ExpertAi SpA (EXAI.MI) Stock Price

ExpertAi SpA Price

Borsa Italiana·CLOSED
1.64EUR-0.01 (-0.73 %)
Market closed

Over the last 15 years ExpertAi SpA grew revenue by 9.8% annually, reaching 45.91 M EUR. For ExpertAi SpA, the net margin of -12.4% is up versus -54.8% a few years ago. The consensus 12-month price target for ExpertAi SpA is 1.43 EUR, about 12.7% below where the stock trades today. Of 9 analysts, 0 rate the stock a buy — an overall Sell consensus. The stock trades about 15% above its 52-week low.

ExpertAi SpA stock price

Volume
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of ExpertAi SpA over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how ExpertAi SpA stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing ExpertAi SpA's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

ExpertAi SpA Stock Price History
DateExpertAi SpA Price
8/14/20261.64 EUR
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Access this data via the Eulerpool API

ExpertAi SpA Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
28.71 M EUR
-17.23 M EUR
-15.72 M EUR
Jan 1, 2022
21.91 M EUR
-16.27 M EUR
-17.05 M EUR
Jan 1, 2023
29.78 M EUR
-11.67 M EUR
-9.86 M EUR
Jan 1, 2024
19.70 M EUR
-4.80 M EUR
-13.72 M EUR
Jan 1, 2025
45.91 M EUR
-4.89 M EUR
-5.69 M EUR
Jan 1, 2026 (e)
47.80 M EUR
-20.66 M EUR
973,376.00 EUR
Jan 1, 2027 (e)
52.05 M EUR
-22.30 M EUR
2.92 M EUR
Jan 1, 2028 (e)
57.80 M EUR
-23.14 M EUR
2.92 M EUR

ExpertAi SpA Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 17, 2026, 10:43 AM
 
REVENUEM EUR
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM EUR
EBITM EUR
EBIT MARGIN%
NET INCOMEM EUR
NET INCOME GROWTH%
SHARESM
20132014201520162017201820192020202120222023202420252026e2027e2028e
10.0010.0016.0023.0026.0028.0031.0028.0028.0021.0029.0019.0045.0047.0052.0057.00
-9.0960.0043.7513.047.6910.71-9.68-25.0038.10-34.48136.844.4410.649.62
60.0080.0068.7573.9180.7782.1477.4278.5782.14114.29-37.9389.4757.7857.7857.7857.78
6.008.0011.0017.0021.0023.0024.0022.0023.0024.00-11.0017.0026.0027.1630.0432.93
1.001.00-3.00-8.00-5.00-2.00-5.00-17.00-16.00-11.00-4.00-4.00-20.00-22.00-23.00
10.0010.00-18.75-34.78-19.23-7.14-17.86-60.71-76.19-37.93-21.05-8.89-42.55-42.31-40.35
1.00-3.00-8.00-8.00-3.00-5.00-15.00-17.00-9.00-13.00-5.002.002.00
-400.00166.67-62.50200.0013.33-47.0644.44-61.54
113.09113.09113.09113.09113.09113.0940.1050.8152.4262.0963.91113.09113.09113.09113.09113.09
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales ExpertAi SpA generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue ExpertAi SpA retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare ExpertAi SpA's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares ExpertAi SpA has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against ExpertAi SpA's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

ExpertAi SpA stock margins

The ExpertAi SpA margin analysis displays the gross margin, EBIT margin, as well as the profit margin of ExpertAi SpA. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for ExpertAi SpA.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
80.36 %
-60.02 %
-54.77 %
Jan 1, 2022
114.10 %
-74.27 %
-77.82 %
Jan 1, 2023
-39.18 %
-39.18 %
-33.09 %
Jan 1, 2024
86.71 %
-24.37 %
-69.62 %
Jan 1, 2025
57.35 %
-10.65 %
-12.40 %
Jan 1, 2026 (e)
57.35 %
-43.22 %
2.04 %
Jan 1, 2027 (e)
57.35 %
-42.85 %
5.61 %
Jan 1, 2028 (e)
57.35 %
-40.04 %
5.05 %

ExpertAi SpA Stock Revenue, EBIT, Earnings per Share

The ExpertAi SpA earnings per share therefore indicates how much revenue ExpertAi SpA has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
0.55 EUR
-0.33 EUR
-0.30 EUR
Jan 1, 2022
0.35 EUR
-0.26 EUR
-0.27 EUR
Jan 1, 2023
0.47 EUR
-0.18 EUR
-0.15 EUR
Jan 1, 2024
0.00 EUR
0.00 EUR
0.00 EUR
Jan 1, 2025
0.41 EUR
-0.04 EUR
-0.05 EUR
Jan 1, 2026 (e)
0.49 EUR
-0.18 EUR
0.01 EUR
Jan 1, 2027 (e)
0.53 EUR
-0.20 EUR
0.03 EUR
Jan 1, 2028 (e)
0.59 EUR
-0.20 EUR
0.03 EUR

ExpertAi SpA business model & stock analysis

Expert System SpA is a leading company in the field of Artificial Intelligence (AI) based in Italy. The company was founded in 1989 and has since become an important player in the industry. Expert System is listed on the Italian stock exchange and has offices in Europe, North America, and Asia. The business model of Expert System is based on the development of AI technologies that enable companies to effectively use unstructured data. The company has developed a special technology that allows for the analysis and understanding of large amounts of unstructured data such as text, images, and videos. This enables companies to make better decisions and improve the efficiency of their business processes. Expert System operates in various sectors, including healthcare, financial services, security, energy, and media. Within these sectors, the company offers various products tailored to specific application areas. In healthcare, Expert System offers solutions for data analysis in clinical trials, automated analysis of medical records, and support for doctors in diagnosing and treating patients. The technology enables the collection and analysis of patient data from various sources to make better decisions and optimize patient care. In the financial services sector, Expert System offers solutions for the automated analysis of financial data, monitoring financial transactions, and detecting fraud. The technology enables companies to better identify risks and take timely action. In the security sector, Expert System offers solutions for threat detection and monitoring online content. The technology enables companies and government agencies to detect threats early and respond to them. In the energy sector, Expert System offers solutions for process automation and improving energy efficiency. The technology enables companies to achieve energy savings and reduce operating costs. In the media sector, Expert System offers solutions for content creation and personalization. The technology enables companies to automatically generate and tailor content to user interests and preferences. The products offered by Expert System include Cogito, a semantic analysis tool that converts unstructured data into structured data, and Cogito Studio, a tool for creating semantic applications. Expert System has had an impressive track record in recent years. The company has received numerous awards, including the AI Breakthrough Award for the best AI product of 2019. Expert System has also built strong partnerships with other companies and research institutions to advance the development of AI technologies. Overall, Expert System is a key player in the AI industry with an impressive track record and numerous innovative technologies. The company specializes in the development of AI technologies that enable companies to effectively use unstructured data and optimize their business processes. With a wide range of products and a strong presence in various industries, Expert System is well positioned to continue growing in the future.

ExpertAi SpA SWOT Analysis

Strengths

Expert System SpA possesses several strengths that contribute to its success in the market. These include:

  • Strong technology and expertise in artificial intelligence and natural language processing
  • Proven track record of delivering innovative solutions to clients
  • Robust intellectual property portfolio and research capabilities
  • Established brand reputation and recognition
  • Global presence and large customer base

Weaknesses

Despite its strengths, Expert System SpA also faces certain weaknesses that may pose challenges to its growth:

  • Reliance on a specific technology niche, limiting diversification opportunities
  • Difficulty in keeping up with rapidly evolving industry trends and competitive landscape
  • Dependence on key clients for a significant portion of revenue
  • Limited financial resources and potential cash flow constraints

Opportunities

Amidst the ever-changing business environment, Expert System SpA can leverage the following opportunities:

  • Growing demand for AI-powered solutions across industries
  • Expansion into new geographical markets
  • Partnerships and collaborations with other technology companies to enhance offerings
  • Potential for developing new products and services utilizing its existing capabilities
  • Opportunity to capitalize on the increasing need for data analysis and automation

Threats

Expert System SpA should be cautious of the following threats that might impede its progress:

  • Intense competition from both established players and emerging startups in the AI industry
  • Rapid technological advancements leading to the possibility of its solutions becoming outdated
  • Potential regulatory and legal challenges related to data privacy and ethics
  • Economic downturn or market volatility impacting customer spending and investment in AI technologies

ExpertAi SpA Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

ExpertAi SpA historical P/E ratio, EBIT multiple, and P/S ratio

ExpertAi SpA annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

ExpertAi SpA shares outstanding

The number of shares of ExpertAi SpA was 113.09 M in 2025. This indicates how many shares ExpertAi SpA is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
52.42 M Stocks
Jan 1, 2022
62.09 M Stocks
Jan 1, 2023
63.91 M Stocks
Jan 1, 2024
63.91 M Stocks
Jan 1, 2025
113.09 M Stocks
Jan 1, 2026 (e)
113.09 M Stocks
Jan 1, 2027 (e)
113.09 M Stocks
Jan 1, 2028 (e)
113.09 M Stocks

Current ExpertAi SpA forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
0.00 % (0)
Hold
33.33 % (3)
Sell
66.67 % (6)
12M Price Target
1.43
Last Price
1.64
Currency
EUR
12M Return Potential
-12.71 %
LTM Return
0 %

ExpertAi SpA shareholder structure

% Name
1.02639%
Azimut Capital Management Sgr SpA
Azimut Capital Management Sgr SpA
0.17362%
Sella SGR S.p.A.
Sella SGR S.p.A.
0.00347%
Symphonia SGR Spa
Symphonia SGR Spa
0.00000%
Kairos Partners SGR S.p.A.
Kairos Partners SGR S.p.A.
0.00000%
Mediolanum Gestione Fondi SGR p.A.
Mediolanum Gestione Fondi SGR p.A.

ExpertAi SpA Beneficial Ownership Filings (SEC 13D/G)

Free Float
70.6%
Float Shares
-
Shares Outstanding
-

ExpertAi SpA Executives and Management Board

14 members · avg. age 35 · 7 % women

Management

DP

Mr. Dario Pardi

Chairman of the Board, Chief Executive Officer · since 2024

MV

Mr. Marco Varone

Deputy Chairman of the Board, Chief Technology Officer, Founder · since 2024

FM

Mr. Fabio Montorselli

Group Chief Financial Officer

PC

Mr. Peter Caiazzi

Chief Operating Officer

UP

Mr. Umberto Pardi

Chief Revenue Officer

Board of Directors

SS

Mr. Stefano Spaggiari

Director, Founder and External Relations Director · since 2024

SP

Mr. Stefano Pedrini

Director · since 2024

SP

Ms. Sara Polatti (35)

Director

NC

Mr. Nicola Ciniero

Independent Director

MT

Mr. Marco Di Teodoro

Independent Director

AG

Mr. Andrea Gabola

Independent Director

ExpertAi SpA Supply Chain

ExpertAi SpA Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
1 companies
#NameTrend
1
Amazon.com
Supplier·Customer·Internet & Direct Marketing Retail·US
0.87
0.54
0.33
0.64
0.67
0.25

Frequently asked questions about ExpertAi SpA

The business model of Expert System SpA revolves around providing advanced artificial intelligence solutions to enhance digital transformation across various industries. Expert System SpA focuses on developing and deploying cognitive computing applications such as natural language processing, text analytics, and machine learning. Their technology enables organizations to analyze and understand unstructured data, automate processes, improve decision making, and optimize customer experiences. With their comprehensive suite of AI-powered tools and solutions, Expert System SpA aims to empower businesses with the ability to extract valuable insights from the vast amount of data available, thereby driving operational efficiency and innovation.

Expert System SpA is primarily active in the field of artificial intelligence (AI) and natural language processing (NLP). With its advanced cognitive computing technology, the company offers solutions and services in various industries, including finance, healthcare, media, and government. Expert System SpA's AI-powered tools enable organizations to efficiently analyze unstructured data, automate processes, enhance customer experience, and improve decision-making. The company's expertise in AI and NLP has gained recognition across diverse sectors, making it a leading player in the cognitive computing market.

The main competitors of Expert System SpA in the market are companies such as IBM Corporation, Microsoft Corporation, Google Inc., and Amazon.com Inc.

Expert System SpA is an Italian software company specializing in semantic technology. Established in 1989, Expert System SpA has a rich history of providing advanced cognitive computing solutions. The company applies artificial intelligence and natural language processing to analyze vast amounts of unstructured data, enabling organizations to extract valuable insights and enhance decision-making processes. With a focus on document management, text analytics, and linguistic resources, Expert System SpA has gained recognition for its innovative approaches to knowledge management. The company's commitment to research and development has positioned it as a trusted provider of AI-driven solutions in various industries worldwide.

Expert System SpA has achieved numerous significant milestones throughout its history. The company has successfully developed and implemented advanced semantic technology solutions, becoming a leading player in the field. Expert System SpA has consistently expanded its global presence by establishing strategic partnerships and collaborations with major companies across various industries. Additionally, the company has received several prestigious awards and recognitions for its innovative products and services. Expert System SpA continues to push boundaries and make advancements in artificial intelligence and natural language processing, cementing its position as a key player in the market.

Expert System SpA is primarily present in various countries and regions across the globe. As an Italian company, its headquarters are located in Modena, Italy. However, its presence extends beyond the borders of Italy. Expert System has established a strong international presence with subsidiaries and offices in the United States, Canada, Spain, France, Germany, the United Kingdom, Switzerland, and Singapore. This global reach allows Expert System SpA to collaborate with clients and partners worldwide, offering their advanced artificial intelligence solutions and language understanding technology to organizations across different industries.

Expert System SpA represents a strong commitment to innovation, excellence, and customer satisfaction. The company strives to provide cutting-edge technological solutions in the field of artificial intelligence and cognitive computing. With a focus on harnessing the power of natural language processing and understanding, Expert System has built a reputation for delivering advanced semantic intelligence tools and applications. Guided by a philosophy that emphasizes continuous improvement, collaboration, and integrity, Expert System SpA aims to empower organizations across various industries by enabling them to extract meaningful insights from unstructured data.

Analysts currently set an average price target of 1.43 EUR for the ExpertAi SpA stock (median: 1.43 EUR), implying -12.7 % versus the latest price. The consensus is based on 9 analyst ratings.

9 analysts currently rate the ExpertAi SpA stock: 0 recommend buying, 3 holding and 6 selling. For 2026, analysts expect ExpertAi SpA to generate revenue of 47.80 M EUR and earnings per share of 0.01 EUR.

The ExpertAi SpA share (EXAI.MI) is listed on 4 stock exchanges, including: Frankfurt (3K2.F), Mailand (EXAI.MI).

Expert System is a company specializing in the development of artificial intelligence, natural language processing, and text analysis. The company offers a range of products and services aimed at helping customers capture and analyze data to gain better insights into their business processes. One of the main components of Expert System's business model is their linguistic technologies, which allow customers to collect, analyze, and understand large amounts of unstructured data such as texts, emails, social media comments, customer data, or documents. Using text analytics, machine learning, and semantic technologies, Expert System can automatically categorize, structure, and relate this data to obtain detailed insights into the information being used. Another segment in which Expert System operates is development tools that allow companies to learn and use the technology themselves. Expert System provides an online platform where users can import data, train, and create models that automate specific business processes. These tools are modular so that customers can acquire only the functions they need. An important part of Expert System's portfolio is also the provision of support services and consulting. These services help companies implement their artificial intelligence strategy optimally. The experts at Expert System can use their knowledge in modeling, data analysis, development, and integration with other tools to accelerate the implementation of intelligent solutions. The consulting is usually done individually according to the requirements of the customers and based on the respective company strategy. The company offers its solutions and services in various industries, including healthcare, e-commerce, insurance, banking, and SMEs. The offered products and services are therefore often tailored to the specific needs of individual customers. In the category of text analytics, Expert System offers various solutions such as the Cogito product portfolio. Cogito is available as an on-premises platform or cloud service. The main purpose of these text analysis tools is to extract relevant information from unstructured data sources. Another tool is Cogito Intelligence API, which provides developers with an API-based platform to equip their applications with NLP functionality. In the context of artificial intelligence and machine learning, Expert System offers the Cogito Cognitive Automation platform. The platform includes measures such as automated processes, chatbots, intelligent virtual assistants, and cognitive search. This platform aims to enable companies to automate complex human tasks and increase their efficiency. Expert System is a company specializing in the development of artificial intelligence, natural language processing, and text analysis. The company offers a comprehensive range of products and services aimed at helping businesses gain insights from unstructured data and increase the efficiency of their business processes. By combining specialized expertise, flexible deployment, and customer-oriented service, Expert System has developed a business model that allows companies to optimize the use of the latest technologies.

The expected revenue of ExpertAi SpA is 47.80 M EUR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of ExpertAi SpA is 973,376.00 EUR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of ExpertAi SpA is currently 190.07. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the ExpertAi SpA stock.

The price-to-sales ratio (P/S) of ExpertAi SpA is currently 3.87. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the ExpertAi SpA stock.

The Eulerpool Quality Score for ExpertAi SpA is 3/10.

The ISIN of ExpertAi SpA is IT0004496029. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of ExpertAi SpA is A1XEPB. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of ExpertAi SpA is EXAI.MI. The ticker symbol is used to trade ExpertAi SpA shares on the stock exchange.

ExpertAi SpA paid dividends every year for the past 0 years.

ExpertAi SpA is assigned to the 'Information technology' sector.

The dividends of ExpertAi SpA are distributed in EUR.

All fundamentals and in-depth analysis of ExpertAi SpA

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