CIC keeps Air France-KLM stock at Hold with EUR 13 target
Published on 10/02/2026 at 14:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Air France-KLM (ISIN FR001400J770) was trading at EUR 11.43 at Lang & Schwarz on October 2, 2026 at 2:34 p.m. CEST, plus 0.26 percent versus the prior close of EUR 11.40. According to Ideal Investisseur on October 1, 2026, CIC Market Solutions maintained a Hold rating and a EUR 13.00 price target.
CIC target leaves a measured gap
The CIC target stands 13.74 percent above the Lang & Schwarz price, calculated from EUR 13.00 and EUR 11.43. That spread gives the latest analyst view a positive valuation gap, but the Hold rating signals that the target does not amount to an outright bullish call.
Markets Insider reported on September 24, 2026, that Bernstein retained a Hold rating and a EUR 12.20 target. The two targets frame a restrained analyst range of EUR 12.20 to EUR 13.00 against the current euro quotation.
Revenue grows as profit pressure rises
Morningstar reported on September 16, 2026, that Air France-KLM revenue in the second quarter of 2026 rose 9.90 percent to EUR 9.30 billion. Adjusted operating profit declined by EUR 251.00 million to EUR 484.00 million, while the operating margin fell 3.50 percentage points to 5.20 percent.
The contrast matters for the stock: revenue expansion has not translated into equivalent operating-profit growth. Morningstar also said adjusted recurring free operating cash flow reached EUR 928.00 million in the first half of 2026, up EUR 148.00 million, adding a cash-flow counterweight to the margin pressure.
November results set the next test
Air France-KLM's next scheduled reporting date is November 4, 2026, when the group is due to publish third-quarter 2026 results, according to MarketScreener. The report will test whether pricing and passenger demand can offset the cost pressure highlighted in the second-quarter figures.
Stock remains inside its yearly range
Air France-KLM's primary listing is on Euronext Paris under ticker AF, and the share's 52-week range was EUR 8.37 to EUR 14.43 as of October 2, 2026. Its market capitalization was EUR 3.0 billion on the same date. The Lang & Schwarz quotation sits EUR 3.00 below the yearly high and EUR 3.06 above the yearly low, keeping the stock between both reference points rather than at an extreme.
The further course of trading is shown by the continuously updated real-time quote of Air France-KLM stock.
Air France-KLM stock facts
- Company: Air France-KLM S.A.
- ISIN: FR001400J770
- Ticker: AF
- Primary exchange: Euronext Paris
- Price Lang & Schwarz (as of October 2, 2026, 2:34 p.m. CEST): EUR 11.43
- Change versus prior close: plus 0.26 percent
- Prior close Lang & Schwarz (October 1, 2026): EUR 11.40
- Market capitalization: EUR 3.0 billion (as of October 2, 2026)
- 52-week range: EUR 8.37-EUR 14.43 (as of October 2, 2026)
- Sector / Industry: Industrials / Airlines
