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Terna - Rete Elettrica Nazionale Società per Azioni (TEZNY) Stock Price & Analysis

Terna - Rete Elettrica Nazionale Società per Azioni (TEZNY) — price $30.87 (+0.49%), as of the Oct 2, 2026 trading session; market cap $20.7B.

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

$30.87 +$0.15 (+0.49%) Market Cap $20.7B

Terna - Rete Elettrica Nazionale Società per Azioni · TEZNY · Utilities · Regulated Electric

Terna - Rete Elettrica Nazionale Società per Azioni, an Italian entity headquartered in Rome since its establishment in 1999, plays a pivotal role in electricity transmission and dispatching.

Price as of Oct 2, 2026

Key Statistics

No publishable V2 score is available for this stock yet.

Price & valuation

Dates shown where recorded
MeasureValueAs of
Latest provided price$30.87
Change on the day+0.49%
52-week range$29.93 – $36.42
Market capitalisation$20.7B
Price / earnings (trailing)16.64
Shares traded on the day1.2K
Beta (volatility vs the S&P 500)0.59
Dividends per share (last 12 months)$1.35
Dividend yield (last 12 months)4.39%

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 5, 2025 to Oct 2, 2026: low $29, high $36, latest $31. 1 reported quarter marked. $36 $29 high $36 Mar 23, 2026 · Earnings results · no recorded estimate to compare · close $331 Sep 5, 2025 Oct 2, 2026 · $31 $30Sep 5, 2025$29Sep 19, 2025$30Oct 3, 2025$32Oct 17, 2025$31Oct 31, 2025$31Nov 14, 2025$32Nov 28, 2025$31Dec 12, 2025$32Dec 26, 2025$33Jan 9, 2026$32Jan 23, 2026$34Feb 6, 2026$35Feb 20, 2026$34Mar 6, 2026$33Mar 20, 2026$35Apr 2, 2026$35Apr 17, 2026$36May 1, 2026$34May 15, 2026$34May 29, 2026$36Jun 12, 2026$35Jun 26, 2026$35Jul 10, 2026$35Jul 24, 2026$35Aug 7, 2026$34Aug 21, 2026$33Sep 4, 2026$32Sep 18, 2026$31Oct 2, 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. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results

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

Other perspectives

Council score for Terna - Rete Elettrica Nazionale Società per Azioni (TEZNY): perspectives

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

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

Read on: Sep 30, 2026 · older than the 27 hours refresh window; not a current reading

Munger's Mindset

Balance Sheet & Valuation · historical

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

Read on: Sep 30, 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 30, 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 TEZNY film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is Terna - Rete Elettrica Nazionale Società per Azioni (TEZNY), and what does it report?

Short answer · as of

Terna - Rete Elettrica Nazionale Società per Azioni, an Italian entity headquartered in Rome since its establishment in 1999, plays a pivotal role in electricity transmission and dispatching. Terna - Rete Elettrica Nazionale Società per Azioni (TEZNY) is classified as Utilities / Regulated Electric. Headquarters: Viale Egidio Galbani 70, Rome, RM, 00156, IT. It employs 7,117 people and is led by Pasqualino Monti. In Q2 FY2026 it reported revenue of $2.37B and net income of $679M. The market values it at $20.7B.

2 · Latest results

What do the latest results show for Terna - Rete Elettrica Nazionale Società per Azioni (TEZNY)?

Short answer · as of

The most recent reported quarter, Q2 FY2026, carried revenue of $2.37B.

Did results meet expectations?

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

Latest report · revenue
$2.54B Mar 23, 2026
Latest report · revenue estimate
$994.64M Mar 23, 2026
Latest report · revenue vs estimate
Above estimate Mar 23, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
Mar 23, 2026$2.54B$994.64M$0.9160Not available
Jul 30, 2025$1.13B$980.76M$0.5490Not available
May 15, 2025$1.03B$899.50M$0.2664Not available
Nov 6, 2024$1.89BNot available$0.2920Not 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$2.37B$679M$1.01 (diluted)
Q4 FY2025$2.43B$585M$0.87 (diluted)
Q2 FY2025$1.08B$352M$0.52 (diluted)
Q4 FY2024$1.12B$582M$0.87 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for Terna - Rete Elettrica Nazionale Società per Azioni (TEZNY)?

Short answer

The distress and quality screens read Altman Z 1.26 · Piotroski F 6. Trailing ratios: ROE 13.6% · ROA 3.7% · current ratio 0.96 · earnings yield 6.0% · free-cash-flow yield -1.1%.

5 · Score methodology

How is Terna - Rete Elettrica Nazionale Società per Azioni scored?

Research dated 2026-09-12.

Terna differs from a conventional electric utility because it operates the transmission and dispatching backbone rather than centering its business on generation or household electricity sales. Network planning, expansion, operation, and maintenance are the core activities.

Its perimeter is also broader than a pure grid operator: telecommunications and connectivity services sit alongside transformer and cable manufacturing, renewable project work, private interconnectors, and international operations. That mix introduces industrial and project execution exposure around a regulated infrastructure core.

Sources (as of 2026-09-12): Sector / industry (provider taxonomy); Business description

Peer set — price, market value and MoonshotScore
CompanyPriceMarket valueScore
CK Infrastructure Holdings Limited (CKISF) Named competitor$7.30 Sep 30, 2026$18.4B— Model unavailable
CLP Holdings Limited (CLPHF) Named competitor$9.40 Oct 2, 2026$23.8B— Model unavailable
EDP - Energias de Portugal, S.A. (ELCPF) Named competitor$5.30 Oct 2, 2026$21.9B— Model unavailable
Edison International (EIX) Same industry, near in market value$53.89 Oct 2, 2026$20.7B— 5-pillar · not comparable
CMS Energy Corp. (CMSA) Same industry, near in market value$19.43 Oct 2, 2026$21.0B— Model unavailable
Southern Company (The) Series 2 (SOJD) Same industry, near in market value$17.94 Oct 2, 2026$20.1B— 5-pillar · not comparable
Algonquin Power & Utilities Corp. (AQNB) Same industry, near in market value$26.41 Oct 2, 2026$19.4B— 5-pillar · not comparable
Evergy, Inc. (EVRG) Same industry, near in market value$79.17 Oct 2, 2026$18.3B— 5-pillar · not comparable
Eversource Energy (ES) Same industry, near in market value$64.50 Oct 2, 2026$24.3B— 5-pillar · not comparable
PPL Corporation (PPL) Same industry, near in market value$32.80 Oct 2, 2026$24.7B— 5-pillar · not comparable
CenterPoint Energy, Inc. (CNP) Same industry, near in market value$37.79 Oct 2, 2026$24.9B— 5-pillar · not comparable
FirstEnergy Corp. (FE) Same industry, near in market value$43.34 Oct 2, 2026$25.1B— 5-pillar · not comparable

The comparison model is unavailable. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.

Screen more Utilities stocks

The records behind this page

Who holds the shares?

Institutional ownership reported through 13F filings.

Institutional ownership
0.0% Period end Jun 30, 2026
Previous quarter · ownership
0.0% Prior to period end Jun 30, 2026
Reporting holders
5 Period end Jun 30, 2026
Previous quarter · holders
4 Prior to period end Jun 30, 2026
Who holds the shares? — reported evidence
Holders in provider snapshotShares
Rhumbline Advisers8,063
Gamma Investing LLC6,600
Wellington-Altus Usa INC.582
Salomon & Ludwin, LLC298
Gleason Group, INC.81

Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.

What has been published about Terna - Rete Elettrica Nazionale Società per Azioni (TEZNY)?

Read these with our analysis →

TEZNY Utilities Stock FAQ

Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 2 questions are answered from this page's own dated data, not from the research.

What does Terna sell through its Regulated business?

Terna’s core activity is the ownership, development, operation, and maintenance of high-voltage transmission infrastructure, together with electricity dispatching across the national system.

Sources (as of 2026-09-12): Business description; Sector / industry (provider taxonomy)

How do transformers and cables fit into Terna’s grid business?

Transformer design and repair, along with marine and terrestrial cable production, extend Terna into equipment manufacturing around its core transmission, connectivity, and interconnector activities.

Sources (as of 2026-09-12): Business description

What is the TEZNY stock price today?

The last price recorded on this page for Terna - Rete Elettrica Nazionale Società per Azioni (TEZNY) is $30.87, 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.

Does TEZNY pay a dividend?

Yes. Terna - Rete Elettrica Nazionale Società per Azioni (TEZNY) shows a trailing 12-month dividend yield of 4.39%, as of Oct 2, 2026, in the data on this page. Payout ratio and cash-flow coverage decide whether it can last, and past dividends do not guarantee future payments.

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

Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. 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 (41 figures)

The 41 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.

FMP — 35 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
px.lastLatest provided price$30.87FMPFinancial 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 2026-10-04T21:04:44.297Z.
px.changeChange on the day+0.49%FMPFinancial Modeling Prep (FMP) · quote
px.mcapMarket capitalisation$20.7BFMPFinancial 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 2026-10-04T21:04:43.044Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
id.business_summaryBusiness description (FMP excerpt)Terna - Rete Elettrica Nazionale Società per Azioni, an Italian entity headquartered in Rome since its establishment in 1999, plays a pivotal role in electricity transmission and dispatching.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+$0.15FMPFinancial Modeling Prep (FMP) · quote
px.pePrice / earnings (trailing)16.64FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day1.2KFMPFinancial Modeling Prep (FMP) · quote
px.betaBeta0.59FMPFinancial Modeling Prep (FMP) company profile
id.sectorSector / industry (provider taxonomy)Utilities / Regulated ElectricFMPFinancial Modeling Prep (FMP) company profile
id.hqHeadquartersViale Egidio Galbani 70, Rome, RM, 00156, ITFMPFinancial Modeling Prep (FMP) company profile
id.employeesEmployees7,117FMPFinancial Modeling Prep (FMP) company profile
id.ceoChief executivePasqualino MontiFMPFinancial 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$2.37BFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
fin.q_incomeNet income, Q2 FY2026$679MFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
earn.history.depth.2026-03-23.revenue_actualRevenue · reported — report date 2026-03-23$2.54BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-03-23.revenue_estimatedRevenue · estimate — report date 2026-03-23$994.64MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-03-23.eps_actualEPS · reported — report date 2026-03-23$0.9160Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-07-30.revenue_actualRevenue · reported — report date 2025-07-30$1.13BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-07-30.revenue_estimatedRevenue · estimate — report date 2025-07-30$980.76MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-07-30.eps_actualEPS · reported — report date 2025-07-30$0.5490Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-05-15.revenue_actualRevenue · reported — report date 2025-05-15$1.03BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-05-15.revenue_estimatedRevenue · estimate — report date 2025-05-15$899.50MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-05-15.eps_actualEPS · reported — report date 2025-05-15$0.2664Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2024-11-06.revenue_actualRevenue · reported — report date 2024-11-06$1.89BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2024-11-06.eps_actualEPS · reported — report date 2024-11-06$0.2920Report 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
own.institutions.depth.ownership_pctInstitutional ownership0.0%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.ownership_pct_previous_quarterPrevious quarter · ownership0.0%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.institutions.depth.holdersReporting holders5FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.holders_previous_quarterPrevious quarter · holders4FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.top_holders.depth.holder_0.sharesRhumbline Advisers — shares in provider snapshot8,063FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_1.sharesGamma Investing LLC — shares in provider snapshot6,600FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_2.sharesWellington-Altus Usa INC. — shares in provider snapshot582FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_3.sharesSalomon & Ludwin, LLC — shares in provider snapshot298FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_4.sharesGleason Group, INC. — shares in provider snapshot81FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.

UNRECORDED — 3 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
px.range5252-week range$29.93 – $36.42UNRECORDEDStored company-profile observation — Captured 2026-10-03
fin.scoresDistress and quality screensAltman Z 1.26 · Piotroski F 6UNRECORDEDStored financial-scores observation — Captured 2026-10-03 · Expired observation
fin.ratiosReturn and yield ratios (trailing twelve months)ROE 13.6% · ROA 3.7% · current ratio 0.96 · earnings yield 6.0% · free-cash-flow yield -1.1%—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)$1.35COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history — Sum of 2 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-04, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate.
div.ttm_yieldDividend yield, last 12 months4.39%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.2026-03-23.revenue_actual.comparisonLatest report · revenue vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($2.54B) with the recorded estimate ($994.64M) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.

Fact-family notes

  1. Earnings-history note. Source series as of 2026-03-23. 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.2026-03-23.revenue_actual, earn.history.depth.2026-03-23.revenue_estimated, earn.history.depth.2026-03-23.revenue_actual.comparison, earn.history.depth.2026-03-23.eps_actual, earn.history.depth.2025-07-30.revenue_actual, earn.history.depth.2025-07-30.revenue_estimated, earn.history.depth.2025-07-30.eps_actual, earn.history.depth.2025-05-15.revenue_actual, earn.history.depth.2025-05-15.revenue_estimated, earn.history.depth.2025-05-15.eps_actual, earn.history.depth.2024-11-06.revenue_actual, earn.history.depth.2024-11-06.eps_actual.
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-12

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Sector / industry (provider taxonomy)
Utilities / Regulated Electric
2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Business description
Terna - Rete Elettrica Nazionale Società per Azioni, an Italian entity headquartered in Rome since its establishment in 1999, plays a pivotal role in electricity transmission and dispatching. Its operations extend across Italy, other Euro-area nations, and various international markets. The company's core business involves the comprehensive management of the national transmission grid and associated high-voltage electrical infrastructure. This includes all stages from strategic planning and infrastructure development to day-to-day operation and ongoing maintenance. Terna organizes its diverse activities into three distinct segments: Regulated, Non-Regulated, and International. Beyond its primary function of grid ownership and management, Terna offers a range of complementary services. These encompass telecommunication systems and equipment, connectivity solutions, energy optimization services, and general operation and maintenance provisions. Furthermore, the company is actively engaged in the manufacturing sector, specializing in the design, production, commercialization, and repair of various transformers, including those for power transmission, industrial applications (like steel and metals), and specialized convertors used in electrochemical processes. Terna also designs, produces, and supplies both marine and terrestrial cables. Its portfolio additionally includes initiatives in renewable energy project implementation and development, as well as undertaking private interconnector projects, solidifying its position as a multifaceted infrastructure and energy solutions provider.
2026-09-12FMPFinancial Modeling Prep (FMP) company profile
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.