J.P. Morgan keeps EUR 16.00 target for Air France-KLM stock

Published on 10/06/2026 at 14:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 9.90 percent to EUR 9.30 billion. Air France-KLM stock costs EUR 11.36 on October 6, 2026 after EUR 11.25, plus 0.98 percent.

Unbeschriftetes Passagierflugzeug auf Rollfeld bei Sonnenuntergang, Air France-KLM SA — Realistisches Foto eines unbeschrifteten Passagierflugzeugs auf Rollfeld zeigt Air France-KLM SA FR0000031122 Luftfahrtbranche, Illustration mit AI erstellt.

Air France-KLM (ISIN FR001400J770) was trading at EUR 11.36 at Lang & Schwarz on October 6, 2026 at 2:44 p.m. CEST, up 0.98 percent versus the prior close of EUR 11.25. On October 5, 2026, J.P. Morgan maintained its Buy rating and set a EUR 16.00 price target, as Markets Insider reported.

J.P. Morgan targets EUR 16.00

The target stands 40.85 percent above the Lang & Schwarz price, using the same euro currency for both figures. J.P. Morgan's unchanged Buy view gives the latest analyst signal a clear numerical anchor, while the target remains separate from the live market quotation.

The broader analyst picture is more restrained. Boursorama lists a three-month consensus target of EUR 12.65 as of October 5, 2026, which implies 11.35 percent upside from EUR 11.36, and identifies Air France-KLM under ticker AF on Euronext Paris in the SBF 120.

Second-quarter revenue reaches EUR 9.30 billion

Air France-KLM reported second-quarter 2026 revenue of EUR 9.30 billion, an increase of 9.90 percent, according to Morningstar on September 16, 2026. Adjusted operating income fell by EUR 251.00 million to EUR 484.00 million, leaving the operating margin at 5.20 percent.

The same Morningstar analysis said adjusted recurring free cash flow reached EUR 928.00 million in the first half of 2026, an increase of EUR 148.00 million. That combination of higher revenue and lower adjusted operating income makes margin protection the key operating issue behind the valuation discussion.

November 5 results date

Boursorama lists November 5, 2026, for Air France-KLM's third-quarter results. The date gives the next scheduled checkpoint for revenue, operating income and capacity commentary after the second-quarter comparison showed growth alongside weaker operating income.

EUR 11.36 in afternoon trading

At Lang & Schwarz, Air France-KLM was trading at EUR 11.36 on October 6, 2026 at 2:44 p.m. CEST, compared with a prior close of EUR 11.25, putting the daily move at plus 0.98 percent. The 52-week range is EUR 8.37 to EUR 14.43, while market capitalization is EUR 3.0 billion as of October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of Air France-KLM stock.