Prysmian rises on AI outlook as Hungary reviews nuclear project - 21 October 2026

Prysmian Daily News Update · Oct 21, 2026 · 3m

As of October 21, today’s news sees developments related to energy security in Europe and the growing scrutiny of technological advancements. Growth opportunities are building. But is the market giving Prysmian enough credit? Bloomberg Intelligence says Prysmian’s forward price-to-earnings multiple has fallen to around 18 times, from a May peak of approximately 29. That puts the shares at a slight discount to European capital-goods peers, despite opportunities across data centers, grid upgrades and replacement. And there are encouraging signals from customers’ markets. ABB and Schneider…