Saipem SpA (BIT:SPM)

Italy flag Italy · Delayed Price · Currency is EUR
4.202
-0.030 (-0.71%)
Jul 17, 2026, 5:35 PM CET
Market Cap8.15B +78.2%
Revenue (ttm)15.51B +3.3%
Net Income312.00M -4.3%
EPS0.16
Shares Out 1.94B
PE Ratio26.13
Forward PE17.20
Dividend0.17 (4.05%)
Ex-Dividend DateMay 18, 2026
Volume21,381,714
Open4.198
Previous Close4.232
Day's Range4.142 - 4.231
52-Week Range2.166 - 4.846
Beta1.55
AnalystsBuy
Price Target4.92 (+17.09%)
Earnings DateJul 27, 2026

About Saipem SpA

Saipem SpA provides energy and infrastructure solutions worldwide. It operates through Asset Based Services, Offshore Drilling, and Energy Carriers segments. The company offers development of subsea fields and pipelaying; installation and lifting of offshore structures; engages in engineering, implementation, installation, maintenance, modification, and decommissioning activities, as well as offshore engineering and construction, and wind activities. It is also involved in onshore engineering and construction, sustainable infrastructures, and r... [Read more]

Sector Energy
Founded 1957
Employees 30,000
Stock Exchange Borsa Italiana
Ticker Symbol SPM
Full Company Profile

Financial Performance

In 2025, Saipem SpA's revenue was 15.50 billion, an increase of 6.56% compared to the previous year's 14.55 billion. Earnings were 311.00 million, an increase of 1.63%.

Financial Statements

Analyst Summary

According to 18 analysts, the average rating for SPM stock is "Buy." The 12-month stock price target is €4.92, which is an increase of 17.09% from the latest price.

Price Target
€4.92
(17.09% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Saipem, Subsea 7 deal faces EU antitrust investigation, sources say

EU antitrust regulators are ​set to open ‌a full-scale investigation into Saipem's merger with ​Norwegian peer ​Subsea 7 because of ⁠competition concerns, people ​with direct knowledge ​of the matter ...

8 days ago - Reuters

Australia orders in-depth review of Exxon-opposed Subsea7-Saipem merger

An Australian watchdog said on Friday the proposed merger between energy contractors Subsea7 and Saipem ​will proceed to a Phase 2 review, citing ‌concerns that a deal could trim competition in domest...

16 days ago - Reuters

Saipem to sell Saudi shallow-water drilling business to ADES for $285 mln

Italian energy contractor Saipem has agreed to sell its shallow-water offshore drilling ​business in Saudi Arabia in a ‌deal worth $285 million, the company said on Wednesday.

24 days ago - Reuters

Brazil antitrust agency approves Subsea7-Saipem merger without restrictions

The ​general superintendence of Brazil's antitrust watchdog ‌CADE approved the proposed merger between energy contractors Subsea7 and Saipem without restrictions, a document ​seen by Reuters showed on...

25 days ago - Reuters

Energy services group Saipem well positioned to win Iran war repair contracts

Italy's Saipem can win contracts for post-Iran-war repair work in the ‌Middle East by leveraging its long-term relationships with customers in the region, the energy services group's chief executive s...

3 months ago - Reuters

Saipem SpA Earnings Call Transcript: Q1 2026

Q1 2026 saw stable revenue and strong EBITDA growth, with robust cash flow and a solid net cash position. Guidance for 2026 is confirmed, supported by resilient operations, a healthy order pipeline, and continued strength in the Middle East and Africa.

3 months ago - Transcripts

Saipem SpA Earnings release: Q1 2026

Saipem SpA released its Q1 2026 earnings on April 22, 2026, summarizing the period's financial results.

3 months ago - Filings

Saipem SpA Slides: Q1 2026

Saipem SpA has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 22, 2026.

3 months ago - Filings

Hormuz Is Still in Dire Straits. 2 Oil-Services Stocks That Could Benefit.

Iran has discovered that controlling the Strait of Hormuz “is probably a much more powerful deterrent than being a threshold nuclear power ever was.”

3 months ago - Barrons

Saipem says Deep Value Driller deal falls through

Italian energy servicer Saipem said on Wednesday it would not be able to complete the planned acquisition of the Deep Value Driller AS' drilling unit after the seller chose another buyer.

5 months ago - Reuters

Saipem poised to return in Venezuela after U.S. sanctions easing

Italian oil contractor Saipem is ready to resume activities in Venezuela after the easing of U.S. sanctions as it expects demand emerging from oil majors later this year, Chief Executive Alessandro Pu...

5 months ago - Reuters

Saipem SpA Earnings Call Transcript: Q4 2025

Q4 and full-year 2025 saw strong revenue and EBITDA growth, robust cash flow, and high order intake, with 2026 guidance supported by a record backlog and high fleet utilization. Offshore E&C remains a key growth driver, while legacy project risks are diminishing.

5 months ago - Transcripts

Saipem SpA Annual report: Q4 2025

Saipem SpA has published its Q4 2025 annual report on February 25, 2026.

5 months ago - Filings

Saipem SpA Earnings release: Q4 2025

Saipem SpA released its Q4 2025 earnings on February 25, 2026, summarizing the period's financial results.

5 months ago - Filings

Saipem SpA Slides: Q4 2025

Saipem SpA has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on February 25, 2026.

5 months ago - Filings

Saipem wins $425 million offshore contract for Turkey's largest gas field

Italian engineering group Saipem has won a $425 million contract to continue the development of Turkey's largest offshore natural gas field, it said on Wednesday.

7 months ago - Reuters

Italy's Saipem wins offshore contract in Qatar for about $4 billion

Italy's Saipem said on Sunday it had been awarded an offshore engineering, procurement, construction and installation (EPCI) contract by QatarEnergy LNG in partnership with China's Offshore Oil Engine...

7 months ago - Reuters

Oil majors unite to oppose Subsea7-Saipem merger in Brazil antitrust case

Oil majors operating in Brazil have closed ranks to oppose a proposed merger between energy contractors Subsea7 and Saipem, and antitrust agency Cade has asked the two firms to provide its probe with ...

8 months ago - Reuters

Saipem SpA Earnings Call Transcript: Q3 2025

Revenue and EBITDA grew strongly in Q3 and the first nine months of 2025, with robust cash flow and a high-quality backlog securing 2026 revenue. Offshore and asset-based services drove margin improvements, while order intake and commercial pipeline remain strong despite some client delays.

9 months ago - Transcripts

Saipem SpA Earnings release: Q3 2025

Saipem SpA released its Q3 2025 earnings on October 22, 2025, summarizing the period's financial results.

9 months ago - Filings

Saipem SpA Slides: Q3 2025

Saipem SpA has posted slides in relation to its Q3 2025 quarterly earnings report, which was published on October 22, 2025.

9 months ago - Filings

Saipem CEO does not see regulatory risks for merger with Subsea7

Saipem does not see regulatory risks for its planned merger with Norwegian rival Subsea7 , the CEO of the Italian energy contractor said on Wednesday, shrugging off concerns about potential hurdles in...

10 months ago - Reuters

UK competition watchdog to probe Subsea 7-Saipem merger

Britain's competition regulator said on Tuesday it has started a probe into the merger between Norway's Subsea 7 and Italy's Saipem for probable competition concerns in the energy services sector.

10 months ago - Reuters

Italy gives conditional green light to Saipem's merger with Norway's Subsea7, paper says

Italy's government has given a conditional green light to the merger between energy contractor Saipem and its Norwegian rival Subsea7 , financial newspaper MF reported on Tuesday.

10 months ago - Reuters

Italy's Saipem sees Mozambique LNG project restarting by end of summer

Italy's Saipem is confident that a $20-billion liquefied natural gas project in Mozambique for TotalEnergies will restart by the end of the summer, the CEO of the energy contractor said on Thursday.

1 year ago - Reuters