Thales stock falls 1.15 percent as Ireland orders five radars

Published on 10/04/2026 at 14:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Thales stock closed at EUR 222.70 on October 2, 2026, after Ireland ordered five radars. H1 sales rose 7.8 percent organically to EUR 10.9 billion.

Aquarellmalerei der Pariser La-Défense-Skyline mit Glastürmen im warmen Abendlicht — Zartes Aquarellbild der Pariser Bürolandschaft symbolisiert den Hauptsitz von Thales S.A. FR0000121329 im Abendlicht, Illustration mit AI erstellt.

Thales stock (ISIN FR0000121329) closed at EUR 222.70 on Euronext Paris on October 2, 2026, down 1.15 percent from the previous close. The latest company-linked order adds five air surveillance radars for Ireland, with first deliveries scheduled for 2027, according to Ideal Investisseur on October 2, 2026.

Ireland order expands radar reach

The contract covers four Ground Master 400 Alpha radars and one Ground Master 200 Multi Mission radar. The agreement was signed by Ireland's Department of Defence and France's Direction Generale de l'Armement, while the contract value was not disclosed in the report.

The order gives the radar business a concrete delivery milestone for 2027. It also arrives alongside Thales's first-half operating performance, where defense remained the largest growth contributor.

H1 sales rise 7.8 percent

In the first half of 2026, Thales generated EUR 10.9 billion in sales, up 7.8 percent organically year over year, according to Yahoo Finance in the July 23, 2026 earnings-call transcript. Order intake reached EUR 12.5 billion, a 22 percent organic increase, and adjusted net income rose 13 percent to EUR 990 million.

The outlook sets a second checkpoint. Thales confirmed 2026 organic sales growth of 6 percent to 7 percent, corresponding to EUR 23.3 billion to EUR 23.6 billion, with an adjusted EBIT margin target of 12.6 percent to 12.8 percent. The contrast between current sales growth and the full-year margin range leaves execution in the second half as the key operating test.

Consensus target stays above EUR 291

Investing.com reports a Buy consensus based on 19 analysts, with an average 12-month price target of EUR 291.68, a high of EUR 335 and a low of EUR 250. The average target lies 30.98 percent above the EUR 222.70 reference price.

Thales stock trades below recent levels

Thales stock closed at EUR 222.70 on Euronext Paris on October 2, 2026, with a daily volume of 251,906 shares and a market capitalization of EUR 45.9 billion. The 1.15 percent daily decline places the market focus on whether radar demand and first-half execution can offset pressure in weaker digital activities.