Safran targets 931 mirror segments as Safran stock trades below its high

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

Safran stock costs EUR 325.65 on October 7, 2026 after EUR 327.95, minus 0.70 percent. Next Q3 sales are due October 22, 2026.

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Safran (FR0000073272) was trading at EUR 325.65 at Lang & Schwarz on October 7, 2026 at 10:18 a.m. CEST, down 0.70 percent from the prior close of EUR 327.95. Safran Reosc plans to complete 931 segments of the Extremely Large Telescope mirror by the end of 2026, according to Ideal Investisseur on October 6, 2026.

Optics add a defense angle

The project covers the 931 segments of the primary mirror at Safran Reosc's Poitiers site for the European Southern Observatory. Safran also produces the telescope's four other mirrors at a second French facility, giving the program a two-site industrial footprint, Ideal Investisseur reports.

The strategic value is the production know-how. The company presents the telescope work as a base for optical equipment aimed at space and defense markets, extending the relevance of the project beyond astronomy.

Guidance sets the financial frame

Safran's finance page lists adjusted 2025 revenue of EUR 31.3 billion, adjusted recurring operating income of EUR 5.2 billion, adjusted net income of EUR 3.2 billion and free cash flow of EUR 3.9 billion, according to Safran.

For 2026, the company raised its adjusted targets to revenue growth of 15.00 percent, recurring operating income of EUR 6.4 billion to EUR 6.5 billion and free cash flow of EUR 4.7 billion to EUR 4.9 billion, Ideal Investisseur reported. The comparison is material: the prior operating-income target was EUR 6.1 billion to EUR 6.2 billion, while the prior free-cash-flow target was EUR 4.4 billion to EUR 4.6 billion.

Stock stays below yearly high

The EUR 325.65 Lang & Schwarz price sits 11.15 percent below the 52-week high of EUR 366.50 and remains EUR 63.05 above the 52-week low of EUR 262.60. The next scheduled sales and revenue release for the third quarter of 2026 is October 22, 2026, according to MarketScreener.

Analyst expectations remain a comparison point: Investing.com lists an average 12-month target of EUR 382.86 from 22 analysts, including 14 Buy, 7 Hold and 1 Sell ratings. That target is 17.58 percent above the Lang & Schwarz price, using the same euro currency.

Trading remains below the high

Safran was trading at EUR 325.65 at Lang & Schwarz on October 7, 2026 at 10:18 a.m. CEST, down 0.70 percent versus the Lang & Schwarz prior close of EUR 327.95. The further course of trading is shown by the continuously updated real-time quote of Safran stock.