In a report released yesterday, Davide Longo from TP ICAP MIDCAP maintained a Hold rating on eVISO SpA (6Z8 – Research Report), with a price target of €10.80.
Davide Longo’s rating is based on several factors that contribute to a balanced outlook for eVISO SpA. The company recently secured a significant contract with Consorzio Imperia Energia, which is expected to enhance its gross margin due to higher margins from direct sales compared to resellers. This contract, while positive, represents only a small portion of the company’s expected electricity volumes and total revenues for 2026, thus limiting its overall impact.
Moreover, the contract strengthens eVISO’s visibility on future revenues and expands its direct customer portfolio, which could have positive reputational effects for future business opportunities. However, the evolution of energy prices and the profitability of this new supply contract remain uncertain factors that need monitoring. Consequently, while the contract is a positive development, these uncertainties justify maintaining a Hold rating for eVISO SpA.
According to TipRanks, Longo is a 3-star analyst with an average return of 3.6% and a 48.91% success rate.