JPMorgan raises target for Orange stock from EUR 22.50 to EUR 22.60
Published on 10/12/2026 at 09:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- JPMorgan raised its Orange target from EUR 22.50 to EUR 22.60 on October 7, 2026, retaining an Overweight rating.
- Orange reported EUR 20.948 billion in first-half 2026 revenue and EUR 3.206 billion in net income.
- Orange stock was trading at EUR 13.90 at Lang & Schwarz on October 12, 2026 at 9:46 a.m. CEST.
- Third-quarter results are scheduled for October 27, 2026, while the ex-dividend date is December 1, 2026.
JPMorgan raised its price target for Orange stock from EUR 22.50 to EUR 22.60 on October 7, 2026, while keeping its Overweight rating, according to Markets Insider. The modest target increase contrasts with Orange stock trading at EUR 13.90 at Lang & Schwarz on October 12, 2026 at 9:46 a.m. CEST.
Analysts split on Orange
The October 7 revisions left a wide gap between the two published targets. Barclays cut its target from EUR 16.50 to EUR 15.50 while retaining an inline weighting, whereas JPMorgan lifted its target by EUR 0.10 and stayed Overweight, according to Ideal Investor.
Orange had reported EUR 20.948 billion in revenue for the first half of 2026, up 5.50 percent, and EUR 3.206 billion in net income. The same report identified Orange Business as a counterweight, with revenue down 3.10 percent for the period.
Three dated operating signals
On July 28, 2026, Orange published first-half results showing EUR 20.948 billion in revenue and EUR 3.206 billion in net income, as reported by Ideal Investor. On September 29, Orange Business was selected to provide a European Union backbone network, while Orange served 340 million customers across 26 countries at the end of 2025, according to Orange. On October 7, Orange Business received a second SecNumCloud qualification, expanding Cloud Avenue to two complementary trusted-cloud environments, according to Orange.
What comes next for results?
Orange's next quarterly results are scheduled for October 27, 2026, while the ex-dividend date is December 1, 2026, according to Yahoo Finance. The upcoming report will test whether the first-half revenue growth rate and the company's raised annual objectives can support the more optimistic analyst view.
Orange stock remains below yearly high
Orange stock was trading at EUR 13.90 at Lang & Schwarz on October 12, 2026 at 9:46 a.m. CEST. The 52-week range was EUR 13.43 to EUR 18.81 as of October 9, 2026, while market capitalization stood at EUR 36.9 billion as of October 12, 2026. The further course of trading is shown by the continuously updated real-time quote of Orange stock.
Orange stock facts
- Company: Orange S.A.
- ISIN: FR0000133308
- Ticker: ORA
- Primary exchange: Euronext Paris
- Price Lang & Schwarz as of October 12, 2026, 9:46 a.m. CEST: EUR 13.90
- Market capitalization: EUR 36.9 billion (as of October 12, 2026)
- 52-week range: EUR 13.43-EUR 18.81 (as of October 9, 2026)
- Sector / Industry: Communication Services / Telecommunications Services
- Index membership: CAC 40
- Next earnings date: October 27, 2026
Market context: Market report CAC 40.

