Eni Stock Rises on JPMorgan's Maintained 'Overweight' Rating

Eni's stock price rose on September 4, 2026, as JPMorgan Chase & Co. maintained its 'Overweight' rating on the company. The bank kept a target of EUR 26.50 for Eni's shares, which implies an upside of around 13.5 percent.

The latest update from JPMorgan comes after Eni reported strong earnings in Q2 FY26, with revenue of USD 24.38 billion and net income of USD 3.32 billion. The company's profit margin stood at 13.62 percent, indicating its current operating strength.

Eni's business spans exploration and production, LNG and power, refining and chemicals, Enilive, and Plenitude, with a large workforce of 32,168 employees. The stock has already advanced 52.49 percent year-to-date on Yahoo Finance's performance view as of September 4, 2026.