EasyJet stock weighs Apollo's 715p cash takeover offer

Published on 10/03/2026 at 23:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EasyJet stock was last at GBp 680.60 on October 2, 2026, with a 52-week high of GBp 683.80. Q3 FY26 revenue reached GBP 2.983 billion and headline EBIT GBP 104 million.

Pop-Art-Comic eines weißen Flugzeugs im Himmel mit Sprechblase LOW COST — Farbenfrohe Pop-Art-Comic-Illustration eines fliegenden Flugzeugs repräsentiert die Fluggesellschaft easyJet plc, ISIN GB00B7KR2P84, Low-Cost-Airline, Illustration mit AI erstellt.

EasyJet stock (ISIN GB00B7KR2P84) was last at GBp 680.60 on the London Stock Exchange on October 2, 2026 at 4:35 p.m. London time, up 0.50 percent on the session. The immediate corporate backdrop is Apollo's 715p cash offer after rival bidder Castlelake abandoned its pursuit, according to Halifax on October 1, 2026.

Apollo offer sets the reference point

The 715p cash consideration stands 5.05 percent above the October 2 market price, leaving the takeover terms as the clearest benchmark for the quoted shares. easyJet says the board unanimously recommends the transaction, which remains subject to shareholder, court and regulatory approvals.

The company expects the Scheme Document by October 15, 2026, while shareholder meetings are expected in the week commencing November 9, 2026. Completion is expected by the end of the first quarter of 2027, giving the stock a deal timetable rather than a conventional earnings-only catalyst.

Q3 figures show the operating tradeoff

For the quarter ended June 30, 2026, easyJet carried 25.8 million passengers and generated GBP 2.983 billion of group revenue, including easyJet holidays. Headline EBIT reached GBP 104 million, equal to a 3.5 percent margin, according to Aviation Intelligence on September 24, 2026.

The same analysis reports a 3 percent increase in capacity and a 3 percent decline in total airline RASK, while the load factor was 88.9 percent. That combination points to growth absorbing weaker unit pricing, making execution and cost control important alongside takeover completion.

Stock stays near its yearly high

EasyJet's GBp 680.60 reference price sits GBp 3.20 below the 52-week high of GBp 683.80 and above the low of GBp 332.60. Market capitalization was GBP 5.1 billion and volume reached 4,055,588 shares on October 2, 2026.

Investing.com lists easyJet's next earnings date as December 1, 2026, and identifies the company as a London-listed passenger transportation business. The next material valuation checkpoint is therefore the gap between the 715p offer and the market price, alongside the approvals required for completion.

EasyJet stock keeps deal value in view

With the shares near the 52-week high and below Apollo's cash consideration, easyJet stock is being priced through the proposed transaction and its remaining execution conditions.