GTT stock gets a four-carrier LNG order from Samsung

Published on 10/06/2026 at 16:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GTT stock traded at EUR 211.40 on October 6, 2026, down 0.75 percent. The October 5 order adds four LNG carriers to the company pipeline.

Bunte Pop-Art-Comicillustration eines LNG-Tankers auf dem Meer — Gaztransport & Technigaz SA (FR0011726835): Pop-Art-Comicszene mit einem stilisierten LNG-Tanker auf hoher See, Illustration mit AI erstellt.

GTT stock (ISIN FR0011726835) was trading at EUR 211.40 on Euronext Paris on October 6, 2026, down 0.75 percent from the prior close. The company announced on October 5 that GTT Energy had received an order from Samsung Heavy Industries for the tank design of four new LNG carriers, according to GTT.

Four carriers extend the order book

The Samsung contract adds to GTT's commercial visibility after the company reported a first-half 2026 order book of EUR 1.9 billion. The same period produced revenue of EUR 387.3 million, down 0.4 percent from the first half of 2025, while EBITDA reached EUR 263.6 million and the EBITDA margin stood at 68.1 percent, according to GTT.

Management maintained its 2026 objectives of EUR 760 million in revenue and EUR 510 million in EBITDA. The comparison matters because the first-half revenue figure represents 50.96 percent of the full-year revenue objective, giving the October 23 activity update a clear role in judging the pace of deliveries.

Analysts see limited upside

The analyst consensus remains Buy, based on 12 analysts, with an average target price of EUR 232.08, a high target of EUR 275.00 and a low target of EUR 183.00, according to MarketScreener. The average target lies 9.8 percent above the October 6 price of EUR 211.40.

Berenberg separately upgraded GTT from Hold to Buy on September 21, 2026 and raised its target from EUR 190.00 to EUR 245.00, as reported by Fintel. A key counter-factor is execution: delays in vessel construction schedules could affect the company's ability to meet its 2026 objectives.

October 23 is the next checkpoint

GTT's next scheduled company update is the 2026 third-quarter activity report on October 23, 2026, after the close of trading, according to GTT. The update can show whether the Samsung order and the wider LNG carrier pipeline are translating into the revenue and EBITDA objectives already maintained for the year.

GTT stock remains below its yearly high

At EUR 211.40 on October 6, 2026, GTT stock was EUR 15.60 below its 52-week high of EUR 227.00 and EUR 57.60 above its 52-week low of EUR 153.80. Market capitalization stood at EUR 7.8 billion, with 20,529 shares traded at the quoted time.