Amundi, headquartered in Paris, is Europe’s largest asset manager, with assets under management reaching €2.32 trillion as of September 30, 2025. The firm offers a comprehensive range of investment solutions, including active and passive strategies and ETFs. Amundi has been expanding its global footprint, particularly in Asia and through partnerships with third-party distributors. However, the impending expiration of its UniCredit agreement in 2027 introduces strategic uncertainty.

Recent Performance and the Last Earnings Report

In Q3 2025, Amundi reported net inflows of €15.1 billion, surpassing analyst expectations of €14.4 billion. Adjusted net income for the quarter was €340 million, exceeding the estimated €322.8 million. Net revenue increased by 4.9% to €815 million, driven by rising management fees and a 76.6% increase in performance fees. The ETF business reached €300 billion in AUM.

Projections and Expectations for the Upcoming Report

Amundi’s Q3 2025 earnings report is scheduled for release on October 28, 2025. Market consensus anticipates EPS of approximately €1.10 and net revenue around €815 million. Investors are expecting notable stock movement following the announcement due to market volatility.

Analytical Outlook: Opportunities and Risks

Amundi’s strong inflows and revenue growth position the company favorably. A report that meets or slightly exceeds forecasts, along with a positive management tone, could reinforce market confidence.

However, the expiration of the UniCredit agreement in 2027 introduces uncertainty. If guidance is cautious or the partnership remains unresolved, the stock may experience short-term volatility.

Conclusion

The upcoming earnings release is a critical juncture for Amundi. Investors will focus on net inflows, ETF growth, revenue trends, and 2025 guidance. The report will indicate whether Amundi can sustain growth and justify its valuation amid competitive and market pressures.