Safran stock reflects higher guidance as Texas capacity expands

Published on 10/04/2026 at 14:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Safran stock was last quoted at EUR 330.10 on October 2, 2026, with a daily change of +0.95 percent. H1 revenue rose 20 percent organically and 2026 guidance tops EUR 36 billion.

B&W reportage photo of technician inspecting jet engine fan blades in hangar — Safran FR0000073272 black-and-white technician in hard hat inspecting turbine blades in maintenance hangar, Illustration mit AI erstellt.

Safran stock (ISIN FR0000073272) was last quoted at EUR 330.10 on Euronext Paris on October 2, 2026 at 5:35 p.m. CEST, with a daily change of +0.95 percent. The market backdrop now combines a higher 2026 outlook with another capacity expansion in the United States.

Texas expansion adds industrial capacity

MilitaryLeak reported on October 3, 2026, that Safran Power Units plans to double production capacity at its Grand Prairie, Texas, facility. The plant produces turbojet engines for missiles and drones, including the TR40 engine family, and the additional capacity is scheduled to come onstream in 2028.

The report said demand for the TR40 family has quadrupled in recent years. That gives the expansion a measurable industrial rationale, although the revenue effect belongs to a later investment phase rather than the current reporting period.

First-half margins support guidance

Safran's first-half 2026 revenue reached EUR 17.6 billion, up 20 percent organically, while recurring operating income rose 29 percent to EUR 3.2 billion. The adjusted operating margin reached 18.4 percent, and free cash flow increased 43 percent to EUR 2.6 billion, according to Yahoo Finance in the July 28, 2026 earnings-call transcript.

Management raised its 2026 outlook during that call. Revenue is expected to rise in the mid-teens to above EUR 36 billion, while recurring operating income guidance improved by EUR 300 million at the midpoint and free cash flow guidance also improved by EUR 300 million.

Consensus target stays above the quote

The analyst consensus published by MarketScreener lists an Outperform rating from 22 analysts and an average price target of EUR 382.86. Against the EUR 330.10 reference price, that target lies 15.98 percent above the quote.

The same overview records JP Morgan's Buy rating and a price-target increase from EUR 430 to EUR 460. Separately, Bernstein raised its target from EUR 410 to EUR 420 on September 22, 2026, while retaining an Outperform rating, according to Wallstreet Online.

Safran stock holds a 2026 checkpoint

Safran's reference quote of EUR 330.10 on Euronext Paris on October 2, 2026 came with 551,629 shares traded and a market capitalization of EUR 138.1 billion. The next scheduled company checkpoint is third-quarter revenue on October 23, 2026.