Alstom, FR0010220475

AlphaValue cuts target for Alstom stock to EUR 20.10

Published on 10/20/2026 at 20:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due November 17, 2026. Alstom stock costs EUR 15.88 on October 20, 2026, 0.81 percent below the Euronext Paris close.

Analyst target and reporting date

AlphaValue cut its Alstom target to EUR 20.10 on October 15, 2026.
Alstom is scheduled to publish half-year results on November 17, 2026.
Alstom stock costs EUR 15.88 at Lang & Schwarz on October 20, 2026, 0.81 percent below the October 19 Euronext Paris close.
The stock is 26.57 percent below the revised AlphaValue target.

Alstom, FR0010220475, Illustration mit AI erstellt.

Alstom stock (ISIN FR0010220475) is priced at EUR 15.88 at Lang & Schwarz on October 20, 2026 at 8:41 p.m. CEST, 0.81 percent below the Euronext Paris close of October 19, 2026 at EUR 16.01. The key valuation signal is AlphaValue's October 15 reduction of its target from EUR 29.20 to EUR 20.10. BourseDirect reported that the research firm moved its recommendation from Buy to Accumulate on that date.

AlphaValue resets valuation

The revised EUR 20.10 target stands 26.57 percent above the Lang & Schwarz price. AlphaValue also cited more cautious assumptions for costs, margins and working capital, while its estimated net asset value fell 27.00 percent and its discounted-cash-flow valuation fell 24.00 percent, according to MarketScreener.

Stock stays above yearly low

Alstom's quoted market value is EUR 7.3 billion as of October 20, 2026, with a price-to-earnings ratio of 22.60. The 52-week range is EUR 14.47 to EUR 30.23, placing the Lang & Schwarz price 9.75 percent above the low and 47.47 percent below the high.

The stock's valuation debate is therefore narrower than the old target suggests. The revised target still implies 26.57 percent upside from the euro price, but AlphaValue's lower estimate reflects a tougher view of profitability and cash conversion.

Results date and valuation

Alstom's investor calendar lists half-year results for November 17, 2026. The company also identifies the first quarter of fiscal 2026/27 as the latest reported operating period on its investor-relations page, while the next published milestone is the half-year release. Alstom lists the event alongside its financial calendar.

For investors, the November date provides the next hard checkpoint for the assumptions behind the revised target. The market capitalization of EUR 7.3 billion and the 22.60 price-to-earnings ratio frame that discussion, while the 52-week low of EUR 14.47 remains the nearest dated price marker.

Stock position after the target cut

Alstom stock was trading at EUR 15.88 at Lang & Schwarz on October 20, 2026 at 8:41 p.m. CEST, 0.81 percent below the Euronext Paris close of October 19, 2026 at EUR 16.01. The price was 26.57 percent below AlphaValue's revised EUR 20.10 target.

The further course of trading is shown by the continuously updated real-time quote of Alstom stock.