Jefferies keeps EUR 290.00 target for Thales stock

Published on 10/27/2026 at 17:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 sales were EUR 5.47 billion, up 8.70 percent. Thales stock costs EUR 233.95 on October 27, 2026, 0.45 percent above Euronext's EUR 232.90 close.

Analyst view and dates

Jefferies maintained a EUR 290.00 price target on October 22, 2026.
Third-quarter revenue reached EUR 5.47 billion, up 8.70 percent organically.
Thales stock costs EUR 233.95 at Lang & Schwarz, 0.45 percent above the Euronext Paris close.
The next ex-dividend date is December 2, 2026.

Thales, FR0000121329, Illustration mit AI erstellt.

Jefferies maintained its EUR 290.00 price target and Buy rating for Thales on October 22, 2026, according to MarketScreener. The target lies 23.96 percent above the EUR 233.95 price. Thales was trading at EUR 233.95 at Lang & Schwarz on October 27, 2026 at 5:20 p.m. CET, 0.45 percent above the EUR 232.90 Euronext Paris close of October 26, 2026.

Third-quarter sales beat expectations

Thales reported quarterly revenue of EUR 5.47 billion, up 8.70 percent organically, in the third quarter of 2026. The figure was 2.00 percent above consensus, while order intake reached EUR 6.65 billion, 9.00 percent ahead of forecasts, MarketScreener reported on October 22, 2026.

Defense revenue rose 12.80 percent organically and aerospace revenue increased 7.80 percent. Cyber and Digital was the weaker area, with revenue below consensus, although the company confirmed its 2026 targets, including an adjusted EBIT margin of 12.60 percent to 12.80 percent.

Stock remains below its yearly high

The stock's October 27, 2026 range was EUR 230.90 to EUR 235.10, with volume of 76,543 shares. Its 52-week range was EUR 211.90 to EUR 274.20, placing the Lang & Schwarz price 14.68 percent below the high and 10.41 percent above the low. The year-to-date change was minus 0.78 percent as of October 23, 2026.

Valuation and upcoming date

Thales had a market capitalization of EUR 48.1 billion and a price-to-earnings ratio of 32.22 as of October 27, 2026. Barron's lists Euronext Paris as the primary exchange and gives December 2, 2026 as the ex-dividend date. The same source lists March 9, 2027 as the next full-year reporting date.

For investors, the key tension is visible in the numbers: quarterly revenue exceeded consensus by 2.00 percent, while the price remains 14.68 percent below its 52-week high. Jefferies' EUR 290.00 target places the analyst view above the market quotation, but the report also identified Cyber and Digital as an area requiring closer attention.

Thales stock after October 27 trading

The EUR 233.95 price leaves Thales below its 52-week high, while the 0.45 percent premium to the Euronext Paris close indicates a modest daily move. The further course of trading is shown by the continuously updated real-time quote of Thales stock.