Thales stock fell 1.90 percent after BladeHAUL unveiling

Published on 10/07/2026 at 13:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Thales stock fell 1.90 percent on October 6 as the company unveiled BladeHAUL. First-half revenue reached EUR 10.9 billion, up 6.7 percent, with the next update due October 22.

Bauhaus-Poster mit geometrischen Formen, Radarwellen-Motiv und Schriftzug DEFENSE in Rot-Blau — Geometrisches Bauhaus-Poster mit Radar-Motiv und Sektor-Schriftzug DEFENSE steht sinnbildlich für Thales S.A. FR0000121329, Illustration mit AI erstellt.

Thales stock (ISIN FR0000121329) was last at EUR 222.50 on Euronext Paris on October 6, 2026, down 1.90 percent from the previous close. The company also moved its defense portfolio forward as Thales Australia and 3ME Technology unveiled BladeHAUL on October 6, 2026.

BladeHAUL adds a defense angle

According to Defence Industry Europe, the hybrid-electric uncrewed ground vehicle can carry payloads of up to 10 tonnes and provide mobile power in the field. The product gives Thales a current defense technology marker beyond its established radar and aerospace activities.

The event arrives before Thales publishes its third-quarter order intake and sales update. The company events calendar sets that disclosure for October 22, 2026, at 7:00 a.m. CEST, making the order pipeline the next quantified checkpoint for the stock.

H1 revenue rose 6.7 percent

Thales reported EUR 10.9 billion in first-half 2026 revenue, up 6.7 percent from the first half of 2025, while net income reached EUR 485.0 million, down 27 percent year over year, according to Simply Wall St. The contrast matters because sales momentum and profit conversion are moving in different directions.

The same first-half update showed EPS of EUR 2.36, compared with EUR 3.23 in the first half of 2025. A separate sector analysis put Thales' 2026 organic growth outlook at 6 percent to 7 percent and its total order book at EUR 52 billion as of June 30, 2026, according to Investing.com.

Consensus target sits above EUR 222.50

The analyst consensus was Outperform with 19 analysts, an average target of EUR 293.32, a high target of EUR 335.00 and a low target of EUR 250.00 on September 23, 2026, according to MarketScreener. Against the October 6 price, the average target is 31.8 percent higher, while the low target is 12.4 percent higher.

On October 2, 2026, BofA Securities raised its target from EUR 303 to EUR 312 while leaving the rating under review, as reported by Ideal Investor. That target is 40.2 percent above the October 6 price, but the current earnings mix keeps the next sales and order update central to the valuation debate.

Stock stays below yearly high

Thales stock was last at EUR 222.50 on Euronext Paris on October 6, 2026, with volume of 371,823 shares and a market capitalization of EUR 45.8 billion. Its 52-week range was EUR 212.60 to EUR 274.20, leaving the price 18.9 percent below the high.