Saipem SpA Price & Performance (SAPMF)

Analysts have upgraded Saipem to a 'buy' rating, citing robust first-quarter results and improved operational metrics. The company reported a 15% rise in revenue and a 34% increase in adjusted EBITDA, with a strong backlog supporting its 2025 outlook. Risks remain, but prospects in offshore activities remain favorable.12

Saipem’s stock surged 3.81% on Friday, continuing a recent uptrend, yet technical indicators suggest high risk and potential for a near-term correction. Despite recent gains, analysts highlight the stock’s overbought status and warn of significant volatility, recommending close monitoring for traders and investors.34

Despite a 34% rebound in Saipem’s share price over the past month and strong recent earnings, the company’s price-to-earnings ratio remains below peers. Analysts project 24% annual growth over the next three years, but lingering doubts about sustained performance keep investor enthusiasm in check.45