Santander sets MXN 335 target for Pinfra stock

Published on 10/19/2026 at 09:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Santander began coverage on September 23, 2026. Pinfra stock posted MXN 6.08 billion in second-quarter revenue.

Coverage and operating milestones

Santander began coverage on September 23, 2026.
Second-quarter revenue reached MXN 6.08 billion in 2026.
Pinfra stock last stood at EUR 13.60 in Frankfurt on October 16, 2026.

Pinfra, MX01PI000005, Illustration mit AI erstellt.

Pinfra (MX01PI000005) received a MXN 335.00 price target when Santander began coverage on September 23, 2026, with an Outperform recommendation, as El Heraldo de Mexico reported. The call puts Pinfra's concession portfolio at the center of the stock story.

What supports the target?

Santander's case includes six infrastructure projects in different construction stages and a focus on extending existing concessions. The same report identified risks from slower Mexican economic growth, political uncertainty, competing routes and delays in real toll increases.

The operating figures provide a mixed but substantial base. Revenue reached MXN 6.08 billion in the second quarter of 2026, compared with MXN 4.93 billion a year earlier, while net income declined from MXN 2.14 billion to MXN 1.77 billion, according to Simply Wall St. The revenue increase therefore came alongside lower net income.

Three dates shape the story

On June 30, 2026, Pinfra closed its second quarter with MXN 6.08 billion in revenue and MXN 1.77 billion in net income. On September 23, 2026, Santander initiated coverage with a MXN 335.00 target. On October 16, 2026, Pinfra's BMV close was MXN 296.21, down 1.29 percent in the quoted Mexican market data.

When are the next figures due?

MarketBeat lists October 28, 2026 as the estimated next earnings date, after the market closes.

Stock context for investors

Pinfra operates toll roads, port projects and construction activities in Mexico. Its company profile lists 26 roads, average daily traffic of 308,675 vehicles and 112.7 million vehicles for 2024, according to Pinfra. The last available euro quote stood at EUR 13.60 in Frankfurt on October 16, 2026 at 5:33 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Pinfra stock.