GTT stock holds gains after analyst upgrade and strong half-year results

Published on 09/11/2026 at 12:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GTT stock closed at EUR 214.00 on Euronext Paris on September 10, 2026, near recent highs after a Buy rating upgrade at Berenberg. The company confirmed its 2026 objectives following a sharp rise in net profit in its latest half-year results.

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GTT stock (ISIN FR0011726835) closed at EUR 214.00 on Euronext Paris on September 10, 2026, keeping the liquefied natural gas technology specialist near the upper end of its recent trading range after a notable analyst upgrade and strong half-year figures.

Analyst upgrade supports valuation

According to Boursorama on September 4, 2026, GTT shares were lifted by an upgrade to a Buy recommendation at Berenberg, accompanied by an increase in the 12-month price target from EUR 190.00 to EUR 245.00.

This change implies a targeted upside of EUR 55.00 per share and reflects a higher confidence in the company’s earnings trajectory and order visibility in its core LNG containment business.

Half-year results confirm 2026 objectives

As Boursorama reported on September 6, 2026, GTT confirmed its objectives for 2026 after a marked increase in net profit in its latest half-year results, with net income rising sharply compared with the prior-year period.

In that half-year report for the first six months of 2026, GTT highlighted a robust increase in earnings driven by high activity in LNG carrier orders and services, underlining the strength of its backlog and the resilience of its licensing model.

Dividend and earnings expectations add visibility

Forward estimates compiled by Boursorama as of September 10, 2026, show consensus expectations for a dividend per share of EUR 9.23 in 2026, up from EUR 8.94 for 2025, indicating projected dividend growth of about 3.3 percent year on year.

The same overview points to an expected net profit per share of EUR 11.46 for 2026 versus EUR 11.20 in 2025, a planned increase of roughly 2.3 percent, while the price-earnings ratio is estimated to soften from 18.43 times 2025 earnings to 18.01 times 2026 earnings as profits rise.

Position within the CAC Next 20 index

GTT is a constituent of the CAC Next 20 index on Euronext Paris, placing the mid-cap engineering group alongside other significant French names just below the CAC 40 tier.

Index composition data from Euronext updated on September 11, 2026, list GTT with a share price of EUR 214.00 and a free-float market capitalization of EUR 17,825,343, placing the company firmly in the French mid-cap universe.

Stock performance and recent trading range

Per intraday and historical data shown by Boursorama, GTT shares closed at EUR 216.20 on September 4, 2026, before moving to EUR 220.00 on September 7, EUR 219.20 on September 8 and EUR 218.80 on September 9, and then EUR 214.00 on September 10, 2026.

Across these five latest completed sessions, the stock’s variation was minus 1.02 percent, indicating a modest pullback after earlier strength, while Boursorama also highlighted that GTT recorded the strongest intraday gain in the SBF 120 index on the session when it jumped 4.23 percent to EUR 216.80.

Risks and sector backdrop

For investors, the main risk factors around GTT relate to timing and volume of LNG carrier and floating storage orders, regulatory changes impacting ship efficiency requirements and potential delays in major liquefied natural gas projects that could affect the pace of newbuild demand.

Nevertheless, the latest half-year figures and the confirmation of 2026 objectives suggest that the company currently sees sufficient visibility in its order pipeline to sustain its revenue and earnings guidance.

GTT stock price snapshot

GTT stock last closed at EUR 214.00 on Euronext Paris on September 10, 2026, following a daily decline of 2.19 percent from the prior close, with the shares trading within a relatively tight range over the past week and supporting a free-float market capitalization of about EUR 17.8 million according to Euronext index data.