Alten, FR0000071946

Oddo BHF raises target for Alten stock to EUR 115.00

Published on 10/06/2026 at 14:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue reached EUR 2.1 billion, up 1.20 percent year over year. Alten stock costs EUR 78.55 on October 6, 2026 after EUR 78.45.

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Alten (ISIN FR0000071946) is the subject of an Oddo BHF target increase from EUR 106.00 to EUR 115.00, reported by Ideal Investisseur on September 28, 2026. The outperform rating was confirmed, giving the latest analyst update a clear earnings backdrop.

Guidance rises to 1.90 percent

In its September 24, 2026 half-year release, Finanzwire reported that Alten lifted its fiscal 2026 organic-growth outlook to 1.70 percent to 1.90 percent. The same release schedules the next publication for October 27, 2026, after market close, covering third-quarter activity.

The target increase follows a first half in which revenue reached EUR 2.1092 billion, up 1.20 percent from EUR 2.0841 billion in the first half of 2025. France grew 4.40 percent to EUR 749.6 million, while international revenue declined 0.50 percent to EUR 1.3595 billion.

Margins improve faster than sales

Operating profit on activity rose 23.20 percent to EUR 187.3 million in the first half of 2026, lifting the margin from 7.30 percent to 8.90 percent. Operating profit increased 26.90 percent to EUR 158.3 million, while net income attributable to the group rose 37.80 percent to EUR 113.8 million.

Free cash flow reached EUR 104.3 million in the first half of 2026, up 33.00 percent from EUR 78.4 million a year earlier. The figures show a sharper profit response than the 1.20 percent revenue increase, which helps explain why analysts are concentrating on execution and margin recovery rather than sales growth alone.

Stock stays below its yearly high

Alten stock was trading at EUR 78.55 at Lang & Schwarz on October 6, 2026 at 2:38 p.m. CEST, plus 0.13 percent versus the prior close of EUR 78.45 on October 5, 2026. The price was 6.49 percent below the 52-week high of EUR 84.00, while the market capitalization stood at EUR 2.7 billion on October 6, 2026.

The combination of a higher analyst target and improved profitability leaves the October 27 activity update as the next quantified test for the revised outlook. Alten is listed on Euronext Paris and belongs to the SBF 120, CAC 50 IT and MIDCAP 100 indices, according to the September 24 release from Finanzwire.

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