JPMorgan keeps EUR 45 target for Renault stock
Published on 10/21/2026 at 09:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and financial progress
- JPMorgan maintained its Buy rating and EUR 45.00 target on October 19, 2026.
- Renault reported EUR 30.3 billion in first-half revenue on July 30, 2026.
- Renault stock trades at EUR 27.46 at 9:45 a.m. CEST at Lang & Schwarz on October 21, 2026.
Renault (ISIN FR0000131906) was trading at EUR 27.46 at Lang & Schwarz on October 21, 2026, while JPMorgan kept its EUR 45.00 target and Buy rating for the stock on October 19, 2026. The target stands 63.88 percent above the Lang & Schwarz price.
Three dated signals for Renault
On July 30, 2026, Renault Group reported first-half revenue of EUR 30.252 billion, net income of EUR 705.0 million and free cash flow of EUR 653.0 million. On October 12, 2026, Ideal Investisseur reported that Jefferies cut its target from EUR 32.00 to EUR 30.00 and Citi reduced its target from EUR 38.00 to EUR 35.00. On October 19, 2026, MarketScreener reported that JPMorgan maintained its Buy rating and EUR 45.00 target.
What does EUR 45 mean for valuation?
The JPMorgan target is 63.88 percent above the EUR 27.46 Lang & Schwarz price, creating a clear gap between the current quotation and the bank's valuation. That comparison sits against a mixed analyst picture: Jefferies and Citi lowered their targets on October 12, 2026, while JPMorgan retained its more constructive stance.
Revenue growth meets margin pressure
Renault's first-half revenue of EUR 30.252 billion was 9.50 percent higher than in the first half of 2025, according to the group's financial update. The same period produced EUR 705.0 million in net income and EUR 653.0 million in free cash flow. These figures give the target debate an operating base rather than a purely technical argument.
The company also maintained its full-year outlook in an October 9, 2026 update, with operating margin expected near 5.00 percent and free cash flow targeted at EUR 1.0 billion, as Investing.com reported. The counterweight is execution: wholesale and retail volumes were reported to be declining 6.00 percent to 7.00 percent during the update.
Stock valuation in context
Finance data put Renault's market capitalization at EUR 7.9 billion on October 21, 2026. The 52-week range was EUR 24.38 to EUR 37.97, placing the current EUR 27.46 quotation EUR 10.51 below the high and EUR 3.08 above the low. Renault is listed on Euronext Paris and is a CAC 40 constituent.
For investors, the central question is whether Renault can convert first-half cash generation into the margin and free-cash-flow targets for the full year. JPMorgan's EUR 45.00 target reflects a more optimistic view than the recent cuts from Jefferies and Citi, while the current price remains inside the year's established range.
Renault stock snapshot
Renault was trading at EUR 27.46 at Lang & Schwarz on October 21, 2026 at 9:45 a.m. CEST. The 52-week range was EUR 24.38 to EUR 37.97 on October 21, 2026.
The further course of trading is shown by the continuously updated real-time quote of Renault stock.
Renault stock facts
- Company: Renault S.A.
- ISIN: FR0000131906
- Ticker: RNO
- Primary exchange: Euronext Paris
- Price Lang & Schwarz (as of October 21, 2026, 9:45 a.m. CEST): EUR 27.46
- Market capitalization: EUR 7.9 billion (as of October 21, 2026)
- 52-week range: EUR 24.38-EUR 37.97 (as of October 21, 2026)
- Sector / Industry: Consumer Cyclical / Auto - Manufacturers
- Index membership: CAC 40
Market context: Market report CAC 40.
