Thales wins Faroe radar order and Thales stock costs EUR 223.30

Published on 10/13/2026 at 09:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue rose 6.70 percent to EUR 10.95 billion. Thales stock was at EUR 223.30 on October 13, 2026 at a EUR 45.7 billion value.

Key points in brief

Thales won a Danish radar order for the Faroe Islands on October 7, 2026, with installation due within six months.
First-half 2026 revenue reached EUR 10.95 billion, up 6.70 percent year over year.
Thales stock was at EUR 223.30 at Lang & Schwarz on October 13, 2026, while market capitalization stood at EUR 45.7 billion on October 12, 2026.
Oddo BHF cut its Thales target from EUR 305.00 to EUR 288.00 while keeping an outperform view.

Fotorealistische Fertigungsanlage für Luftfahrtelektronik mit Radarkuppeln auf dem Dach — Fotorealistische Aufnahme einer Luft- und Verteidigungselektronik-Anlage zeigt Thales S.A. FR0000121329 als führenden Technologiekonzern, Illustration mit AI erstellt.

Thales (ISIN FR0000121329) was trading at EUR 223.30 at Lang & Schwarz on October 13, 2026 at 9:01 a.m. CEST. On October 7, 2026, Denmark selected Thales to supply and deploy an RSM NG surveillance radar in the Faroe Islands, with installation due within six months, Nordic Defence Watch reported.

Faroe radar due within six months

The RSM NG will replace an existing Thales RSM 970 radar at Sornfelli and support both civil air traffic operations and military surveillance. Nordic Defence Watch said air traffic control services will continue during the changeover.

Three events reset the picture

On September 29, 2026, Thales decided on a EUR 1.05 interim dividend for fiscal 2026, according to Ideal Investor. On October 2, 2026, the company was reported to be supplying five air surveillance radars to Ireland, while first-half revenue reached EUR 10.95 billion, up 6.70 percent year over year, Ideal Investor reported. The October 7 Faroe Islands radar order is the most recent of the three events.

What does the order add?

The contract adds another operational reference to a defense backlog that is already supported by several radar programs, but the source did not disclose a contract value. Management guidance cited by Ideal Investor calls for fiscal 2026 revenue of EUR 23.60 billion and an adjusted EBIT margin between 12.60 percent and 12.80 percent. The combination of 6.70 percent first-half revenue growth and the margin range makes execution on the second-half order pipeline the central operating measure.

Analyst context is more cautious on valuation. On October 1, 2026, Oddo BHF kept an outperform view but cut its target from EUR 305.00 to EUR 288.00, according to Ideal Investor. The target revision leaves the order news as an operational positive while putting more weight on delivery and margin conversion.

October 22 results date

Thales is scheduled to publish third-quarter revenue on October 22, 2026, according to the Euronext Paris company calendar presented by Boursorama.

Stock stays below its yearly high

Thales stock was trading at EUR 223.30 at Lang & Schwarz on October 13, 2026 at 9:01 a.m. CEST, while its market capitalization was EUR 45.7 billion and its 52-week range was EUR 211.90-EUR 274.20 as of October 12, 2026. The further course of trading is shown by the continuously updated real-time quote of Thales stock.