GTT stock tracks 2026 targets after a new LNG carrier order

Published on 09/28/2026 at 11:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GTT stock was trading at EUR 219.00 on September 28, 2026, with a 0.09 percent gain. Its EUR 1.9 billion order book supports the 2026 revenue target.

LNG-Tanker mit sphärischen Kuppeln am Terminal in der Abenddämmerung — Gaztransport & Technigaz SA (FR0011726835): LNG-Tanker mit Membrantank-Kuppeln liegt abends am Terminal an, Illustration mit AI erstellt.

GTT (ISIN FR0011726835) was trading at EUR 219.00 on Euronext Paris on September 28, 2026, at 11:08 a.m. CEST, up 0.09 percent from the prior close of EUR 218.80. The immediate company catalyst is a new LNG carrier tank-design order announced on September 23, 2026.

New order adds to LNG backlog

According to GTT, GTT Energy received an order from Hudong-Zhonghua Shipbuilding for the tank design of an 18,700 cubic-meter LNG carrier. The contract links the September 23, 2026, announcement to the companys core business in cryogenic membrane containment systems.

The order arrives against a sizeable commercial base. Investing.com reported that GTTs order book stood at EUR 1.9 billion at the end of June 2026 and comprised 306 orders, including 272 LNG carriers.

Revenue target sets the benchmark

The same report said GTTs 2026 revenue guidance stood at EUR 740 million to EUR 780 million. The order book was expected to deliver EUR 300 million of revenue in the second half of 2026, followed by EUR 655 million in 2027 and EUR 603 million in 2028, according to company guidance cited by Barclays.

That comparison gives investors a practical measure for the September order: the company is converting a large contracted backlog across several reporting periods rather than relying on one vessel award. The October activity update is scheduled for October 23, 2026, after the close of trading, according to GTT.

Berenberg raises the valuation bar

Analyst sentiment also moved higher in September. TradingView reported on September 4, 2026, that Berenberg raised its GTT price target from EUR 190.00 to EUR 245.00. Fintel said the bank upgraded its recommendation from Hold to Buy on September 21, 2026.

At EUR 219.00, the reference price is EUR 26.00 below that EUR 245.00 target, a 10.61 percent gap. The valuation story therefore depends on sustained order conversion, while the stock remains below its EUR 227.00 52-week high.

GTT stock stays below its yearly high

GTT stock was trading at EUR 219.00 on Euronext Paris on September 28, 2026, at 11:08 a.m. CEST. Its 52-week range was EUR 153.80 to EUR 227.00, and market capitalization stood at EUR 8.1 billion.