Alten stock sits 36.90 percent below Oddo BHF's EUR 115.00 target
Published on 10/17/2026 at 22:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSValuation and upcoming results
- On September 28, 2026, Oddo BHF's target for Alten stood at EUR 115.00, 36.90 percent above the share price.
- ALTEN's first-half 2026 revenue rose 1.20 percent to EUR 2.1 billion.
- Alten stock last stood at EUR 84.00 at 5:35 p.m. CEST on October 16, 2026, down 0.47 percent on Euronext Paris.
- Third-quarter activity is scheduled for October 27, 2026, after the market closes.
Alten (ISIN FR0000071946) sits 36.90 percent below Oddo BHF's EUR 115.00 target, based on a September 28, 2026 note reported by ABC Bourse. Alten last stood at EUR 84.00 on Euronext Paris on October 16, 2026 at 5:35 p.m. CEST, down 0.47 percent from the prior close of EUR 84.40.
Revenue and margins improve
ALTEN reported EUR 2.1 billion in revenue for the first half of 2026, up 1.20 percent from the year-earlier period, according to Les Echos. Operating profit on activity rose 23.20 percent to EUR 187.3 million, lifting the margin from 7.30 percent to 8.90 percent.
The company also reported EUR 113.8 million of net income for the first half, up 37.80 percent year over year. Its full-year 2026 outlook calls for organic growth of 1.70 percent to 1.90 percent and an operating margin on activity of 9.20 percent, the same release said.
Price position and valuation
Alten's last price was EUR 3.15 below its 52-week high of EUR 87.15 and EUR 33.10 above its 52-week low of EUR 50.90 on October 16, 2026. Trading volume was 49,423 shares against an average of 63,835 shares.
The market capitalization was EUR 2.9 billion as of October 16, 2026. The price-to-earnings ratio was 20.84 and the dividend yield was 0.02 percent. The next scheduled publication is third-quarter 2026 activity on October 27, 2026, after market close, according to Les Echos.
Comparison with peers
Alten: minus 0.47 percent, P/E 20.84, market capitalization EUR 2.9 billion
Capgemini (Euronext Paris, EUR): minus 0.61 percent, P/E 15.42, market capitalization EUR 20.1 billion
Sopra Steria (Euronext Paris, EUR): minus 1.29 percent, P/E 11.32, market capitalization EUR 3.4 billion
What the next report may clarify
The October 27 activity update will give investors a new read on whether the first-half return to organic growth is continuing. The margin target of 9.20 percent remains the clearest operating benchmark after the 8.90 percent first-half result.
Alten last stood at EUR 84.00 on Euronext Paris on October 16, 2026 at 5:35 p.m. CEST, down 0.47 percent versus the prior close of EUR 84.40.
Alten market details
- Company: Alten S.A.
- ISIN: FR0000071946
- Ticker: ATE
- Primary exchange: Euronext Paris
- Last price on Euronext Paris (as of October 16, 2026, 5:35 p.m. CEST): EUR 84.00
- Change versus prior close: minus 0.47 percent
- Prior close (October 15, 2026): EUR 84.40
- Market capitalization: EUR 2.9 billion (as of October 16, 2026)
- 52-week range: EUR 50.90-EUR 87.15 (as of October 16, 2026)
- Sector / Industry: Technology / Information Technology Services
- Index membership: SBF 120
- Next earnings date: October 27, 2026
Market context: Market report CAC 40.
