Prysmian Daily News Update

As of January 26, today’s news sees analyst assessments of Prysmian and rising political pressure on the US Federal Reserve. In particular, Prysmian has garnered attention as it continues to strengthen its portfolio with strategic acquisitions. Specifically, Intesa Sanpaolo has reaffirmed its "buy" recommendation for Prysmian, maintaining a target price of 99.5 euros, following the group's acquisi...

As of January 23, today’s news is dominated by Prysmian's significant acquisition in the submarine cable sector and continued commitments by European governments towards renewable energy expansion amidst external criticisms. Prysmian will acquire ACSM, a Spain-based leader in solutions for submarine cable installation, including subsea surveying, route planning and seabed preparation activities wi...

As of January 22, today’s news features easing geopolitical tensions in Europe and a notable executive shift in the cables sector. European stocks rose for the first time in five sessions, after Donald Trump dropped his threat of new Greenland-linked tariffs, lifting trade-exposed names. Prysmian stood out among industrials, jumping around 3% to a record closing level, alongside gains in Siemens a...

As of January 21, today’s news sees Prysmian’s positive assessment from Barclays, along with relevant developments in energy production and geopolitical maneuvering. Prysmian captured attention as Barclays upgraded its target price to 112 euros from 102 euros, reaffirming its overweight rating. Analysts noted Prysmian’s strong positioning within the cable sector, spotlighting its robust presence i...

As of January 20, today’s news features geopolitical developments and market reactions, particularly surrounding energy and technology sectors. US President Donald Trump has reiterated his aggressive stance regarding Greenland, emphasizing that there is “no going back” on his ambition to control the territory. This raises concerns over NATO unity and could potentially reignite tensions in US-Europ...

As of January 19, today’s news is dominated by President Trump’s renewed tariff threats against several European nations over his contentious Greenland proposal, reigniting fears of a transatlantic trade conflict. In a provocative move, Trump announced plans to impose new tariffs on goods from EU countries, including Denmark, Sweden, France, Germany, the Netherlands, Finland, the UK, and Norway, w...

As of January 16, today's news sees developments in infrastructure investments, energy markets, and trade negotiations globally. Canada and China have reached a preliminary agreement to reduce tariffs on electric vehicles and canola, marking a significant step towards revitalizing diplomatic relations. Meanwhile, Germany's budget committee has approved a plan to acquire a 25.1% minority stake in T...

As of January 15, today's news is dominated by positive developments for Prysmian, reflecting strong analyst sentiments and expectations for continued growth within the electrification market. Prysmian shares have reached an all-time high, closing at 93.60 euros, and exhibiting a substantial gain of 4.86% during trading. The surge follows a pre-earnings call where executives expressed confidence i...

As of January 14, today’s news features significant updates on Prysmian's performance in the stock market and developments in the offshore wind sector in the UK. Prysmian shares rose after a pre-close fourth-quarter conference call with analysts, during which management expressed confidence about meeting its targets. The stock gained 3.2% to 89.1 euros. Jefferies reiterated its buy rating on the s...

As of January 13, today’s news sees central banking tensions in the United States and developments in offshore wind projects. There is growing concern regarding the implications of recent actions by the Trump administration, particularly its efforts to undermine the independence of the Federal Reserve. A criminal inquiry targeting Fed Chair Jerome Powell has led to a rally of support from global c...

As of January 12, today’s news highlights significant developments surrounding the Federal Reserve, U.S.-China relations, and the latest advancements in energy and technology sectors. The most notable highlight involves mounting pressure from President Donald Trump's administration on the Federal Reserve, targeting Chair Jerome Powell with threats of criminal indictment. This escalates an ongoing...

As of January 9, today’s news features the EU’s push on global trade agreements and renewed M&A activity in the mining industry. European Union countries backed a trade deal with the so-called Mercosur bloc of countries in South America, paving the way for the EU to sign its largest free-trade agreement next week. EU ambassadors supported the deal at a meeting in Brussels today, despite the opposi...

As of January 8, today’s news is dominated by the potential implications of the U.S. Supreme Court's deliberations on President Trump's emergency tariff powers and the resulting market risks. The Supreme Court is poised to rule on whether Trump can legally impose tariffs through the International Emergency Economic Powers Act, with a decision expected soon, as reported by Reuters. Analysts warn th...

As of January 7, today’s news sees an analysis by Citywire on Prysmian’s positioning within the AI-driven infrastructure boom and renewed pressure on the UK’s energy transition. Citywire analysed Prysmian as an indirect beneficiary of the AI boom, highlighting its growing role in power grids and data-centre infrastructure. Drawing on insights from top-performing institutional investors, Citywire h...

As of December 23, today’s news sees tighter European Union rules on plastic imports and fresh signals on the strength and potential slowdown of U.S. economic growth. The European Union will introduce stricter rules for imports of plastics, the European Commission said today, as it attempts to help European recycling plants that are struggling to compete with cheaper imports. Europe's plastics-rec...

As of December 22, today’s news is dominated by Prysmian’s strategic partnership with Eni's Versalis, alongside significant developments in the industrial and energy sectors. Prysmian and Versalis, Eni’s chemical company, have signed a strategic partnership to give new life to plastic cable scrap, through an innovative chemical recycling process, developing a dedicated supply chain, the company sa...

As of December 19, today’s news sees relevant developments in copper pricing and the artificial intelligence sector. Copper prices exhibited a notable increase today, buoyed by investor speculation surrounding potential U.S. interest rate cuts following slower consumer inflation reports. The most active copper contract on the Shanghai Futures Exchange appreciated by 0.46%, although it concluded th...

As of December 18, today’s news includes a corporate initiative by Prysmian aimed at celebrating its deep-rooted connection with the Milanese district of Bicocca through a series of symbolic holiday installations, and critical discussions among EU leaders regarding Ukraine. Prysmian has decided to mark the upcoming holiday season by underlining its historic links with Milan’s Bicocca district. Pry...

Leadership Talks – a Prysmian podcast created to share insights and discuss the latest news with our leadership team. In this episode, Massimo Battaini, Prysmian CEO offers a recap of the past year, reflecting on key achievements and challenges.

As of December 17, today’s news sees developments in inflation trends in the UK and strategic moves by major corporations in the tech and energy sectors. British inflation fell much more sharply than forecast in November to 3.2%, its lowest since March, from 3.6% in October, official data showed today, cementing market expectations that the Bank of England will cut interest rates on Thursday. Mean...

As of December 16, today’s news highlights contrasting moves in European equities, with analyst upgrades supporting Prysmian while defense stocks come under pressure amid geopolitical developments. UBS has reaffirmed its Buy rating on Prysmian and raised its target price to 105 euros. The bank emphasized Prysmian's strong anticipated growth in EBIT until 2027-28 within the electrification sector a...

As of December 15, today’s news features developments surrounding Prysmian, particularly positive financial analyst evaluations, alongside significant market activities and geopolitical updates. Prysmian stock has received a boost with Jefferies raising its target price from 102 euros to 104 euros, reaffirming a "buy" rating as shares increased by 2.6% to 84.86 euros. Analysts emphasize a promisin...

As of December 12, today’s news features potential shifts in commodity pricing due to regulatory changes in the EU, and developments in energy infrastructure, particularly National Grid's new control centre funding. Imports of aluminium, cement and other commodities into the European Union could face higher costs than previously expected for CO2 emissions next year under draft EU plans to tighten...

As of December 11, today’s news sees downturn in Prysmian's share price following Oracle's disappointing earnings report, which rekindled fears of an AI investment bubble and impacted numerous technology stocks. Prysmian experienced a drop of 2.8%, closing at 83.92 euros, as Oracle reported weak quarterly results that sent shockwaves through the tech sector. The company's increased capital expendi...

As of December 10, today’s news sees developments in energy infrastructure, the AI sector's reliance on data centers, and international geopolitical tensions. Prysmian has emerged positively on the stock market today, witnessing an increase of 2.4% amidst a generally negative backdrop in Milan, where the overall market was down by 0.3%. Meanwhile, U.S. President Donald Trump's freeze on approvals...