Morgan Stanley raises target for Edenred stock from EUR 34.00 to EUR 35.00

Published on 10/07/2026 at 10:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Edenred stock trades at EUR 27.76 on October 7, 2026 versus EUR 27.50 in Paris. Third-quarter revenue is due on October 21, 2026.

Edenred SE, FR0010908533, Illustration mit AI erstellt.

Edenred (ISIN FR0010908533) was trading at EUR 27.76 at Lang & Schwarz on October 7, 2026 at 10:18 a.m. CEST, up 0.95 percent versus the prior close of EUR 27.50. On September 21, 2026, Morgan Stanley raised its Edenred price target from EUR 34.00 to EUR 35.00 while maintaining its overweight rating, according to MarketScreener.

Target rises as forecasts reset

The higher target came as Morgan Stanley adjusted its fiscal 2026 to 2028 estimates for Edenred. The bank expects fiscal 2026 earnings before interest, taxes, depreciation and amortization, or EBITDA, of EUR 1.251 billion, equivalent to an 8.00 percent organic decline, according to MarketScreener.

That forecast sits inside Edenred management's fiscal 2026 EBITDA target range of EUR 1.230 billion to EUR 1.270 billion, which implies a decline of 7.00 percent to 10.00 percent. The contrast matters: the valuation target moved higher even as the earnings path remained restrained.

Revenue date gives the next test

Edenred is scheduled to publish third-quarter 2026 revenue on October 21, 2026. The date appears on Edenred's official website, which also describes the company as a provider of payment solutions for employee benefits, mobility and corporate payments, with operations in 44 countries and more than 2 million partner merchants.

The upcoming release will give investors a fresh check on whether the company's mobility and payment activities can offset the pressure reflected in the fiscal 2026 forecast. Edenred's first-quarter 2026 operating revenue was EUR 673 million, up 3.10 percent like-for-like from the first quarter of 2025, according to Edenred.

Stock stays below its yearly high

Investing.com lists Edenred under ticker EDEN on the Paris stock exchange and reports a 52-week range of EUR 15.23 to EUR 30.85 as of October 6, 2026. The Lang & Schwarz price is 10.02 percent below that high, while the daily move remains below the 1.00 percent threshold for a directional headline.

At Lang & Schwarz, Edenred was trading at EUR 27.76 on October 7, 2026 at 10:18 a.m. CEST, plus 0.95 percent versus the prior close of EUR 27.50. The further course of trading is shown by the continuously updated real-time quote of Edenred stock.