Thales advances HYDIS work: Thales stock has EUR 47.5 billion value

Published on 10/20/2026 at 10:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Thales held the seventh HYDIS meeting on October 14, 2026. Thales stock costs EUR 231.50 on October 20, 2026 and market cap is EUR 47.5 billion.

HYDIS progress and valuation

The HYDIS consortium held its seventh progress meeting on October 14, 2026.
Bank of America raised its Thales target from EUR 312.00 to EUR 315.00 on October 13, 2026.
Thales stock trades at EUR 231.50 at 10:00 a.m. CEST at Lang & Schwarz on October 20, 2026.

Bauhaus-Poster mit geometrischen Formen, Radarwellen-Motiv und Schriftzug DEFENSE in Rot-Blau — Geometrisches Bauhaus-Poster mit Radar-Motiv und Sektor-Schriftzug DEFENSE steht sinnbildlich für Thales S.A. FR0000121329, Illustration mit AI erstellt.

Thales (ISIN FR0000121329) has advanced the HYDIS European interceptor program while its stock carries a EUR 47.5 billion market value as of October 20, 2026. MarketScreener reported on October 15, 2026 that the consortium was preparing its Preliminary Requirements Review after its seventh progress meeting on October 14.

HYDIS work moves toward review

The program covers a European counter-hypersonic and anti-ballistic interceptor. Thales Netherlands supported radar concept definition and simulation work for both naval and ground applications, with the next phase dependent on successful completion of the review, according to MarketScreener.

Bank target reaches EUR 315

The latest analyst catalyst came on October 13, 2026, when Bank of America lifted its Thales target from EUR 312.00 to EUR 315.00 while keeping its buy recommendation, Le Revenu reported. The new target is EUR 83.50 above the Lang & Schwarz price, but that comparison uses different currencies only when both values are in euros and does not represent a forecast by this article.

Three dates frame Thales

On September 30, 2026, Thales announced an interim dividend of EUR 1.05 per share for fiscal year 2026. On October 13, 2026, Bank of America raised its target from EUR 312.00 to EUR 315.00. On October 15, 2026, the company disclosed further HYDIS progress after the seventh meeting, according to 6ix and MarketScreener.

What does the next update test?

Thales is scheduled to publish its third-quarter 2026 sales and revenue update on October 22, 2026, according to Borse Express. The October 16, 2026 consensus from 18 brokerages put nine-month 2026 sales at EUR 16.328 billion versus EUR 15.256 billion for nine-month 2025, a 7.03 percent increase, and forecast full-year adjusted EBIT of EUR 3.035 billion with a 12.70 percent margin, 6ix reported.

Stock price in the afternoon session

Thales stock was trading at EUR 231.50 at Lang & Schwarz on October 20, 2026 at 10:00 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Thales stock.