BofA cuts Ferrovial stock target from EUR 67 to EUR 60
Published on 10/16/2026 at 10:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTargets and reporting dates
- BofA cut its Ferrovial target from EUR 67.00 to EUR 60.00 on October 12, 2026.
- Ferrovial reported EUR 9.6 billion in revenue for fiscal year 2025.
- Ferrovial stock trades at EUR 43.18 at 10:11 a.m. CEST at Lang & Schwarz on October 16, 2026, 0.09 percent below the Xetra close of October 15, 2026.
Ferrovial stock (ISIN NL0015001FS8) was trading at EUR 43.18 at Lang & Schwarz on October 16, 2026, at 10:11 a.m. CEST, down 0.09 percent versus the Xetra close of October 15, 2026 at EUR 43.22. The latest analyst move was BofA's October 12 target cut from EUR 67.00 to EUR 60.00, while the bank kept its Buy rating, as Markets Insider reported.
Why the target moved lower
The lower valuation reflects a more cautious debate around Ferrovial's US infrastructure projects. A report from Yahoo Finance on October 8, 2026 said analysts were reassessing risk linked to the I-24 project, with cited targets ranging from EUR 50.00 to EUR 65.00. That range puts the EUR 60.00 BofA target above the lower end but below several more optimistic estimates.
Ferrovial's recent project pipeline provides the operating counterweight. The company said on October 6, 2026 that a consortium including Ferrovial had been appointed preferred bidder for the EUR 2.9 billion D35 highway public-private partnership in the Czech Republic, according to the Ferrovial investor-relations page. The project covers 35.4 kilometers and gives the highways business another long-duration concession opportunity.
Reporting dates carry the next figures
Ferrovial's investor calendar lists the 407 ETR nine-month results for October 21, 2026 and Ferrovial's nine-month 2026 results for October 27, 2026, followed by the results call on October 28, 2026. These dates are stated on the company's investor-relations page.
What does the project mean for value?
The next reports will show whether new concessions can offset the valuation pressure visible in recent target revisions. Ferrovial's investor materials list EUR 9.6 billion of revenue, EUR 40.6 billion of capitalization and EUR 5.1 billion of total liquidity for fiscal year 2025. Those figures provide a historical scale for the group as investors assess project execution and financing.
Stock stays near its recent range
At EUR 43.18, the euro quote is below the EUR 60.00 BofA target, but the comparison uses different measures: one is a market price and the other an analyst valuation. The next dated catalyst is the October 27, 2026 nine-month report.
The further course of trading is shown by the continuously updated real-time quote of Ferrovial stock.
Ferrovial stock at a glance
- Company: Ferrovial N.V.
- ISIN: NL0015001FS8
- WKN: A3EG0H
- Ticker: FER
- Primary exchange: Bolsa de Madrid
- Price Lang & Schwarz (as of October 16, 2026, 10:11 a.m. CEST): EUR 43.18
- Change versus Xetra close: minus 0.09 percent
- Xetra close (October 15, 2026): EUR 43.22
- Market capitalization: EUR 31.5 billion (as of October 15, 2026)
- Sector / Industry: Industrials / Engineering and Construction
Market context: Market report IBEX 35.
