Morgan Stanley raised target for Edenred stock from EUR 34 to EUR 35

Published on 10/09/2026 at 11:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

At EUR 28.19 on October 9, 2026, Edenred stock stood above EUR 27.72 by 1.70 percent. Third-quarter revenue is due October 21, 2026.

Key points in brief

Morgan Stanley raised its Edenred price target from EUR 34.00 to EUR 35.00 on September 21, 2026, while keeping an Overweight rating.
Edenred stock was trading at EUR 28.19 at Lang & Schwarz on October 9, 2026, up 1.70 percent versus the prior close.
The company is scheduled to publish third-quarter revenue on October 21, 2026.
Edenred raised its fiscal 2026 EBITDA guidance to EUR 1.230 billion to EUR 1.270 billion after its first-half results.

Edenred SE, FR0010908533, Illustration mit AI erstellt.

Edenred (ISIN FR0010908533) was trading at EUR 28.19 at Lang & Schwarz on October 9, 2026 at 11:07 a.m. CEST, up 1.70 percent versus the prior close of EUR 27.72 on October 8, 2026. According to MarketScreener on September 21, 2026, Morgan Stanley raised its Edenred target from EUR 34.00 to EUR 35.00 and maintained an Overweight rating.

What does the target change imply?

Morgan Stanley's target increase came alongside lower financial estimates. The bank cut its 2026 to 2028 revenue and recurring operating profit estimates by nearly 2 percent, while the average reduction to earnings per share estimates was 1.50 percent, according to MarketScreener.

For fiscal 2026, Morgan Stanley expected EBITDA of EUR 1.251 billion and organic growth of minus 8 percent. That forecast sits within Edenred's guidance range of EUR 1.230 billion to EUR 1.270 billion, a decline of 7 percent to 10 percent, according to MarketScreener.

Three dated milestones and figures

On May 29, 2026, Edenred announced a EUR 50.0 million share buyback program, which was reported as nearly complete by October 1, 2026 by Ideal Investisseur. On July 23, 2026, the first-half update lifted the fiscal-year EBITDA outlook to EUR 1.250 billion, according to the same report. On September 21, 2026, Morgan Stanley raised its target to EUR 35.00 from EUR 34.00.

What dates matter next?

Edenred's next scheduled company event is the third-quarter revenue release on October 21, 2026, according to Edenred. The Paris-listed company provides digital payment and employee-benefit solutions across 44 countries and serves more than 60 million users, according to the company website.

Stock price and valuation context

Edenred's 52-week range was EUR 15.23 to EUR 30.85 as of October 8, 2026, while market capitalization stood at EUR 6.5 billion. The October 9 quote remains EUR 2.66 below that 52-week high, a gap of 8.62 percent calculated against the high.

The further course of trading is shown by the continuously updated real-time quote of Edenred stock.