Somec S.p.A.: Strong Q1 Growth and Strategic Positioning Justify Buy Rating with €19 Target Price

Analyst Francesco Brilli of Intermonte maintained a Buy rating on Somec S.p.A. (SOM – Research Report), retaining the price target of €19.00.

Francesco Brilli has given his Buy rating due to a combination of factors that highlight Somec S.p.A.’s promising growth trajectory and strategic positioning. The company’s first-quarter revenue for 2025 showed a significant increase of 9.8% year-over-year, surpassing expectations and indicating a robust start to the year. This growth was particularly driven by the Mestieri division, which saw an impressive 53.4% increase, supported by strong project execution in both Europe and the US.
Moreover, Somec’s strategic diversification and cross-selling efforts have been validated by securing €63 million in orders across different divisions in 2025. The management’s focus on enhancing profitability and maintaining control over the net financial position is expected to yield positive results, with profitability anticipated to improve further. The company’s proven management team, leadership in core businesses, and cash generation capabilities are key investment highlights, and the recent contract announcements bolster confidence in its growth potential. These factors collectively underpin Brilli’s Buy rating, with a target price set at €19, reflecting the company’s ability to capitalize on growth opportunities and deliver value to shareholders.