Deutsche Bank keeps a Hold rating for Alstom stock
Published on 10/13/2026 at 06:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Deutsche Bank maintained a Hold rating and a EUR 19.00 price target on October 7, 2026.
- Alstom booked EUR 2.6 billion of orders and 4.80 percent organic growth in the first quarter of fiscal 2026/27.
- The last Lang & Schwarz price was EUR 15.88 on October 12, 2026; the stock's 52-week range was EUR 14.47 to EUR 30.23.
- Alstom's next half-year results are scheduled for November 17, 2026.
Deutsche Bank maintained a Hold rating and a EUR 19.00 price target for Alstom stock on October 7, 2026, according to Markets Insider. The rating gives investors a defined reference point as the rail group prepares its half-year update.
Three milestones set the backdrop
On September 11, 2026, Alstom and TransPennine Express signed contracts worth EUR 1.2 billion for Britain's first mainline battery-electric trains, according to Alstom. On September 29, 2026, Västtrafik ordered 35 additional Avelia Stream Nordic trains, bringing its fleet to 80, the company said on its investor-relations page.
On October 7, 2026, Deutsche Bank's Gael De-Bray kept the Hold rating and EUR 19.00 target, Markets Insider reported. The target is EUR 3.12 above the last Lang & Schwarz price of EUR 15.88, a difference of 19.65 percent calculated in euros.
What does the order run mean for margins?
Alstom booked EUR 2.6 billion of orders in the first quarter of fiscal 2026/27 and delivered 4.80 percent organic sales growth, according to the company's October 6, 2026 aide-memoire published through Yahoo Finance. The combination points to solid demand, while the upcoming report will show whether volume growth is translating into better profitability.
The same document lists adjusted EBIT margin guidance of 6.50 percent and positive free cash flow for fiscal 2026/27. Alstom also expects first-half free cash flow consumption of EUR 1.5 billion, making cash conversion a central test for the next report.
Reporting dates set the next tests
Alstom's half-year results for fiscal 2026/27 are scheduled for November 17, 2026, and its third-quarter orders and sales update is scheduled for January 19, 2027, according to Alstom. Those dates place the next major operating evidence after a first quarter with EUR 2.6 billion of orders.
Stock remains below its yearly high
The last available Lang & Schwarz price was EUR 15.88 on October 12, 2026 at 10:58 p.m. CEST. The 52-week range was EUR 14.47 to EUR 30.23, while market capitalization stood at EUR 7.4 billion as of October 12, 2026.
The further course of trading is shown by the continuously updated real-time quote of Alstom stock.
Alstom stock facts
- Company: Alstom S.A.
- ISIN: FR0010220475
- Ticker: ALO
- Primary exchange: Euronext Paris
- Last price Lang & Schwarz (as of October 12, 2026, 10:58 p.m. CEST): EUR 15.88
- Market capitalization: EUR 7.4 billion (as of October 12, 2026)
- 52-week range: EUR 14.47-EUR 30.23 (as of October 12, 2026)
- Sector / Industry: Industrials / Rail transportation
- Index membership: CAC 40
- Next earnings date: November 17, 2026
Market context: Market report CAC 40.
