Piaggio & C. SpA Stock Forecast

Stock Price Forecast

According to 8 analysts polled by S&P Global, Piaggio & C. SpA stock has a consensus rating of "Buy" and an average price target of €2.06. The average 1-year stock price forecast is 20.33% higher than the current stock price, while the lowest is €1.56 (-8.88%) and the highest is €3.00 (+75.23%).

Price Target: €2.06 (+20.33%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	€1.56	€2.06	€1.95	€3.00
Change	-8.88%	+20.33%	+13.90%	+75.23%

* Price targets were last updated on May 8, 2026.

Analyst Ratings

The average analyst rating for Piaggio & C. SpA stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	3	3	3	3	3	3
Buy	1	1	1	1	1	1
Hold	3	3	3	3	3	3
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	8	8	8	8	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Anna Frontani Berenberg Bank	Berenberg Bank	Buy Maintains €2.50	Buy	Maintains	€2.50	+46.03%	May 8, 2026
Niccolo Guido Storer Kepler Capital	Kepler Capital	Hold Maintains €1.78	Hold	Maintains	€1.78	+3.97%	Mar 6, 2026

Financial Forecast

Revenue This Year

1.58B

from 1.50B

5.40%

from 1.50B

Revenue Next Year

1.65B

from 1.58B

4.10%

from 1.58B

EPS This Year

0.14

from 0.10

43.66%

from 0.10

EPS Next Year

0.17

from 0.14

26.52%

from 0.14

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.67B	2.09B	1.99B	1.70B	1.50B	1.58B
Revenue Growth	27.02%	25.10%	-4.91%	-14.29%	-11.72%	5.40%
Gross Profit	416.84M	500.28M	509.65M	438.50M	398.62M	482.80M
Gross Margin	24.98%	23.97%	25.67%	25.77%	26.54%	30.50%
Operating Income	113.70M	160.54M	181.68M	146.92M	102.60M	120.46M
Net Income	60.05M	84.89M	91.05M	67.23M	34.01M	47.65M
EPS	-	-	-	-	0.10	0.14
EPS Growth	-	-	-	-	-49.47%	43.66%
Forward PE	13.51	11.91	10.65	9.79	12.22	12.41
Dividend / Share	0.15	0.19	0.21	0.16	0.04	0.08
Dividend Growth	-	23.33%	10.81%	-24.39%	-74.19%	97.58%
Free Cash Flow	74.03M	96.63M	15.39M	-30.92M	-863.75K	80.77M
FFO	-	-	-	-	-	186.00M
No. Analysts	-	-	-	-	-	7

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is EUR.

Revenue Forecast

Revenue	2026	2027	2028
High	1.6B
Avg	1.6B
Low	1.6B

Revenue Growth

Revenue Growth	2026	2027	2028
High	7.0%
Avg	5.4%
Low	4.1%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	0.14
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	43.7%
Low	-