Citi upgrades Euronext stock to Buy with EUR 200 target

Published on 10/20/2026 at 13:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EUR 543.50 million revenue in second-quarter 2026, up from EUR 465.39 million. Euronext stock costs EUR 170.65, plus 2.06 percent versus Xetra close.

Analyst upgrade and upcoming results

Citi raised its Euronext target to EUR 200 on October 19, 2026.
Second-quarter 2026 revenue reached EUR 543.50 million versus EUR 465.39 million.
Euronext stock trades at EUR 170.65 at 1:36 p.m. CEST at Lang & Schwarz on October 20, 2026, 2.06 percent above the Xetra close of October 19, 2026.
Euronext is scheduled to publish third-quarter 2026 results on November 5, 2026.

Editorial-Foto eines Börsenhandelsraums mit großen Kursbildschirmen, unbranded, Euronext N.V — Editorial-Aufnahme eines Trading-Floors mit Finanzcharts, redaktionell zu Euronext N.V., ISIN NL0015000D50, dynamisch inszeniert, Illustration mit AI erstellt.

Euronext stock (ISIN NL0006294274) was trading at EUR 170.65 at Lang & Schwarz on October 20, 2026 at 1:36 p.m. CEST, up 2.06 percent versus the Xetra close. Investing.com reported on October 19, 2026 that Citi upgraded Euronext from Neutral to Buy and lifted its price target from EUR 156 to EUR 200.

Citi sees more growth potential

The upgrade gives Euronext a fresh analyst catalyst after the shares touched EUR 172.00 during the October 19 session, according to Investing.com. Citi cited opportunities in bond trading, securities custody and commodities, while its EUR 200 target stands 17.19 percent above the current Lang & Schwarz price.

The operating backdrop is also quantified. Simply Wall St reported that Euronext generated EUR 543.50 million revenue in the second quarter of 2026, up from EUR 465.39 million in the second quarter of 2025. Net income reached EUR 218.90 million, compared with EUR 183.80 million a year earlier.

What does the target mean for valuation?

The EUR 200 target implies 17.04 percent upside from the October 19 Xetra close of EUR 167.20. That comparison matters because the share price has already moved above the previous high of EUR 169.50 cited by Investing.com.

Results date is November 5, 2026

Euronext's investor-relations calendar lists November 5, 2026 for the third-quarter 2026 results. The company's investor-relations page also identifies the second-quarter 2026 release as published on July 30, 2026 and reports fiscal-year 2025 revenue and income of EUR 1.80 billion, adjusted EBITDA of EUR 1.10 billion and adjusted net income of EUR 736.00 million.

Stock trades above the prior close

The current quote places Euronext EUR 3.45 above the Xetra close of October 19, 2026. For investors, the next results will test whether the revenue expansion reported for the second quarter can support the higher valuation implied by Citi's target.

The further course of trading is shown by the continuously updated real-time quote of Euronext stock.