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Esprinet: Structural Demand Tailwinds and High-Value Segment Pivot Underpin Buy Rating

Esprinet: Structural Demand Tailwinds and High-Value Segment Pivot Underpin Buy Rating

Analyst Gabriele Berti of Intesa Sanpaolo maintained a Buy rating on Esprinet Spa, with a price target of €6.70.

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Gabriele Berti has given his Buy rating due to a combination of factors linked to both operating performance and strategic positioning. Esprinet’s 2025 results largely matched his projections, with solid double-digit growth in Spain and Portugal offsetting a more mature but stabilising Italian market, while the ongoing PC refresh and AI-ready devices provide a structural demand tailwind.

He also underlines the successful pivot towards higher value-added segments such as V-Valley, AI, Cybersecurity and energy solutions via Zeliatech, which are outpacing the broader market and enhancing the business mix. In addition, the upcoming CEO transition is viewed as smooth and continuity-driven, given the new CEO’s long tenure and alignment with the current strategy, supporting confidence in execution and justifying the confirmation of his positive stance on the stock.

Berti covers the Technology sector, focusing on stocks such as Sesa S.p.A., Esprinet Spa, and WIIT SpA. According to TipRanks, Berti has an average return of 0.0% and a 38.89% success rate on recommended stocks.

In another report released today, Intermonte also maintained a Buy rating on the stock with a €7.00 price target.

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