Jefferies reinstates Dassault Systèmes stock coverage at Underperform

Published on 10/02/2026 at 17:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies sets a EUR 16.00 target and Underperform rating on September 25, 2026. Dassault Systèmes stock costs EUR 20.56 versus EUR 20.59.

Architectural render of sinuous glass-steel research building with organic curves at sunset — Dassault Systèmes FR0014003TT8 futuristic research campus with organic glass-steel curves at golden hour, Illustration mit AI erstellt.

Dassault Systèmes (ISIN FR0014003TT8) was trading at EUR 20.56 at Lang & Schwarz on October 2, 2026 at 5:07 p.m. CEST, down 0.15 percent versus the prior close of EUR 20.59. According to Markets Insider on September 25, 2026, Jefferies reinstated coverage with an Underperform rating and a EUR 16.00 price target.

Jefferies sees a low-growth cycle

Jefferies analyst Charles Brennan said the software group was stuck in a low-growth cycle and pointed to the need for greater customer investment as artificial intelligence creates potential new entrants, the report said.

The EUR 16.00 target sits 22.18 percent below the Lang & Schwarz price. That gap gives the rating a more cautious frame than the unchanged daily move, while the market capitalization stood at EUR 27.1 billion on October 2, 2026.

First-half revenue fell 1.00 percent

According to Ideal Investisseur, Dassault Systèmes reported EUR 3.1 billion of revenue for the first half of 2026, down 1.00 percent from the comparable period. Net income for the same period was EUR 611.8 million.

The company also confirmed a 2026 revenue objective of EUR 6.356 billion. Its investor-relations page identifies the July 23, 2026 half-year results and the acquisition of ArisGlobal as key company announcements, linking the near-term debate to both organic growth and expansion in life sciences.

Stock sits below its yearly high

The stock was 32.28 percent below its EUR 30.36 52-week high and EUR 4.74 above its EUR 15.82 52-week low on October 2, 2026. The distance from the yearly high shows why Jefferies' target remains below the current quote even though the company has maintained its full-year revenue objective.

Dassault Systèmes is listed on Euronext Paris and belongs to the CAC 40. The latest company calendar on the investor-relations page lists third-quarter 2026 results for October 28, 2026, giving investors a defined date for the next reported operating update.

Next test is October 28

At Lang & Schwarz, Dassault Systèmes was trading at EUR 20.56 on October 2, 2026 at 5:07 p.m. CEST, down 0.15 percent versus the EUR 20.59 prior close. The further course of trading is shown by the continuously updated real-time quote of Dassault Systèmes stock.