Eni S.p.A. (NYSE:E) is one of\u00a0the most undervalued energy stocks to buy now<\/strong>. BofA lifted the price target on Eni S.p.A. (NYSE:E) to EUR 21 from EUR 18.50 on March 13 and reaffirmed a Neutral rating on the shares. Its commodities research team increased oil and gas price forecasts across 2026-27 to take into account the risks of a prolonged shutdown of the Strait of Hormuz, driving higher price targets across the firm\u2019s European oil and gas coverage.<\/p>\n Eni S.p.A. (NYSE:E) released its fiscal Q4 and full-year 2025 results on February 26 and reported an adjusted net income of \u20ac1.20 billion in fiscal Q4, up 35% year-over-year. Fiscal Q4 CFFO came up to \u20ac3 billion, up 4% year-over-year. Management reported that cash flow remains well ahead of plan, with active portfolio management contributing to historically low gearing of 14%.<\/p>\n In its operational highlights, Eni S.p.A. (NYSE:E) also cited a binding agreement signed with Petronas to establish a jointly-controlled E&P satellite over Indonesia\/Malaysia. Management stated that the agreement aims at combining two material gas asset portfolios with rich exploration potential and an initial production level of over 300 Kboe\/d, anticipated to quickly ramp up to a sustainable level of over 500 Kboe\/d.<\/p>\n Eni S.p.A. (NYSE:E) explores, refines, produces, and sells oil, electricity, gas, and chemicals. Its operations are divided into the following segments: Exploration and Production, Global Gas and LNG Portfolio, Refining & Marketing and Chemicals, Power & Renewables, and Corporate and Other Activities.<\/p>\n While we acknowledge the potential of E as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock<\/strong>.<\/p>\n<\/div>\n<\/div>