Terna S.p.A. (FRA:UEI)
| Market Cap | 19.38B +9.5% |
| Revenue (ttm) | 4.10B +10.6% |
| Net Income | 1.06B +4.1% |
| EPS | 0.53 |
| Shares Out | n/a |
| PE Ratio | 18.21 |
| Forward PE | 17.48 |
| Dividend | 0.40 (4.06%) |
| Ex-Dividend Date | Jun 22, 2026 |
| Volume | n/a |
| Open | 9.56 |
| Previous Close | 9.67 |
| Day's Range | 9.56 - 9.75 |
| 52-Week Range | 8.22 - 10.38 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | May 7, 2026 |
About Terna
Terna S.p.A., together with its subsidiaries, provides electricity transmission and dispatching services in Italy, other Euro-area countries, and internationally. It operates through Regulated, Non-Regulated, and International segments. The company is involved in the design, construction, management, development, operation, and maintenance of national transmission grid; dispatching and metering; and construction of storage systems. It also supplies transformers and cables; provides energy and connectivity services; and installs and operates int... [Read more]
Financial Performance
In 2025, Terna's revenue was 4.01 billion, an increase of 9.55% compared to the previous year's 3.66 billion. Earnings were 1.06 billion, an increase of 0.08%.
Financial StatementsNews
Terna Earnings Call Transcript: Q1 2026
Q1 2026 saw 10 grid projects authorized, strong revenue and EBITDA growth, and robust ESG achievements. CapEx was down due to timing, but guidance for 2026 is confirmed. Net debt fell, and renewables and storage pipelines expanded.
Terna Earnings release: Q1 2026
Terna released its Q1 2026 earnings on May 7, 2026, summarizing the period's financial results.
Terna Slides: Q1 2026
Terna has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 7, 2026.
Terna Quarterly report: Q1 2026
Terna has published its Q1 2026 quarterly earnings report on May 7, 2026.
Terna price target raised to EUR 10.50 from EUR 10 at Deutsche Bank
Deutsche Bank raised the firm’s price target on Terna (TEZNY) to EUR 10.50 from EUR 10 and keeps a Buy rating on the shares.
Terna Earnings Call Transcript: Q4 2025
2025 saw strong financial and operational results, with revenues up 10%, EBITDA up 7%, and accelerated investments supporting grid modernization and renewables integration. Outlook for 2026 remains positive, with continued growth and robust financial discipline.
Terna Earnings release: Q4 2025
Terna released its Q4 2025 earnings on March 26, 2026, summarizing the period's financial results.
Terna Slides: Q4 2025
Terna has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on March 26, 2026.
Terna Annual report: Q4 2025
Terna has published its Q4 2025 annual report on March 26, 2026.
Terna downgraded to Sector Perform from Outperform at RBC Capital
RBC Capital analyst Fernando Garcia downgraded Terna (TEZNY) to Sector Perform from Outperform with a price target of EUR 10, up from EUR 9.60. The firm views the stock’s valuation…
Terna price target raised to EUR 9.80 from EUR 8.50 at Citi
Citi raised the firm’s price target on Terna (TEZNY) to EUR 9.80 from EUR 8.50 and keeps a Neutral rating on the shares.
Terna price target lowered to EUR 8.15 from EUR 8.20 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on Terna (TEZNY) to EUR 8.15 from EUR 8.20 and keeps an Underweight rating on the shares.
Terna price target raised to EUR 9 from EUR 8 at Berenberg
Berenberg raised the firm’s price target on Terna (TEZNY) to EUR 9 from EUR 8 and keeps a Hold rating on the shares.
Terna Earnings Call Transcript: Q3 2025
Revenues and EBITDA grew 9% and 7% year-over-year, with record CapEx and strong progress in grid development and renewables integration. Full-year 2025 guidance is confirmed, supported by robust financing and a stable regulatory environment.
Terna Earnings release: Q3 2025
Terna released its Q3 2025 earnings on November 13, 2025, summarizing the period's financial results.
Terna Slides: Q3 2025
Terna has posted slides in relation to its Q3 2025 quarterly earnings report, which was published on November 13, 2025.
Terna upgraded to Outperform from Sector Perform at RBC Capital
RBC Capital upgraded Terna (TEZNY) to Outperform from Sector Perform with a price target of EUR 9.60, up from EUR 8.60. The firm believes the stock’s underperformance relative to Terna’s…
Terna Earnings Call Transcript: Q2 2025
Strong H1 2025 results with 8% growth in revenue, EBITDA, and net income, record CapEx, and robust financing for major grid projects. Renewables and digitalization drive growth, while guidance for 2025 is confirmed.
Terna Earnings release: Q2 2025
Terna released its Q2 2025 earnings on July 29, 2025, summarizing the period's financial results.
Terna Slides: Q2 2025
Terna has posted slides in relation to its Q2 2025 quarterly earnings report, which was published on July 29, 2025.
Terna price target raised to EUR 8.95 from EUR 8.40 at UBS
UBS raised the firm’s price target on Terna (TEZNY) to EUR 8.95 from EUR 8.40 and keeps a Neutral rating on the shares. While earnings and dividend growth look “compelling,”…
Terna upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank upgraded Terna (TEZNY) to Buy from Hold with a price target of EUR 9.60, up from EUR 8.50. The firm feels confident in consensus earnings expectations for the…
Terna price target raised to EUR 9.25 from EUR 7.85 at JPMorgan
JPMorgan raised the firm’s price target on Terna (TEZNY) to EUR 9.25 from EUR 7.85 and keeps a Neutral rating on the shares.
Terna price target raised to EUR 8.20 from EUR 8 at Morgan Stanley
Morgan Stanley analyst Sarah Lester raised the firm’s price target on Terna (TEZNY) to EUR 8.20 from EUR 8 and keeps an Underweight rating on the shares. Published first on…
Terna Earnings Call Transcript: Q1 2025
Q1 2025 saw 5% revenue and 4% EBITDA growth, with net income up 3% and CapEx surging 16%. Ratings were upgraded, green financing expanded, and grid investments accelerated, supporting the energy transition and confirming all guidance targets.