J.P. Morgan keeps Buy rating for Air France-KLM stock at EUR 14.50
Published on 10/20/2026 at 21:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst rating and results date
- J.P. Morgan kept its Buy rating and a EUR 14.50 target on October 14, 2026.
- Second-quarter revenue reached EUR 9.28 billion, while adjusted operating profit was EUR 484.00 million.
- Air France-KLM stock costs EUR 10.50 at Lang & Schwarz on October 20, 2026 at 9:47 p.m. CEST.
- Third-quarter results are scheduled for November 4, 2026.
J.P. Morgan kept its Buy rating on Air France-KLM and set a EUR 14.50 price target in a report dated October 14, 2026, according to Markets Insider. The target is 38.10 percent above the EUR 10.50 price at Lang & Schwarz. Air France-KLM (ISIN FR001400J770) was trading at EUR 10.50 at Lang & Schwarz on October 20, 2026 at 9:47 p.m. CEST.
Revenue grew as profit fell
Air France-KLM's second-quarter revenue rose 9.90 percent year over year to EUR 9.28 billion, while adjusted operating profit fell 34.10 percent to EUR 484.00 million. Ideal Investisseur reported the figures from the group's first-half 2026 reporting context on October 8, 2026. The contrast matters for valuation: strong sales growth did not translate into comparable operating profit growth.
Stock stays below its yearly high
The Lang & Schwarz price of EUR 10.50 stands EUR 3.93 below Air France-KLM's 52-week high of EUR 14.43 and EUR 2.13 above its 52-week low of EUR 8.37. The range and market capitalization are dated October 20, 2026. The company was valued at EUR 2.7 billion, while its price-to-earnings ratio was 2.72.
Results date sets the next marker
Air France-KLM's next scheduled reporting date is November 4, 2026, when third-quarter results are listed by MarketScreener. The date gives investors a defined checkpoint for judging whether revenue growth is converting into operating profit. The same page identifies Euronext Paris as the primary exchange and Air France-KLM's ticker as AF.
Price and earnings frame
Air France-KLM's current valuation leaves the analyst target materially above the euro price, while the 52-week range shows that the stock is closer to its low than its high. The next results will provide the next periodized test of the 9.90 percent revenue increase and the 34.10 percent operating-profit decline.
After-hours price holds at EUR 10.50
After-hours trading at EUR 10.50 on October 20, 2026 places the stock between its dated 52-week boundaries. J.P. Morgan's EUR 14.50 target and the November 4, 2026 results date are the two main forward reference points for the valuation discussion. The further course of trading is shown by the continuously updated real-time quote of Air France-KLM stock.
Air France-KLM stock at a glance
- Company: Air France-KLM S.A.
- ISIN: FR001400J770
- Ticker: AF
- Primary exchange: Euronext Paris
- Price Lang & Schwarz (as of October 20, 2026, 9:47 p.m. CEST): EUR 10.50
- Market capitalization: EUR 2.7 billion (as of October 20, 2026)
- 52-week range: EUR 8.37-EUR 14.43 (as of October 20, 2026)
- Sector / Industry: Industrials / Airlines
- Next earnings date: November 4, 2026
Market context: Market report CAC 40.
