
E Stock Forecast & Price Target
E Analyst Ratings
Bulls say
Eni has demonstrated a strengthened balance sheet through strategic asset sales, enhancing its financial position beyond market expectations. The company’s significant production levels, with 0.8 million barrels of liquids and 4.8 billion cubic feet of natural gas per day in 2024, combined with reserves of 6.5 billion barrels of oil equivalent, position it favorably for future earnings growth. Additionally, the establishment of Plenitude to focus on renewable and low-carbon initiatives indicates Eni's commitment to diversifying its business and capitalizing on emerging market opportunities.
Bears say
Eni's outlook appears negative due to several fundamental factors, particularly the assumption that Brent crude prices may plummet to $40 per barrel by 2025, which would significantly impact revenue. Additionally, the company operates in a challenging environment where refining, chemicals, and marketing earnings are expected to weaken towards recession levels, mirroring performance from the 2008-2009 period. Finally, the global chemicals sector faces persistent margin pressures due to weak demand and increased competition, particularly in Europe, where Eni may struggle with higher operational costs compared to international rivals.
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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