Santander sets MXN 335 target for Pinfra stock

Published on 10/16/2026 at 10:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Pinfra stock was at EUR 14.50 at Lang & Schwarz on October 16, 2026. Santander set an MXN 335 target on September 23, 2026.

Operating scale and reporting date

Santander began coverage with an MXN 335 target on September 23, 2026.
Second-quarter 2026 sales reached MXN 6.08 billion, up 23.20 percent year over year.
Pinfra stock trades at EUR 14.50 at 10:03 a.m. CEST at Lang & Schwarz on October 16, 2026.
MarketBeat estimates the next earnings announcement for October 22, 2026.

Pinfra, MX01PI000005, Illustration mit AI erstellt.

Pinfra (ISIN MX01PI000005) was trading at EUR 14.50 at Lang & Schwarz on October 16, 2026, at 10:03 a.m. CEST. Santander began coverage on September 23, 2026, with an Outperform rating and an MXN 335 price target, according to El Heraldo de Mexico.

Santander sees expansion potential

The analyst view rests on Pinfra's concession portfolio and six infrastructure projects in different construction stages. The projects are expected to enter operation between 2025 and 2027, while Santander identified risks including slower Mexican economic growth, delays in real toll increases and competition from alternative roads, the source reported on September 23, 2026.

Pinfra's concession business represented 67 percent of consolidated revenue in the second quarter of 2026 and grew 4 percent from the same period of 2025, according to the report. The company operates toll roads, bridges and other infrastructure projects in Mexico.

What does the target depend on?

Second-quarter 2026 sales reached MXN 6.08 billion, compared with MXN 4.93 billion a year earlier, while net income fell to MXN 1.77 billion from MXN 2.14 billion, Simply Wall St reported on September 22, 2026. The comparison leaves traffic, concession growth and project execution as the main operating measures behind the valuation.

The next report is scheduled

MarketBeat estimates that Pinfra will announce its next earnings on October 22, 2026, after the market closes. Its listed consensus calls for USD 0.28 in earnings per share and USD 298.68 million in revenue, figures that are estimates rather than reported results.

BMV valuation stays in view

Pinfra operates 26 roads and reported average daily traffic of 308,675 vehicles on its company profile. Its BMV market capitalization was MXN 114.1 billion as of October 15, 2026, and its 52-week range was MXN 226.13 to MXN 317.99. The company describes its business as a combination of concessions, construction and manufacturing.

Pinfra stock was trading at EUR 14.50 at Lang & Schwarz on October 16, 2026, at 10:03 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Pinfra stock.