Amplifon S.p.A.
Today's session · updated · Source: Yahoo Finance
- Open
- €12.20
- Day range
- 11.67 – €12.32
- 52-week range
- 7.84 – €14.48
- Volume
- 1,239,521
- Market cap
- €3,144M
- P/E (TTM)
- 38.2x
- EPS (TTM)
- €0.31
- EPS est. 2026
- €0.69
- P/E est. 2026
- 17.1x
- Dividend yield
- 2.5%
- Beta
- 0.99
- Payout
- 93%
Analyst summary
Generated with AI · Nov 11, 2026, 16:42Amplifon distributes hearing solutions and provides customised fitting and audiological care across multiple international regions. Q3 2026 revenue was €574M, but net income of €9M and a 1.6% net margin highlight uneven profitability. Quarterly EPS beat estimates in Q1, Q2 and Q3 2026, while annual consensus forecasts a recovery to €0.894 in 2027 after weaker results in 2023–2025. The shares trade at 39.1x trailing earnings, with a 2.4% indicated yield.
- 1Q3 2026 revenue was €574M and net income was €9M, with a 1.6% net margin.
- 2Consensus EPS is €0.690 for 2026 and €0.894 for 2027.
- 3The €14.00 median target implies +15.5% upside; the shares yield 2.4%.
Amplifon financials
Q3 2026 results, quarter ended Sep 30, 2026
| Metric | Q3 2026 | 1-year change |
|---|---|---|
| Total revenue | €574M | n/a |
| Net income | €9M | n/a |
| Earnings per share | €0.04 | n/a |
| Net margin | 1.6% | n/a |
| Free cash flow | €37M | n/a |
| Debt / equity | 1.16 | n/a |
Revenue and net income (€M)
| Quarter | Total revenue | Net income |
|---|---|---|
| Q2 2025 | €593M | €35M |
| Q4 2025 | €649M | €17M |
| Q1 2026 | €580M | €11M |
| Q2 2026 | €606M | €39M |
| Q3 2026 | €574M | €9M |
Amplifon earnings per share (EPS)
Consensus estimates
| Period | EPS est. | 1-year change |
|---|---|---|
| Current quarterQ4 2026 · Analysts: 1 | €0.1690.17 – 0.17 | −24.8%€0.225 |
| Next quarterQ1 2027 · Analysts: 1 | €0.0900.09 – 0.09 | −55.2%€0.202 |
| Current year2026 · Analysts: 11 | €0.6900.60 – 0.76 | −3.5%€0.715 |
| Next year2027 · Analysts: 10 | €0.8940.77 – 1.02 | +29.5%€0.690 |
Forward P/E: 17.1x (2026) and 13.2x (2027) at the current price.
Actual and estimated EPS (€)
| Quarter | Actual EPS | Estimated EPS |
|---|---|---|
| Q2 2025 | €0.159 | — |
| Q4 2025 | €0.225 | €0.228 |
| Q1 2026 | €0.202 | €0.200 |
| Q2 2026 | €0.240 | €0.228 |
| Q3 2026 | €0.088 | €0.078 |
| Q4 2026 | — | €0.169 |
| Q1 2027 | — | €0.090 |
| Year | Actual EPS | Estimated EPS |
|---|---|---|
| 2022 | €0.787 | — |
| 2023 | €0.687 | — |
| 2024 | €0.645 | — |
| 2025 | €0.403 | — |
| 2026 | — | €0.690 |
| 2027 | — | €0.894 |
EPS trend
| Quarter | EPS | YoY change |
|---|---|---|
| Q1 2027Estimated | €0.090 | −55.2% |
| Q4 2026Estimated | €0.169 | −24.8% |
| Q3 2026 | €0.088est. €0.078 · surprise +13.5% | n/a |
| Q2 2026 | €0.240est. €0.228 · surprise +5.3% | +51.1% |
| Q1 2026 | €0.202est. €0.200 · surprise +1.0% | n/a |
| Q4 2025 | €0.225est. €0.228 · surprise −1.2% | n/a |
| Q2 2025 | €0.159 | n/a |
| Year | EPS | Annual change |
|---|---|---|
| 2027Estimated | €0.894 | +29.5% |
| 2026Estimated | €0.690 | +71.1% |
| 2025 | €0.403 | −37.5% |
| 2024 | €0.645 | −6.1% |
| 2023 | €0.687 | −12.7% |
| 2022 | €0.787 | n/a |
Normalised EPS according to the analyst consensus collected by Yahoo Finance; it may differ from the reported EPS in the results table.
Amplifon dividend
Yield and payments
| Dividend yield (TTM) | 2.5% |
| Forward yield (next 12m) | 2.5% |
| Dividend per share (TTM) | €0.29 |
| Forward dividend (next 12m) | €0.29 |
| Payout (TTM) | 93% |
| Last dividend | €0.29May 18, 2026 |
| Next ex-dividend date | n/a |
Dividend per share by year (€)
| Year | Dividend per share |
|---|---|
| 2019 | €0.14 |
| 2020 | €0.00 |
| 2021 | €0.22 |
| 2022 | €0.26 |
| 2023 | €0.29 |
| 2024 | €0.29 |
| 2025 | €0.29 |
| est. 12m | €0.29 |
Amplifon forecasts
17 analyst ratings
Consensus: Buy · 8 buy, 9 hold, 0 sell
1-year price forecast
| Target | Price | Upside |
|---|---|---|
| High | €20.00 | +69.3% |
| Median | €14.00 | +18.5% |
| Low | €11.10 | −6.1% |
| Date | Close |
|---|---|
| Nov 28, 2025 | €13.24 |
| Dec 30, 2025 | €13.75 |
| Jan 30, 2026 | €13.59 |
| Feb 27, 2026 | €13.18 |
| Mar 31, 2026 | €9.40 |
| Apr 30, 2026 | €9.40 |
| May 29, 2026 | €10.78 |
| Jun 30, 2026 | €9.48 |
| Jul 31, 2026 | €12.15 |
| Aug 31, 2026 | €12.12 |
| Sep 30, 2026 | €12.10 |
| Oct 30, 2026 | €11.17 |
| Nov 12, 2026 | €11.82 |
Amplifon peers
| Ticker | Company | Market cap (€M) | P/E | Price (€) | 1-day change | 52-week range |
|---|---|---|---|---|---|---|
| AMP.MI | Amplifon | 3,144 | 38.2x | 11.82 | −3.04% | 7.8414.48 |
| MCK | McKesson | 124,669 | 27.9x | 1,083.15 $ | +0.31% | 723.681,121.50 |
| COR | Cencora | 66,767 | 19.5x | 350.41 $ | +0.15% | 244.82377.54 |
| CAH | Cardinal Health | 64,607 | 36.2x | 277.75 $ | +0.11% | 180.45286.29 |
| HSIC | Henry Schein | 9,774 | 24.2x | 88.60 $ | +0.20% | 68.7092.18 |
| SAN.PA | Sanofi | 105,634 | 25.5x | 87.82 | +1.40% | 69.7590.79 |
Stocks quoted in another currency are shown in their trading currency.
Risks, catalysts and conclusion
Generated with AI · Nov 11, 2026, 16:42Risks
- A prolonged earnings recovery could leave the shares exposed to their 39.1x trailing P/E.
- Quarterly profit volatility, including Q3 net income of €9M, could constrain dividend cover at a 93% payout.
- Revenue softness across hearing-solution markets could pressure earnings and make the 2027 recovery harder to achieve.
Catalysts
- Delivery of the forecast EPS recovery to €0.690 in 2026 and €0.894 in 2027 could support valuation.
- Sustained quarterly EPS outperformance against estimates could strengthen confidence in the earnings outlook.
- Continued demand for hearing solutions and audiological care could support revenue and profitability growth.
Conclusion
Analysis written automatically by AI from Yahoo Finance market data on Nov 11, 2026, 16:42.
This content is for information only and is not financial advice or a recommendation to buy or sell securities. Ratings and price targets come from third-party analysts. Investing in the stock market involves the risk of losing capital.
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