IAG, ES0177542018

International Consolidated Airlines Group stock trades at EUR 5.16 as fuel costs test margins

Published on 09/30/2026 at 12:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

International Consolidated Airlines Group stock has a GBp 550.00 Bernstein target dated September 28, 2026. H1 revenue rose 1.00 percent, while profit fell 6.40 percent.

Fotorealistisches Flugzeug am Gate bei Sonnenuntergang, Symbolbild Luftfahrt — International Consolidated Airlines Group S.A. (ES0177542018): fotorealistisches Flugzeug am Gate im goldenen Abendlicht dargestellt, Illustration mit AI erstellt.

International Consolidated Airlines Group stock (ISIN ES0177542018) was trading at EUR 5.16 at Lang & Schwarz on September 30, 2026 at 12:34 p.m. CEST, up 0.78 percent from the prior close of EUR 5.12. The latest analyst view keeps fuel costs at the center of the airline group's investment case.

Bernstein keeps 550p target

According to finanzen.ch on September 28, 2026, Bernstein Research maintained an Outperform rating and a GBp 550.00 price target for IAG. Analyst Alex Irving cited demand on long-haul routes and stable North Atlantic pricing, while identifying jet-fuel costs as a counter-factor.

The GBp 550.00 target is 6.59 percent above the EUR 5.16 Lang & Schwarz price only as a directional cross-market reference, so the currencies and venues should not be treated as one direct return calculation. Bernstein's published target is denominated in pence, whereas the reference quotation in this article is in euros.

Fuel pressure cuts H1 profit

IAG's six months to June 30, 2026, produced revenue of EUR 16.064 billion, up 1.00 percent year over year, while operating profit before exceptional items fell 6.40 percent to EUR 1.757 billion, according to Aviation Intelligence.

The H1 operating margin was 10.90 percent, and passenger numbers reached 57.93 million, up 0.20 percent. Net debt stood at EUR 4.7 billion on June 30, 2026, while free cash flow reached EUR 2.91 billion, up EUR 808.00 million year over year.

Next results set for November

The same H1 2026 review lists November 6, 2026, as the date for IAG's third-quarter results. That release should show whether pricing and cost actions can offset the fuel burden while the group's 2026 capacity plan stays flat year over year.

Stock holds near yearly midpoint

At Lang & Schwarz, IAG's EUR 5.16 price stood above the September 29, 2026 prior close of EUR 5.12 by EUR 0.04. The London-listed shares had a GBp 332.70 to GBp 492.90 52-week range as of September 29, 2026, while the company's market capitalization was GBP 19.4 billion on September 30, 2026.