eVISO SpA, the Utilities sector company, was revisited by a Wall Street analyst on September 19. Analyst Michele Mombelli from TP ICAP MIDCAP maintained a Buy rating on the stock and has a €14.00 price target.
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Michele Mombelli has given his Buy rating due to a combination of factors including the significant growth in eVISO SpA’s gas segment. The company reported a substantial increase in managed gas volumes, reaching 182 GWh in September 2025, which represents a 143% year-over-year growth. This surge is attributed to the expansion of their commercial network and effective cross-selling strategies targeting existing clients in the energy sector.
Mombelli also highlights the scalability of eVISO’s CORTEX GAS platform, which has seen an increase in the number of distributors and improved coverage across the national territory. The rise in accredited REMI stations has enhanced logistics efficiency and delivery capacity. These operational improvements, alongside the anticipation of a strong performance in the upcoming thermal year, bolster the visibility on the company’s EBITDA estimates for 2026. Additionally, the recent de-rating phase of multiples has enhanced the stock’s risk/reward profile, justifying the Buy recommendation with a target price of €14 per share.
In another report released on September 8, Intermonte also maintained a Buy rating on the stock with a €11.65 price target.