Bernstein raises target for Safran stock from EUR 410 to EUR 420

Published on 10/02/2026 at 13:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached EUR 17.245 billion in first-half 2026, up 16.80 percent. Safran stock trades at EUR 333.50 versus EUR 325.75 on October 2, 2026.

Multiple trading monitors with CAC 40 and EURONEXT tickers and aerospace sector index charts — Safran FR0000073272 editorial trading screens showing CAC 40 and EURONEXT aerospace sector index charts, Illustration mit AI erstellt.

Safran (ISIN FR0000073272) was trading at EUR 333.50 at Lang & Schwarz on October 2, 2026 at 1:40 p.m. CEST, up 2.38 percent versus the prior close of EUR 325.75. Bernstein raised its Safran price target from EUR 410 to EUR 420 in a research note dated September 21, 2026, while maintaining its outperform rating, as Ideal Investisseur reported on September 22, 2026.

Target rises as buyback continues

The target increase puts the analyst view above the latest euro quote, but the stock remains sensitive to the cost pressures affecting aircraft-related businesses. The September 21 note kept the rating unchanged while lifting the target by EUR 10, a 2.44 percent increase from the previous target.

Safran also entered a new share-buyback tranche worth up to EUR 375 million on September 18, 2026. According to WebDisclosure, the purchases run from September 21 through November 27, 2026, within a broader EUR 5 billion cancellation program running from 2025 to 2028. EUR 2.275 billion had already been executed when the release was issued.

Revenue growth supports higher guidance

Safran reported EUR 17.245 billion of revenue in the first half of 2026, up 16.80 percent from the comparable period, according to Ideal Investisseur. The same report listed EUR 3.410 billion of EBITDA and a 19.80 percent EBITDA margin for the period.

Management's adjusted 2026 outlook calls for revenue growth of 15 percent, adjusted recurring operating income of EUR 6.4 billion to EUR 6.5 billion and free cash flow of EUR 4.7 billion to EUR 4.9 billion. Safran's finance page lists adjusted 2025 revenue of EUR 31.329 billion and adjusted recurring operating income of EUR 5.197 billion, providing a full-year base for the current targets through Safran.

Next revenue update is October 22

Safran's next scheduled sales and revenue release is October 22, 2026, according to MarketScreener. That date gives investors a defined checkpoint for the order pipeline, delivery pace and the credibility of the updated operating-income range.

Safran stock trades above prior close

Safran stock was trading at EUR 333.50 at Lang & Schwarz on October 2, 2026 at 1:40 p.m. CEST, up 2.38 percent versus the EUR 325.75 prior close. The further course of trading is shown by the continuously updated real-time quote of Safran stock.