Alstom, FR0010220475

Alstom stock falls 1.96 percent as rail orders grow

Published on 09/25/2026 at 13:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Alstom stock is tied to a Northrail framework worth up to EUR 700 million, announced September 23, 2026. Q1 sales rose 4.9 percent to EUR 4.7 billion.

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Alstom stock (ISIN FR0010220475) stood at EUR 14.54 on Euronext Paris on September 24, 2026, down 1.96 percent, with trading volume of 1,427,727 shares. The move followed a new European rail agreement valued at up to EUR 700 million.

Northrail order reaches EUR 700 million

According to Alstom on September 23, 2026, the framework agreement with Northrail covers up to 100 Traxx Shunter locomotives. The firm order, including 10 years of maintenance, is valued at less than EUR 100 million, while options could lift the total agreement to EUR 700 million.

The first deliveries are scheduled for late 2029, giving the order a long conversion period. The contract is also the commercial launch of a new locomotive platform, linking near-term order intake with a product expansion in freight rail.

Sales growth meets margin guidance

Alstom's first-quarter fiscal 2026/27 sales rose 4.9 percent to EUR 4.7 billion, while order intake reached EUR 2.6 billion and the backlog stood at EUR 102.8 billion, according to RAOScaff in its September 2, 2026 analysis. Services grew 9 percent organically during the quarter.

Management's fiscal 2026/27 outlook calls for organic revenue growth of 5 percent and an adjusted operating margin of 6.5 percent, according to the same period report. The contrast is clear: sales advanced, but the 0.5 book-to-bill ratio places greater importance on converting the backlog into future orders.

Analyst target remains EUR 28

JP Morgan analyst Akash Gupta retained a Buy rating and an EUR 28 price target on September 16, 2026, according to MarketScreener. The target is materially above the EUR 14.54 reference price, while the stock's recent quotation shows that execution and margin delivery remain central to the valuation debate.

Alstom stock stays below EUR 15

Alstom stock was quoted at EUR 14.54 on Euronext Paris on September 24, 2026, at 5:36 p.m. CEST. The dated price, the 1.96 percent daily decline and the 1,427,727-share volume frame the market reaction to the company's latest order and operating targets.