Safran stock gets a EUR 420 target from Bernstein

Published on 10/04/2026 at 15:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Safran stock faces a EUR 420 Bernstein target after a EUR 410 target on September 22, 2026. H1 revenue reached EUR 17.6 billion, up 19 percent.

Watercolor of French aerospace facility beside airfield with aircraft taking off — Safran FR0000073272 watercolor painting of French aerospace industrial facility with departing aircraft contrails, Illustration mit AI erstellt.

Safran (ISIN FR0000073272) closed at EUR 330.10 on Euronext Paris on October 2, 2026, after gaining 0.95 percent during the session. The stock is 9.93 percent below its 52-week high of EUR 366.50, while MarketScreener reported on September 22, 2026, that Bernstein raised its price target from EUR 410 to EUR 420 and kept a Buy rating.

Bernstein lifts the target

The EUR 420 target gives the analyst action a concrete reference point against the October 2 share price. The revised target followed Safran's half-year performance and keeps the focus on execution in engines, aftermarket services and defense equipment.

Consensus data published by MarketScreener show an Outperform rating from 22 analysts, an average target of EUR 382.86, a high target of EUR 460 and a low target of EUR 257. The range shows a wide spread in expectations even though the central target remains above the latest Paris close.

H1 revenue rises 19 percent

Yahoo Finance reported Safran's H1 2026 figures, including EUR 17.6 billion of revenue, up 19 percent on a reported basis and more than 20 percent organically. Recurring operating income rose 29 percent to EUR 3.2 billion, producing an 18.4 percent operating margin.

The same H1 2026 transcript reported free cash flow of EUR 2.6 billion, up 43 percent, and earnings per share of EUR 4.63. Safran also raised its 2026 outlook, calling for revenue above EUR 36 billion and an improvement of EUR 300 million at the midpoint of recurring operating income guidance.

The main counter-factor is the French corporate surtax. Yahoo Finance reported that the charge is expected to have an impact of nearly EUR 500 million for the full year, including EUR 118 million in the second half.

Stock stays below its yearly high

Safran shares traded between EUR 325.70 and EUR 336.30 on October 2, 2026, with volume of 551,629 shares. Market capitalization stood at EUR 138.1 billion on the same date, giving the latest price a clear valuation context without changing the company's improving H1 operating picture.