A
9/30/20172,848583N/AN/AN/A
6/30/20172,877578N/A2,368N/A
3/31/20172,774581N/AN/AN/A
12/31/20162,737568N/A435N/A
9/30/20162,846540N/AN/AN/A
6/30/20162,717522N/A203N/A
3/31/20162,825520N/AN/AN/A
12/31/20152,838519N/A342N/A
9/30/20152,744517N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AMUN's earnings are forecast to decline over the next 3 years (-2.6% per year).

Earnings vs Market: AMUN's earnings are forecast to decline over the next 3 years (-2.6% per year).

High Growth Earnings: AMUN's earnings are forecast to decline over the next 3 years.

Revenue vs Market: AMUN's revenue is expected to decline over the next 3 years (-21.6% per year).

High Growth Revenue: AMUN's revenue is forecast to decline over the next 3 years (-21.6% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: AMUN's Return on Equity is forecast to be low in 3 years time (11.4%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/17 23:34
End of Day Share Price 2026/07/17 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 world class team 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

Amundi S.A. is covered by 24 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.

AnalystInstitution
Jesús Gómez DominguezBanco Santander
Michael SandersonBarclays
Andrew LoweBerenberg