
E Stock Forecast & Price Target
E Analyst Ratings
Bulls say
Eni's strong balance sheet, highlighted by improved gearing from asset sales, indicates a financial robustness that exceeds market expectations, providing a solid foundation for future earnings growth. The company’s production metrics, including a daily output of 0.8 million barrels of liquids and 4.8 billion cubic feet of natural gas, coupled with significant reserves of 6.5 billion barrels of oil equivalent, underscore its operational strength. Additionally, strategic initiatives such as the establishment of Plenitude for its renewable and low-carbon ventures position Eni favorably for sustainable growth moving forward.
Bears say
Eni's outlook is negatively impacted by a projected decline in oil prices, with a downside scenario anticipating Brent crude prices to fall to $40 per barrel by 2025. The company's downstream operations are also under threat, with expected weaker earnings in refining, chemicals, and marketing, reminiscent of recession-level performance witnessed during 2008-2009. Additionally, the global chemicals industry continues to struggle with margins well below historical norms, particularly in Europe, exacerbated by uncompetitive feedstock and high power prices.
This aggregate rating is based on analysts' research of Eni SpA Sponsored ADR and is not a guaranteed prediction by Public.com or investment advice.
E Analyst Forecast & Price Prediction
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