Prysmian rallies as AI power demand reshapes markets - Dec 15, 2025

As of December 15, today’s news features developments surrounding Prysmian, particularly positive financial analyst evaluations, alongside significant market activities and geopolitical updates. Prysmian stock has received a boost with Jefferies raising its target price from 102 euros to 104 euros, reaffirming a "buy" rating as shares increased by 2.6% to 84.86 euros. Analysts emphasize a promising outlook for the cable sector, highlighting a solid order backlog and potential gains in the transmission segment. They have also adjusted their EBITDA estimates for 2026-2028 upwards by 2-3%, noting that factors such as potential mergers and acquisitions and the company's listing in the U.S. could serve as additional catalysts for growth. In broader market news, Reuters said that Siemens Energy looks like an activist’s ideal target. The 104 billion euros German turbine maker is benefiting from an AI-driven surge in electricity demand, yet it still trades at a steep discount to U.S. rival GE Vernova. Despite a 130% rally in the past year, Siemens Energy’s shares reflect lingering doubts over whether growth in its core businesses can fully offset uncertainty in the wind unit, Reuters add. Meanwhile, Tesla continues to draw attention with its board of directors earning over 3 billion dollars from stock awards, significantly eclipsing similar compensation in other major U.S. technology companies. Furthermore, China's aluminium production showed a modest increase of 2.5% year-on-year in November, underscoring ongoing resilience in the country's non-ferrous metals sector. Looking at financial trends, investors remain optimistic regarding European banks as they expect shares to gain further momentum into 2026, buoyed by earnings growth and efficiencies derived from artificial intelligence. The decline in recession fears has positively shifted investor sentiment, although the complexities of the market environment persist. In the shifting landscape of regulatory frameworks, the European Commission appears poised to reconsider its 2035 ban on new combustion-engine vehicles in light of pressure from automakers. This move could potentially delay or entirely soften the ban, representing a significant pivot from previous green initiatives. Internationally, discussions surrounding the ongoing conflict in Ukraine have intensified, with U.S. negotiators reportedly urging Ukraine to withdraw from the Donetsk region as part of a potential peace deal. This development points to critical diplomatic negotiations aimed at resolving a protracted conflict, amid various pressures on Ukraine's government.