Amundi stock enters Q3 with a 9.9 percent ICG stake

Published on 09/29/2026 at 08:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Amundi stock has a EUR 95.29 average analyst target against EUR 92.75 on September 22, 2026. The ICG deal adds EUR 620 million of private markets exposure.

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Amundi stock (ISIN FR0004125920) was quoted at EUR 92.75 on Euronext Paris on September 22, 2026, down 0.27 percent in the session and up 31.37 percent since January 1. The latest company catalyst is a EUR 620 million investment in ICG that expands Amundi's private markets platform.

ICG deal reaches financial statements

According to Amundi on September 17, 2026, the asset manager acquired a 9.9 percent economic stake in ICG, including 4.9 percent of voting rights. From Q3 2026, the investment will be reflected in Amundi's assets under management, net flows and financial results.

The partnership also gives Amundi a 10-year agreement to distribute ICG's evergreen and selected products globally through its wealth channel, excluding the United States, Australia and New Zealand. ICG said on September 17, 2026, that the first jointly developed product will focus on private equity secondaries and is expected in the coming weeks.

Analyst target stays above price

MarketScreener listed an average target of EUR 95.29 from 15 analysts against a last price of EUR 92.75 on September 22, 2026. The target therefore stood 2.74 percent above the quoted price, while the consensus was Outperform.

The comparison leaves a narrower valuation gap than the strategic transaction headline suggests. For investors, the key test is whether the ICG partnership converts distribution reach into net flows and earnings contribution from Q3 2026.

Next results date is October 28

MarketScreener's company calendar names October 28, 2026, for Amundi's Q3 2026 earnings release. That date should provide the first scheduled checkpoint for the ICG contribution after the 9.9 percent stake was completed.

Amundi stock holds a 31.37 percent gain

Amundi stock was quoted at EUR 92.75 on Euronext Paris on September 22, 2026, with a daily change of minus 0.27 percent and a year-to-date gain of 31.37 percent. The company manages EUR 2.6 trillion of assets, according to ICG.