Terna S.p.A.

BIT:TRN Stock Report

Market Cap: €20.6b

Terna Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Pasqualino Monti

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenureless than a year
CEO ownershipn/a
Management average tenure2.8yrs
Board average tenureless than a year

Recent management updates

Recent updates

Narrative Update Jun 05

TRN: Recent Rating Split And Policy Review Will Shape Risk Profile

Analysts have adjusted their view on Terna with a small price target increase of €0.50, reflecting updated assumptions on revenue growth, profit margins and future P/E, while recent research includes both a target raise and a downgrade. Analyst Commentary Recent research on Terna reflects mixed sentiment, with one price target increase and one downgrade sitting side by side.
Narrative Update May 21

TRN: Recent Rating Shift And Policy Review Will Shape Risk Reward Balance

Analysts have nudged Terna's implied fair value higher, with the price target moving from about €8.87 to around €9.73, supported by recent target increases from several firms and offset in part by a fresh downgrade. Analyst Commentary Recent research on Terna reflects a mix of optimism around valuation support and some caution on the risk and reward skew at current levels.
Analysis Article May 11

Terna S.p.A. (BIT:TRN) First-Quarter Results: Here's What Analysts Are Forecasting For This Year

Terna S.p.A. ( BIT:TRN ) came out with its quarterly results last week, and we wanted to see how the business is...
Analysis Article Mar 30

Analysts Are Updating Their Terna S.p.A. (BIT:TRN) Estimates After Its Yearly Results

Terna S.p.A. ( BIT:TRN ) came out with its yearly results last week, and we wanted to see how the business is...
Analysis Article Jan 13

The Returns At Terna (BIT:TRN) Aren't Growing

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Dec 05

These 4 Measures Indicate That Terna (BIT:TRN) Is Using Debt Extensively

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Nov 17

Terna (BIT:TRN) Has Affirmed Its Dividend Of €0.1192

Terna S.p.A. ( BIT:TRN ) will pay a dividend of €0.1192 on the 26th of November. This payment means that the dividend...
Analysis Article Oct 28

Terna S.p.A. (BIT:TRN) Shares Could Be 34% Above Their Intrinsic Value Estimate

Key Insights The projected fair value for Terna is €6.69 based on Dividend Discount Model Terna is estimated to be 34...
Analysis Article Sep 25

Slowing Rates Of Return At Terna (BIT:TRN) Leave Little Room For Excitement

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...
Analysis Article Sep 02

We Think Terna (BIT:TRN) Is Taking Some Risk With Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Aug 01

Terna S.p.A. (BIT:TRN) Just Released Its Interim Results And Analysts Are Updating Their Estimates

As you might know, Terna S.p.A. ( BIT:TRN ) recently reported its half-year numbers. It was an okay report, and...
Analysis Article Jul 19

Is Terna S.p.A. (BIT:TRN) Worth €8.5 Based On Its Intrinsic Value?

Key Insights Using the Dividend Discount Model, Terna fair value estimate is €6.88 Current share price of €8.51...
User avatar
New Narrative Nov 08

New Incentive Schemes And Renewables Expansion Power Up Future Profitability

Transitioning to an output-based incentive framework and expanding renewable integration are expected to drive significant long-term revenue and EBITDA growth.

CEO

Pasqualino Monti (52 yo)

less than a year
Tenure

Mr. Pasqualino Monti is Chief Executive Officer, General Manager & Director of Terna S.p.A. from May 12, 2026. Mr. Monti served as CEO & Director of ENAV S.p.A until 2026. Holder of a degree in Statistical...


Leadership Team

NamePositionTenureCompensationOwnership
Pasqualino Monti
CEO, GM & Directorless than a yearno datano data
Francesco Beccali
Chief Financial Officer2.8yrsno datano data
Stefano Gamberini
Head of Investor Relations1.7yrsno datano data
Daniele Amati
Executive Vice President of People2.5yrsno datano data
Francesco Del Pizzo
Executive Vice President of Grid Development Strategies & Dispatchingno datano datano data
Pier Zanuzzi
Executive Vice President of National Transmission Gridno datano datano data
Giacomo Donnini
Executive Vice President of Major Projects & International Development6.4yrsno datano data
Luca Marchisio
Head of Strategy7.9yrsno datano data
Nicoletta Buonomo
Executive Vice President of Internal Auditno datano datano data
Massimiliano Garri
Executive Vice President of Innovation & Market Solutions5.9yrsno datano data
David Massey
Executive Vice President of External Relations & Institutional Affairs2.8yrsno datano data
Francesco Salerni
Executive Vice President of the Industrial Program Management Office3yrsno datano data
2.8yrs
Average Tenure
57yo
Average Age

Experienced Management: TRN's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Pasqualino Monti
CEO, GM & Directorless than a yearno datano data
Anna Svelto
Independent Director3.4yrs€125.20kno data
Jean-Michel Aubertin
Independent Director6.1yrs€115.19kno data
Mario Busso
Chairman of the Board of Statutory Auditorsno data€55.09kno data
Leopoldo Attolico
Directorless than a yearno datano data
Qinjing Shen
Non-Executive Non-Independent Director4.4yrs€75.12kno data
Gian Gregori
Independent Director3.1yrs€119.62kno data
Silvia Tossini
Directorless than a yearno datano data
Stefano Cuzzilla
Chairmanless than a yearno datano data
Paolo Damilano
Directorless than a year€35.37kno data
Anna Lorusso
Directorless than a yearno datano data
Antonella Faggi
Directorless than a yearno datano data
0.08yrs
Average Tenure
59.5yo
Average Age

Experienced Board: TRN's board of directors are not considered experienced ( 0.1 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/18 17:44
End of Day Share Price 2026/06/18 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

Terna S.p.A. is covered by 35 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Francesco SalaBanca Akros S.p.A. (ESN)
Tommaso MarabiniBanca Akros S.p.A. (ESN)
Virginia Sanz de Madrid GrossBanco Santander