Schneider Electric plans Shelly bid as Schneider Electric stock gains 3.52 percent
Published on 10/02/2026 at 17:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Schneider Electric (ISIN FR0000121972) stock was trading at EUR 304.03 at Lang & Schwarz on October 2, 2026 at 4:43 p.m. CEST, plus 3.52 percent versus the prior close of EUR 293.70. Reuters reported on September 24, 2026 that Schneider Electric intends to launch a voluntary public takeover offer for Shelly Group.
Shelly deal adds a new growth angle
The all-cash offer is EUR 70.00 per Shelly share and values the Bulgarian smart-home company at EUR 1.2 billion, Reuters reported on September 24, 2026. Completion is expected in the first quarter of 2027, subject to regulatory approvals.
The transaction expands Schneider Electric's exposure to connected-home and smart-building technology. Finanzwire said on September 24, 2026 that the offer requires Schneider Electric to reach a 95 percent acceptance threshold before a potential squeeze-out and delisting.
Half-year growth supports higher guidance
For the first half of 2026, revenue reached EUR 21.23 billion, up 14.00 percent organically, while net income reached EUR 2.49 billion. Ideal Investisseur reported those figures for the first-half 2026 period.
The same report cited free cash flow of EUR 1.63 billion and higher 2026 guidance. Organic revenue growth is now expected at 10.00 to 13.00 percent, while adjusted EBITA growth is targeted at 14.00 to 19.00 percent.
Analyst target stays above the quote
CIC Market Solutions maintained a Buy rating on September 24, 2026 and kept its price target at EUR 345.00, according to Ideal Investisseur. The target lies 13.48 percent above the Lang & Schwarz price, giving the analyst view a measurable distance from the current quote.
Stock trades near its yearly peak
Boursorama identifies Schneider Electric under ticker SU on Euronext Paris and lists the company in the CAC 40. Its October 2, 2026 market capitalization was EUR 173.8 billion, keeping the takeover alongside a large existing industrial platform.
Schneider Electric stock and the next date
At Lang & Schwarz, Schneider Electric stock was trading at EUR 304.03 on October 2, 2026 at 4:43 p.m. CEST, up 3.52 percent versus the EUR 293.70 prior close. Boursorama lists the next third-quarter revenue report for October 29, 2026.
The further course of trading is shown by the continuously updated real-time quote of Schneider Electric stock.
Schneider Electric stock at a glance
- Company: Schneider Electric SE
- ISIN: FR0000121972
- Ticker: SU
- Primary exchange: Euronext Paris
- Price Lang & Schwarz (as of October 2, 2026, 4:43 p.m. CEST): EUR 304.03
- Change versus prior close: plus 3.52 percent
- Prior close Lang & Schwarz (October 1, 2026): EUR 293.70
- Market capitalization: EUR 173.8 billion (as of October 2, 2026)
- Sector / Industry: Industrials / Electrical components and equipment
- Index membership: CAC 40
