BofA raises target for Thales stock from EUR 312 to EUR 315

Published on 10/14/2026 at 12:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue rose 6.7 percent to EUR 10.9 billion. Thales stock costs EUR 223.95 on October 14, 2026 versus a EUR 315 target.

Analyst view and upcoming dates

BofA Securities lifted its Thales target from EUR 312 to EUR 315 on October 13, 2026.
First-half revenue rose 6.7 percent to EUR 10.9 billion in 2026.
Thales stock trades at EUR 223.95 at 12:54 p.m. CEST at Lang & Schwarz on October 14, 2026.
Thales will publish third-quarter order intake and sales on October 22, 2026.

Editorial-Aufnahme eines Börsenparketts mit Bildschirmen und Kurscharts der Luftfahrtbranche — Börsen-Editorial vom Trading-Floor der Euronext Paris zeigt Kurscharts passend zur Notierung von Thales S.A. FR0000121329, Illustration mit AI erstellt.

Thales stock (ISIN FR0000121329) was at EUR 223.95 at Lang & Schwarz on October 14, 2026 at 12:54 p.m. CEST. Bourse Direct reported on October 13, 2026 that BofA Securities raised its price target from EUR 312.00 to EUR 315.00 while maintaining its buy recommendation.

Cybersecurity adds a new angle

The latest operating story is Thales' cybersecurity push. On October 1, 2026, the group unveiled a framework built around five connected elements: application security, AI-assisted detection and response, a converged cyber defense platform, continuous testing and risk evaluation, and critical-asset resilience, according to the Financial Times.

The announcement also linked Thales to Google's Fairwind program for cyber artificial intelligence. The commercial importance is still developing, but the framework gives the Cyber and Digital business a clearer product narrative beyond individual security tools.

What do the margins show?

Thales reported first-half 2026 revenue of EUR 10.9 billion, up 6.7 percent from the first half of 2025. Net income was EUR 485.0 million, while profit margin was 4.4 percent, down from 6.5 percent, according to Ideal Investisseur.

That contrast matters for the target increase. Revenue growth remained positive, but the lower margin leaves execution and mix as important tests for the next update.

Three recent dates frame the story

On September 29, 2026, Thales' board approved an interim dividend of EUR 1.05 per share for fiscal year 2026. On October 1, 2026, the company presented its frontier artificial intelligence cybersecurity framework. On October 13, 2026, BofA Securities raised its target from EUR 312.00 to EUR 315.00, as reported by Bourse Direct.

Dates investors can verify

Thales is scheduled to disclose third-quarter 2026 results on October 22, 2026 at 7:00 a.m. CET, followed by an order-intake and sales conference call at 8:30 a.m. CET, according to the Thales Group. The interim dividend is scheduled to go ex-dividend on December 2, 2026, with payment on December 4, 2026, according to Ideal Investisseur.

Revenue growth meets a margin test

Thales combines defense, aerospace, space, and digital identity activities. Its first-half revenue growth supplies support for the investment case, while the decline in profit margin makes the October reporting date the next concrete test for the higher analyst target.

Thales was trading at EUR 223.95 at Lang & Schwarz on October 14, 2026 at 12:54 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Thales stock.