Prysmian Daily News Update

As of November 4, today’s news features a renewed focus on Prysmian following fresh analyst upgrades, alongside growing investor caution over stretched global equity valuations. Intesa Sanpaolo raised its price target on Prysmian to 99.5 euros from 99 euros, reiterating a Buy rating. Analysts described the cable maker’s quarterly results as “solid” and said they have updated their estimates accord...

As of November 3, today’s news sees moves in the energy and infrastructure sectors, led by Goldman’s upgrade on Prysmian and Eaton’s latest multibillion-dollar acquisition in the data center space. Goldman Sachs raised its price target on Prysmian to 102 euros from 99, reaffirming a Buy rating. The bank also added Prysmian to its European Conviction List. Meanwhile, Eaton will acquire Boyd Corpora...

As of October 31, today’s news is dominated by a series of positive analyst revisions on Prysmian, reflecting growing confidence in the group’s U.S. momentum and exposure to the data center boom. HSBC raised its price target on Prysmian to 105 euros from 100 euros, reaffirming a Buy rating. The bank said the cable maker is set to benefit from U.S. tariff measures through market share gains, while...

As of October 30, today’s news is dominated by Prysmian’s record-breaking third-quarter results, which highlight the group’s strong performance and sustained growth momentum in 2025. Prysmian posted the strongest quarter in its history, with organic growth up 9.2%, margins at 14.8%, and adjusted EBITDA rising 19.3% year-on-year to 644 million euros, confirming the group’s positive momentum. Prysmi...

As of October 29, today’s news highlights relevant developments in the copper market, US-China trade relations, and the future of energy generation in the United States. U.S. nuclear power generation is set to rise, analysts at Wood Mackenzie said, as surging demand driven by data centers strains grids across the country and a wave of tech companies sign deals to source power from the zero-carbon...

As of October 28, today's news sees Iberdrola's positive financial outlook along with significant developments in international energy partnerships and market fluctuations. Spanish utility Iberdrola today raised its full-year adjusted net profit guidance to more than 6.6 billion euros and forecast double-digit growth. Europe's biggest utility by market value had previously forecast mid to high sin...

As of October 27, today’s news features volatility in the energy sector, particularly surrounding rare earth materials and a major administrative filing by Petrofac following a key contract loss. Shares of U.S.-listed rare earth miners slumped before the bell today after Washington and Beijing reached a framework for a trade deal that could pause planned U.S. tariffs and Chinese export controls on...

As of October 24, today’s news sees the impact of France’s political crisis on the offshore wind industry and weaker earnings in the metals sector. Offshore wind developers and equipment suppliers are bracing for a slowdown in business in France where a political crisis has stalled changes to the country's energy framework and government tenders, Reuters said. The threat of a further hit to France...

As of October 23, today’s news highlights Europe’s growing caution toward Chinese participation in the offshore wind sector and renewed debate on the true winners of the AI investment boom. European governments seeking to expand offshore wind power are increasingly wary of Chinese companies’ involvement. Countering China’s dominance will be time-consuming and expensive, but political pressure and...

As of October 22, today’s news is dominated by Prysmian CEO Massimo Battaini’s interview with The Wall Street Journal, where he discussed the company’s strategic response to global trade tensions and shifts in commodity markets. Interviewed by The Wall Street Journal, Prysmian CEO Massimo Battaini said the company has increased its use of recycled copper in the U.S. to about 60%, up from 10-15% be...

As of October 21, today’s news sees Italy’s growing industrial presence in Brazil - featuring major players such as Prysmian - and the outcome of Germany’s investigation into recent power market volatility. A new survey by the Italian Embassy in Brasília counts 1,104 Italian companies in Brazil, mostly based in the south and southeast. Presented in Milan during the Italy–Brazil Week, the “2025 Bus...

As of October 20, today's news features updates on Prysmian’s third-quarter consensus, developments in copper demand and geopolitical tensions affecting trade. Prysmian is expected to report higher revenue and adjusted EBITDA in the third quarter, according to a company-compiled consensus of 17 brokers. Specifically, revenue is projected to rise to 4.864 billion euros, up from 4.543 billion euros...

As of October 17, today’s news features relevant developments in renewable energy projects and the shifting landscape of power generation across continents. Rio Tinto has stockpiled 2 million metric tons of high-grade iron ore at its Simandou project in Guinea for a mid-November shipment, three sources told Reuters, which would be the first from the mega-mine set to reshape global supplies and pri...

As of October 16, today’s news sees Prysmian Chairman remarks on Europe’s energy interconnection strategy and broader geopolitical developments affecting global industrial markets. At the “Green & Net Zero Talk – Interconnected Energy” event, Prysmian Chairman Francesco Gori said the 4 billion dollars Encore Wire acquisition strengthens the group’s U.S. electrification business, unaffected by rene...

As of October 15, today's news highlights Prysmian’s strong outlook, major AI-driven investments by BlackRock, and Stellantis’ 13 billion dollar U.S. expansion plan. According to Bloomberg Intelligence, the current US tariff scenario - with 50% duty on copper wires and an exemption for raw-copper imports - is a competitive advantage for Prysmian's US-skewed production footprint, notably for the lo...

As of October 14, today’s news features relevant developments in the cable and materials industry, highlighted by behind-the-scenes details of the leadership shake-up at Nexans and broader market movements affecting copper and other metals. According to Le Figaro, unnamed sources said that Nexans CEO Christopher Guérin was ousted after losing the confidence of the board and key shareholders. Unnam...

As of October 13, today's news is dominated by unexpected leadership changes at Nexans and the implications for the cable industry, alongside broader market movements and geopolitical developments. Nexans has appointed Julien Hueber as the new CEO, effective immediately, following the abrupt resignation of Christopher Guerin. This leadership shift has unsettled the market, with shares plummeting b...

As of October 10, today’s news features Prysmian’s strong market performance and strategic outlook highlighted in an interview with its Chief Strategy Officer, alongside key statements from European policymakers on financial stability and market integration. Maria Cristina Bifulco, Chief Strategy Officer at Prysmian, told Class CNBC that the company’s recent share performance reflects its solid fu...

As of October 9, today’s news features significant developments in the automotive and renewable energy sectors, alongside market shifts in commodities like copper. Orsted, the world's biggest offshore wind farm developer, will cut about 2,000 jobs by the end of 2027, a quarter of its workforce, and will focus more on Europe after setbacks in the U.S. Orsted expanded rapidly over the past decade, b...

As of October 8, today’s news sees strong market momentum for Prysmian, driven by analyst upgrades and record-high share performance. UBS raised the target on Prysmian to 105 euros from 85 euros, maintains “buy” rating. Analysts upgraded their forecasts for the second time in two months. UBS highlighted that Prysmian stands to benefit from U.S. tariffs, has solid exposure to the AI and data center...

As of October 7, today's news features positive analyst outlooks for Prysmian and relevant developments in the copper and renewable energy sectors. Intesa Sanpaolo has raised its target price on Prysmian from 82.2 euros to 99 euros, while reiterating its buy rating. Analysts continue to view Prysmian as “an attractive investment opportunity in the sector,” expecting the group to gain further earni...

As of October 6, today’s news sees Prysmian’s continued rally and focus on copper market dynamics, alongside geopolitical tensions in France. Prysmian extended its positive momentum, closing up 1.68% at 88.46 euros and marking a new 52-week high. The stock continues to attract upbeat analyst sentiment following a series of target price upgrades last week. Citi reaffirmed its buy rating and 91 euro...

As of October 3, today’s news is dominated by rising analyst confidence in Prysmian, alongside developments in the commodities market and broader geopolitical issues. Several major banks have raised their target prices on Prysmian. JP Morgan lifted its target from 87 euros to 94 euros, Deutsche Bank from 85 euros to 97 euros, Jefferies from 84 euros to 102 euros, and HSBC from 87 euros to 100 euro...

As of October 2, today’s news highlights Prysmian’s market rally and statements of Prysmian’s EVP Transmission at the Italian Energy Summit, alongside early talks between China and Malaysia on rare earth processing. Prysmian hit a new 52-week high at 87.24 euros per share. The stock closed up 4.46%, ranking among the top gainers on Piazza Affari. Meanwhile, Raul Gil, EVP Transmission at Prysmian,...

As of October 1, today’s news is dominated by the statements of Prysmian’s CEO at the Italian Energy Summit, shifts in the energy market landscape and ongoing impacts from the U.S. government shutdown. Massimo Battaini spoke today at the Italian Energy Summit, highlighting the group’s robust growth strategy. He noted that the Transmission business has delivered strong organic expansion over the pa...