Safran stock trades at EUR 339.45 as buyback plan advances

Published on 09/30/2026 at 09:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Safran stock was at EUR 339.45 at Lang & Schwarz on September 30, 2026, up 0.98 percent versus EUR 336.15. H1 revenue rose 16.8 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) was trading at EUR 339.45 at Lang & Schwarz on September 30, 2026, up 0.98 percent versus the prior close of EUR 336.15. The aerospace and defense group is extending a EUR 5 billion share buyback plan while its 2026 guidance points to higher operating income and free cash flow.

Guidance moves higher

Safran reported EUR 17.245 billion in first-half 2026 revenue, up 16.8 percent year over year, alongside EUR 3.410 billion of EBITDA and EUR 1.750 billion of net income, according to Ideal Investisseur in its September 11, 2026 report.

The company raised its 2026 adjusted recurring operating income guidance to EUR 6.4 billion to EUR 6.5 billion from EUR 6.1 billion to EUR 6.2 billion. Adjusted free cash flow guidance also moved to EUR 4.7 billion to EUR 4.9 billion from EUR 4.4 billion to EUR 4.6 billion, while the revenue growth target was set at 15 percent, Ideal Investisseur reported on September 11, 2026. The guidance change makes cash generation a central checkpoint for the next update.

Buyback supports capital returns

Safran announced a EUR 375 million tranche for share cancellation from September 21 through November 27, 2026, within its EUR 5 billion buyback program planned for 2025 to 2028, according to MarketScreener on September 18, 2026. The company had already executed EUR 2.275 billion of the broader authorization at that date.

Analyst target reaches EUR 460

JPMorgan raised its Safran price target from EUR 430.00 to EUR 460.00 and retained an Overweight rating on September 10, 2026, according to Boursorama. Its thesis centers on the CFM56 aftermarket cycle and the growing maturity of the LEAP engine fleet.

Q3 sales date is set

Safran's next scheduled checkpoint is its Q3 2026 sales release on October 23, 2026, according to MarketScreener. That update will test whether first-half revenue growth and the higher cash flow targets are carrying into the second half.