Prysmian in the spotlight on expectations of a solid start to 2026

(Il Sole 24 Ore Radiocor) - The first indications on Prysmian's quarterly results trigger buying. The company's management held a pre-close call on its first-quarter results, which will be approved on 29 April and released on 30 April, before the markets open, and described a solid start to 2026.

"Management confirmed strong operating trends in all divisions," Intermonte analysts wrote, "taking into account the seasonality of the first quarter of the year, with weaker volumes. Indications point to a quarterly 'in line or slightly above budget'. The company's business, says Intermonte, which has a neutral rating on the stock with a target price of €94, 'appears resilient in the current context of macro and geopolitical uncertainty'. Analysts identify a 'possible upside on Digital Solutions margins due to the demand for datacentres and military'. Equita, which has a hold rating on the stock with a target price of 104 euros, also expects "a solid start to the year, supported by strong demand in end markets, particularly from data centres in the US, and with a limited impact from the geopolitical context". Overall, Equita expects organic revenue growth of 5.4% with adjusted ebitda at 620 mln (+18%). "Overall," the analysts concluded, "if confirmed, the Q1 results highlight a solid performance of the underlying businesses, with resilient margins and robust demand across all divisions, despite a more complex geopolitical environment.