Bouygues stock draws higher analyst targets after Q2 gains
Published on 09/25/2026 at 11:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Bouygues stock stood at EUR 43.14 on Euronext Paris on September 24, 2026, down 0.25 percent. The latest analyst revisions put the valuation debate beside a sharply improved second-quarter earnings profile.
Analysts raise their targets
JPMorgan raised its Bouygues price target from EUR 73 to EUR 75 on September 16, 2026, while maintaining an Overweight rating, according to Yahoo Finance. Morgan Stanley also lifted its target from EUR 53 to EUR 57 and kept an Equal Weight recommendation, according to Bourse Direct.
The two revisions point to a wide range of views rather than a single consensus signal. JPMorgan's EUR 75 target sits EUR 31.86 above the September 24 market price, while Morgan Stanley's EUR 57 target is EUR 13.86 higher.
Q2 earnings changed the picture
Bouygues generated EUR 14,087,879,645 in revenue in Q2 2026, compared with EUR 12,229,258,969 in Q1 2026. That represents a sequential increase of 15.2 percent.
Net income reached EUR 381 million in Q2 2026 after a EUR 94,356,918 loss in Q1. Diluted earnings per share moved from a loss of EUR 0.24 in Q1 to EUR 0.99 in Q2, giving the earnings comparison more weight than the modest daily share-price decline.
The Q2 earnings call also highlighted EUR 715 million of operating income, versus EUR 38 million in Q1. The improvement gives the analyst target increases a concrete operating reference, although the share price remained below both revised targets on September 24.
Stock remains below analyst targets
Bouygues stock traded at EUR 43.14 on Euronext Paris on September 24, 2026, with a daily change of minus 0.25 percent. The combination of a softer session and stronger Q2 profit leaves the market price below the EUR 57 and EUR 75 targets discussed by Morgan Stanley and JPMorgan.
Bouygues stock key figures
- Company: Bouygues S.A.
- Ticker: EN
- Trading venue: Euronext Paris
- Price: EUR 43.14 on September 24, 2026
- Sector / Industry: Industrials / Engineering and Construction
