BofA raises target for Thales stock from EUR 312 to EUR 315

Published on 10/15/2026 at 11:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue reached EUR 10.9 billion, up 6.7 percent year over year. Thales stock costs EUR 228.55 on October 15, 2026, above its EUR 211.90 low.

Targets and operating figures

BofA Securities lifted its Thales target from EUR 312 to EUR 315 on October 13, 2026.
First-half 2026 revenue reached EUR 10.9 billion, up 6.7 percent year over year.
Thales stock traded at EUR 228.55 at 11:14 a.m. CEST at Lang & Schwarz on October 15, 2026.

Editorial-Aufnahme eines Börsenparketts mit Bildschirmen und Kurscharts der Luftfahrtbranche — Börsen-Editorial vom Trading-Floor der Euronext Paris zeigt Kurscharts passend zur Notierung von Thales S.A. FR0000121329, Illustration mit AI erstellt.

Thales (ISIN FR0000121329) is valued at EUR 228.55 at Lang & Schwarz on October 15, 2026 at 11:14 a.m. CEST. The latest company-specific catalyst is Bank of America Securities lifting its price target from EUR 312 to EUR 315 on October 13, 2026, as Boursorama reported.

Target rises on defense outlook

The EUR 3.00 increase keeps BofA's Buy recommendation in place. The bank expects medium-term organic growth of 12 percent in Thales' Defense business, supported by air defense, missiles and electronics, according to Le Revenu on October 13, 2026. The report also identified Aerospace and Cybersecurity as additional potential growth areas.

What do the figures mean?

Thales generated EUR 10.9 billion in first-half 2026 revenue, a 6.7 percent increase from the first half of 2025. Net income was EUR 485.0 million, while earnings per share came to EUR 2.36 versus EUR 3.23 in the prior-year period, according to Ideal Investisseur. The contrast matters: revenue expanded, but earnings per share and net income declined during the period.

Next reporting date is October 22

The next scheduled earnings report is October 22, 2026, according to Investing.com. That date gives investors the next formal checkpoint for revenue, profitability and the outlook after the first-half figures.

Stock remains above its yearly low

The 52-week range is EUR 211.90 to EUR 274.20 as of October 15, 2026. The current Lang & Schwarz price therefore stands EUR 16.65 above the reported low, while it remains EUR 45.65 below the high. Thales is listed on Euronext Paris under ticker HO.PA, according to Global Banking and Finance.

Price and investor perspective

The analyst target increase supports a constructive defense narrative, but the first-half earnings decline leaves profitability as the key test for the October update. Thales was trading at EUR 228.55 at Lang & Schwarz on October 15, 2026 at 11:14 a.m. CEST.

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