Safran stock gains 0.95 percent as Bernstein lifts target

Published on 10/03/2026 at 23:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Safran stock closed at EUR 330.10 on October 2, 2026, while Bernstein raised its target from EUR 410 to EUR 420. H1 revenue reached EUR 17.6 billion, up 19 percent.

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Safran (ISIN FR0000073272) stock closed at EUR 330.10 on Euronext Paris on October 2, 2026, up 0.95 percent. Bernstein Research raised its price target from EUR 410 to EUR 420 on September 21, 2026, while maintaining its Outperform rating, according to Wallstreet Online.

Bernstein raises target to EUR 420

The revised target adds EUR 10 to Bernstein's previous view and gives the analyst call a clear numerical anchor. Safran's share price remained below that target after the October 2 close, leaving the market response tied to both earnings execution and valuation.

The target revision followed a period of strong operating delivery. It also came as Safran continued to benefit from demand for aircraft engines, aftermarket services and defense electronics.

H1 revenue rises 19 percent

In its July 28, 2026 H1 results call, Safran reported revenue of EUR 17.6 billion, up 19 percent on a reported basis and more than 20 percent organically, according to Yahoo Finance.

Recurring operating income increased 29 percent to EUR 3.2 billion, lifting the H1 operating margin to 18.4 percent. Free cash flow rose 43 percent to EUR 2.6 billion, while net income attributable to the parent reached EUR 1.9 billion and earnings per share stood at EUR 4.63.

Guidance upgrade meets capital return

Safran raised its 2026 outlook during the H1 call, targeting revenue above EUR 36 billion and improving recurring operating income guidance by EUR 300 million at the midpoint. The company also lifted free cash flow guidance by EUR 300 million at the midpoint.

Capital allocation adds a separate support factor. On September 18, 2026, Safran announced a share buyback tranche worth up to EUR 375 million for cancellation, running from September 21 through November 27, 2026, according to WebDisclosure.

Safran stock stays below yearly high

At EUR 330.10 on Euronext Paris on October 2, 2026, Safran stock stood 8.4 percent below its 52-week high of EUR 360.50 and above its 52-week low of EUR 270.00. The price context puts the analyst target and the upgraded outlook in the same frame without turning either into a recommendation.