Safran stock falls 0.51 percent while Bernstein lifts target to EUR 420

Published on 09/25/2026 at 15:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Safran stock traded at EUR 334.30 on September 24, 2026, after a 3.84 percent one-month decline. First-half margin reached 18.4 percent.

Photorealistic jet engine nacelle under aircraft wing, unbranded — Safran FR0000073272 photorealistic turbofan nacelle mounted under commercial aircraft wing on tarmac, Illustration mit AI erstellt.

Safran stock (ISIN FR0000073272) fell 0.51 percent to EUR 334.30 on Euronext Paris on September 24, 2026, with 434,337 shares traded. Bernstein raised its price target from EUR 410 to EUR 420 on September 22, keeping its outperform rating, according to Ideal Investisseur. The combination leaves the stock 20.42 percent below that target.

Targets rise while shares consolidate

The September 24 price stood inside the session range of EUR 329.30 to EUR 337.00 and gave Safran a market capitalization of EUR 139.853 billion. The stock was 3.84 percent lower over one month, while its 20-day moving average was EUR 331.69, according to Ideal Investisseur.

Bernstein's move followed JPMorgan's earlier target increase from EUR 430 to EUR 460, with a Buy rating, as reported by MarketScreener on September 10, 2026. The two target revisions point to a market debate centered on execution and valuation rather than a change in Safran's long-term aerospace demand profile.

First-half margin reaches 18.4 percent

Safran reported a record operating margin of 18.4 percent in the first half of 2026, compared with 17.0 percent in the first half of 2025. Aerospace propulsion margin rose to 24.5 percent from 23.3 percent, while LEAP engine deliveries reached 1,030, up 41 percent year over year, according to S and P Global Ratings on September 14, 2026. The margin comparison gives investors a concrete measure of operating leverage as engine production and aftermarket activity expand.

Safran also began a new share repurchase tranche worth up to EUR 375 million on September 21, 2026, with implementation scheduled no later than November 27, 2026. The transaction forms part of a EUR 5 billion buyback plan for 2025 through 2028, according to BFM Bourse on September 18, 2026.

Next sales update arrives October 23

Safran's next scheduled checkpoint is its third-quarter sales release on October 23, 2026, listed in the company's market calendar through Boursorama. Until then, the key measurable reference points are the EUR 334.30 share price, the 18.4 percent first-half margin and the EUR 420 Bernstein target.