Jefferies keeps Hold on Safran stock with EUR 340 target

Published on 10/09/2026 at 12:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached EUR 17.25 billion. Safran stock costs EUR 312.85 on October 9, 2026, plus 0.85 percent versus EUR 310.20.

Key points in brief

Jefferies kept a Hold rating and a EUR 340.00 price target for Safran on October 9, 2026.
Safran reported EUR 17.25 billion in quarterly revenue and EUR 1.75 billion in net income for the quarter ending June 30, 2026.
The stock was trading at EUR 312.85 at Lang & Schwarz on October 9, 2026, plus 0.85 percent versus the EUR 310.20 prior close.
Safran's next scheduled event is third-quarter 2026 revenue on October 23, 2026.

Photorealistic jet engine nacelle under aircraft wing, unbranded — Safran FR0000073272 photorealistic turbofan nacelle mounted under commercial aircraft wing on tarmac, Illustration mit AI erstellt.

Safran (FR0000073272) was trading at EUR 312.85 at Lang & Schwarz on October 9, 2026 at 12:44 p.m. CEST, up 0.85 percent from the EUR 310.20 prior close. Jefferies kept its Hold rating and EUR 340.00 price target for Safran in a study dated October 9, 2026, putting the upcoming third-quarter update at the center of the assessment.

Safran enters results with support

According to finanzen.ch on October 9, 2026, analyst Chloe Lemarie expected solid service activity in the third quarter while leaving the Hold rating and EUR 340.00 target unchanged. The same analysis pointed to possible increases in Safran's annual forecasts, while cautioning that a tougher comparison base could limit upside in aftermarket operations during the fourth quarter.

Markets Insider reported on October 8, 2026 that Safran posted quarterly revenue of EUR 17.25 billion and net income of EUR 1.75 billion for the quarter ending June 30, 2026. Those figures give the next revenue release a clear operating benchmark rather than leaving the market to judge the update on the stock move alone.

Three dated operating signals

On July 28, 2026, Safran presented its first-half 2026 results, with the reporting period confirmed by Safran and the quarterly figures reported by Markets Insider. On October 1, 2026, Safran said it planned to double turbojet production capacity in Texas for missile and drone demand, according to BFM Bourse. On October 9, 2026, Jefferies set the latest operating test at a 13.00 percent organic-growth expectation for the third quarter, with maintenance and spare parts as key contributors.

What does the EUR 340 target imply?

The EUR 340.00 target lies 8.68 percent above the EUR 312.85 Lang & Schwarz price. That gap is smaller than the distance to the average analyst target of EUR 389.00 reported by Boursorama on October 7, 2026, although the average is a consensus measure rather than Jefferies' individual view.

Next dates are already set

Safran's finance calendar lists October 23, 2026 for third-quarter 2026 revenue and February 9, 2027 for fiscal-year 2026 results, according to Safran. The October release will test whether the service trend described by Jefferies translates into the revenue trajectory investors are using for the full year.

Stock holds above the prior close

Safran was trading at EUR 312.85 at Lang & Schwarz on October 9, 2026 at 12:44 p.m. CEST, plus 0.85 percent versus the EUR 310.20 prior close. The further course of trading is shown by the continuously updated real-time quote of Safran stock.