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Snam S.p.A. (SNMRF) Stock Price & Analysis

Snam S.p.A. (SNMRF) — price $6.22 (0.00%), as of the Oct 2, 2026 trading session; market cap $20.9B. Expected results Nov 11, 2026.

Educational signal · not a buy or sell recommendation · How to read this

$6.22 $0.00 (0.00%) Market Cap $20.9B

Snam S.p.A. · SNMRF · Utilities · Regulated Gas

Snam S.p.A., along with its subsidiaries, is primarily involved in managing and operating Italy's natural gas transportation and storage infrastructure.

Price as of Oct 2, 2026

Key Statistics

MoonshotScore is not published for this security.

Price & valuation

Dates shown where recorded
MeasureValueAs of
Latest provided price$6.22
Change on the day0.00%
52-week range$5.94 – $8.12
Market capitalisation$20.9B
Price / earnings (trailing)16.51
Shares traded on the day271
Beta (volatility vs the S&P 500)0.61
Dividends per share (last 12 months)$0.35
Dividend yield (last 12 months)5.60%

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Aug 29, 2025 to Oct 2, 2026: low $5.94, high $8.12, latest $6.22. 2 reported quarters marked. 1 other dated event marked. $8.12 $5.94 high $8.12 Nov 5, 2025 · Earnings results · no recorded estimate to compare · close $5.941May 6, 2026 · Earnings results · no recorded estimate to compare · close $8.122Jul 29, 2026 · Earnings call · management outlook · no recorded estimate to compare · close $7.353 Aug 29, 2025 Oct 2, 2026 · $6.22 $6.00Aug 29, 2025$6.09Sep 12, 2025$5.94Sep 26, 2025$5.94Oct 10, 2025$5.94Oct 24, 2025$5.94Nov 7, 2025$5.94Nov 21, 2025$7.01Dec 5, 2025$7.01Dec 19, 2025$7.01Jan 2, 2026$6.62Jan 16, 2026$6.49Jan 30, 2026$6.90Feb 13, 2026$6.90Feb 27, 2026$6.90Mar 13, 2026$7.37Mar 27, 2026$7.37Apr 10, 2026$8.12Apr 24, 2026$8.12May 8, 2026$7.75May 22, 2026$7.53Jun 5, 2026$7.15Jun 18, 2026$7.42Jul 2, 2026$7.35Jul 17, 2026$7.35Jul 31, 2026$6.58Aug 14, 2026$6.58Aug 28, 2026$6.22Sep 11, 2026$6.22Sep 25, 2026

Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results
  • · Earnings results
  • · Earnings call · management outlook

Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.

Upcoming events

As of

  1. Next results dueProvider estimate

Management outlook

  • As for the full year 2026, we expect the change in working capital to remain broadly stable at around EUR 600 million.

    Luca Passa · Statement from

  • Clearly, we will expect next year to understand whether there is additional need for additional capacity.

    Luca Passa · Statement from

Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.

Read management statements

Other perspectives

Council score for Snam S.p.A. (SNMRF): perspectives

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

9-Factor Breakdown

Revenue Growth Neutral
Gross Margin Strong
Operating Leverage Neutral
Cash Runway Strong
R&D Intensity Neutral
Insider Activity Moderate
Trading Liquidity Weak
Price Momentum Moderate
News Sentiment Neutral

Legends Council

6 lenses, 0 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated) Ray Dalio Favorable read
Griffin-style lens (simulated) Ken Griffin Favorable read
Simons-style lens (simulated) Jim Simons Neutral read
Englander-style lens (simulated) Izzy Englander Unfavorable read
Klarman-style lens (simulated) Seth Klarman Unfavorable read
Moon AI lens (model) Neutral read

Read on: Sep 10, 2026 · older than the 27 hours refresh window; not a current reading

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Weak
Margin of Safety Fairly Valued
Profit Margin Strong
Revenue Growth Neutral
Debt/Equity Negative
ROE Neutral
Gross Margin Strong

Read on: Sep 10, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

On Sep 10, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.

Readings on this page are from Oct 5, 2026, except a card that shows its own read date.

Watch the SNMRF film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is Snam S.p.A. (SNMRF), and what does it report?

Short answer · as of

Snam S.p.A., along with its subsidiaries, is primarily involved in managing and operating Italy's natural gas transportation and storage infrastructure. Snam S.p.A. (SNMRF) is classified as Utilities / Regulated Gas. SEC filing business address: 120 Broadway, 32ND Floor, NEW York, NY, 10271. It employs 4,008 people and is led by Agostino Scornajenchi. In Q2 FY2026 it reported revenue of $2.23B and net income of $726M. The market values it at $20.9B.

2 · Latest results

What do the latest results show for Snam S.p.A. (SNMRF)?

Short answer · as of

The most recent reported quarter, Q2 FY2026, carried revenue of $2.23B. Against analyst estimates the company has EPS beat 2 of 8 reports.

Did results meet expectations?

Reported earnings and revenue alongside the estimates recorded by the provider.

Latest report · revenue
$1.17B May 6, 2026
Latest report · revenue estimate
$1.19B May 6, 2026
Latest report · revenue vs estimate
Below estimate May 6, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
May 6, 2026$1.17B$1.19B$0.3171Not available
Nov 5, 2025$2.25B$2.23B$0.1295Not available
May 8, 2025$928.83M$1.10B$0.1967Not available
Mar 19, 2025$1.93B$1.90B$0.2043Not available

Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter (converted from EUR)
PeriodRevenueNet incomeEPS
Q2 FY2026$2.23B$726M$0.22 (diluted)
Q4 FY2025$1.12B$1.02B$0.30 (diluted)
Q2 FY2025$1.04B$413M$0.12 (diluted)
Q4 FY2024$1.01B$346M$0.10 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for Snam S.p.A. (SNMRF)?

Short answer

The distress and quality screens read Altman Z 0.95 · Piotroski F 4. Trailing ratios: ROE 13.1% · ROA 3.0% · current ratio 0.76 · earnings yield 6.2% · free-cash-flow yield 2.9%.

Data-derived red flags

  • Financial-distress signal — its Altman Z-Score of 0.95 sits in the distress zone (elevated bankruptcy risk).
  • Inconsistent delivery — missed Wall Street EPS estimates in 3 of the last 8 reported quarters.
4 · What to check next?

What should you watch next at Snam S.p.A. (SNMRF)?

Short answer · as of

The next earnings report is expected on Nov 11, 2026.

What management is planning

Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.

  1. As for the full year 2026, we expect the change in working capital to remain broadly stable at around EUR 600 million.

    Luca Passa ·

  2. Clearly, we will expect next year to understand whether there is additional need for additional capacity.

    Luca Passa ·

  3. In terms of financial expected for the full year, notwithstanding an higher average net debt for the full year and the new guidance on EUR 18.9 billion, we confirm our guidance for financial expenses of EUR 335 million for the full year, which is a combination of higher financial expenses on debt for EUR 30 million and higher financial expenses not from debt for about EUR 27 million.

    Luca Passa ·

What the records here don't tell us

  • Detailed statement figures are not shown because their conversion to USD has not been verified.
  • No insider Form 4 transaction falls inside the window this page reads.

Checked against the records this page reads, on the dates shown above.

What has been published about Snam S.p.A. (SNMRF)?

Read these with our analysis →

SNMRF Utilities Stock FAQ

These answers are editorial: 1 of these 8 answers is drawn from the SNMRF research dossier (written Mar 16, 2026 by gemini-2.0-flash); the other 7 are question templates that restate figures shown above. Figures in this section are not part of the source register.

Is SNMRF a good stock to buy?

Stock Expert AI does not rate SNMRF buy, sell or hold. Snam S.p.A. has no MoonshotScore yet; read the financial checkup, analyst consensus and risks directly. Whether it fits is your call: check what it sells, whether it earns and what the price assumes. This is educational content, not investment advice.

What is the SNMRF stock price today?

The last price recorded on this page for Snam S.p.A. (SNMRF) is $6.22, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

What does Snam S.p.A. do?

Snam S.p.A. is a leading European natural gas infrastructure company. It operates a vast network of pipelines for transporting natural gas across Italy, Austria, the United Arab Emirates, France, Greece, and the United Kingdom.

What are the key factors to evaluate for SNMRF?

Evaluate SNMRF on fundamentals, analyst consensus, and risk factors. P/E: 16.51x. The market for hydrogen transportation is expected to grow rapidly as hydrogen production scales up. Not financial advice.

How frequently does SNMRF data refresh on this page?

SNMRF's price is the last quote we recorded, from the Oct 2, 2026 trading session. Pages are served from a cache, so the copy you are reading can lag that quote. The quote is a provider snapshot, not an exchange feed. Fundamentals follow quarterly filings. V2 is recalculated from the most recent completed US trading session; the score's own date shows its last successful run.

What has driven SNMRF's recent stock price performance?

Snam S.p.A. (SNMRF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Extensive and strategically located gas infrastructure network. See the News tab for the latest drivers. Past performance does not predict future results.

Should investors consider SNMRF overvalued or undervalued right now?

Snam S.p.A. (SNMRF) trades at 16.51x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.

How do I research SNMRF before investing?

Before investing in Snam S.p.A. (SNMRF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources — records for every figure on this page (37 figures)

The 37 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 2 facts from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
prod.outlookManagement outlook — call excerptsLuca Passa (Jul 29, 2026): As for the full year 2026, we expect the change in working capital to remain broadly stable at around EUR 600 million. Luca Passa (Jul 29, 2026): Clearly, we will expect next year to understand whether there is additional need for additional capacity. Luca Passa (Jul 29, 2026): In terms of financial expected for the full year, notwithstanding an higher average net debt for the full year and the new guidance on EUR 18.9 billion, we confirm our guidance for financial expenses of EUR 335 million for the full year, which is a combination of higher financial expenses on debt for EUR 30 million and higher financial expenses not from debt for about EUR 27 million.OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.
id.hqSEC filing business address120 Broadway, 32ND Floor, NEW York, NY, 10271OFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "Via Vezza d'Oglio, 6, Milan, MI, 20139, IT".

FMP — 27 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
px.lastLatest provided price$6.22FMPFinancial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-05T00:24:40.774Z.
px.changeChange on the day0.00%FMPFinancial Modeling Prep (FMP) · quote
px.mcapMarket capitalisation$20.9BFMPFinancial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-02. FMP quote timestamp: 2026-10-02T20:00:00.000Z. Captured from FMP at 2026-10-05T00:24:39.804Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
earn.nextNext earnings dateNov 11, 2026FMPFinancial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it.
id.business_summaryBusiness description (FMP excerpt)Snam S.p.A., along with its subsidiaries, is primarily involved in managing and operating Italy's natural gas transportation and storage infrastructure.FMPFinancial Modeling Prep (FMP) company profile — Deterministic excerpt derived from id.description; source and date describe the input fact, not a new provider observation
px.change_absChange on the day, in dollars$0.00FMPFinancial Modeling Prep (FMP) · quote
px.pePrice / earnings (trailing)16.51FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day271FMPFinancial Modeling Prep (FMP) · quote
px.betaBeta0.61FMPFinancial Modeling Prep (FMP) company profile
id.sectorSector / industry (provider taxonomy)Utilities / Regulated GasFMPFinancial Modeling Prep (FMP) company profile
id.employeesEmployees4,008FMPFinancial Modeling Prep (FMP) company profile
id.ceoChief executiveAgostino ScornajenchiFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
fin.q_revenueRevenue, Q2 FY2026$2.23BFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
fin.q_incomeNet income, Q2 FY2026$726MFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
earn.history.depth.2026-05-06.revenue_actualRevenue · reported — report date 2026-05-06$1.17BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-06.revenue_estimatedRevenue · estimate — report date 2026-05-06$1.19BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-06.eps_actualEPS · reported — report date 2026-05-06$0.3171Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-05.revenue_actualRevenue · reported — report date 2025-11-05$2.25BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-05.revenue_estimatedRevenue · estimate — report date 2025-11-05$2.23BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-05.eps_actualEPS · reported — report date 2025-11-05$0.1295Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-05-08.revenue_actualRevenue · reported — report date 2025-05-08$928.83MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-05-08.revenue_estimatedRevenue · estimate — report date 2025-05-08$1.10BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-05-08.eps_actualEPS · reported — report date 2025-05-08$0.1967Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-03-19.revenue_actualRevenue · reported — report date 2025-03-19$1.93BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-03-19.revenue_estimatedRevenue · estimate — report date 2025-03-19$1.90BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-03-19.eps_actualEPS · reported — report date 2025-03-19$0.2043Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
fin.q_tableQuarterly income statement4 quarters through Q2 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed

UNRECORDED — 4 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
px.range5252-week range$5.94 – $8.12UNRECORDEDStored company-profile observation — Captured 2026-10-02
earn.historyReported versus estimated, recent quartersEPS beat 2 of 8UNRECORDEDStored earnings-history observation — Captured 2026-10-02 · Expired observation
fin.scoresDistress and quality screensAltman Z 0.95 · Piotroski F 4UNRECORDEDStored financial-scores observation — Captured 2026-10-03 · Expired observation
fin.ratiosReturn and yield ratios (trailing twelve months)ROE 13.1% · ROA 3.0% · current ratio 0.76 · earnings yield 6.2% · free-cash-flow yield 2.9%—UNRECORDEDStored key metrics — Date unknown

COMPUTED — 3 facts from our arithmetic, formula restated

COMPUTED facts used on this page
Fact IDFactValue as shownAs ofTierSource
div.ttm_per_shareDividends per share, last 12 months (split-adjusted)$0.35COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history — Sum of 2 split-adjusted declared dividends with an ex-date in the 365 days to 2026-09-30, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate.
div.ttm_yieldDividend yield, last 12 months5.60%COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate.
earn.history.depth.2026-05-06.revenue_actual.comparisonLatest report · revenue vs estimateBelow estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($1.17B) with the recorded estimate ($1.19B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.

OURS — 1 fact from Stock Expert AI's own score and rank

OURS facts used on this page
Fact IDFactValue as shownAs ofTierSource
gap.statement_currencyStatement currency limitationDetailed statement figures are not shown because their conversion to USD has not been verified.OURSStock Expert AI currency-basis check

Fact-family notes

  1. Earnings-history note. Source series as of 2026-05-06. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs: earn.history.depth.2026-05-06.revenue_actual, earn.history.depth.2026-05-06.revenue_estimated, earn.history.depth.2026-05-06.revenue_actual.comparison, earn.history.depth.2026-05-06.eps_actual, earn.history.depth.2025-11-05.revenue_actual, earn.history.depth.2025-11-05.revenue_estimated, earn.history.depth.2025-11-05.eps_actual, earn.history.depth.2025-05-08.revenue_actual, earn.history.depth.2025-05-08.revenue_estimated, earn.history.depth.2025-05-08.eps_actual, earn.history.depth.2025-03-19.revenue_actual, earn.history.depth.2025-03-19.revenue_estimated, earn.history.depth.2025-03-19.eps_actual.
Published
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Methodology · Editorial policy · Corrections
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.