JPMorgan cuts target for Air France-KLM stock to EUR 14.50
Published on 10/17/2026 at 20:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and valuation
- JPMorgan set a EUR 14.50 target on October 13, 2026, down from EUR 16.00.
- Air France-KLM's 52-week high was EUR 14.43 on October 16, 2026.
- Air France-KLM stock was last at EUR 10.53 on October 16, 2026, down 0.09 percent versus the Euronext Paris close.
- Market capitalization was EUR 2.8 billion and the price-to-earnings ratio was 2.73.
JPMorgan cut its Air France-KLM target to EUR 14.50 from EUR 16.00 on October 13, 2026, while keeping an Overweight rating, according to Markets Insider. The new target stood 37.70 percent above the last Euronext Paris price of EUR 10.53. Air France-KLM was last at EUR 10.53 on October 16, 2026 at 5:35 p.m. CEST, down 0.09 percent versus the Euronext Paris close.
The target and fuel risk
The target reduction reflected a more cautious earnings view for European airlines. The underlying analyst note said higher fuel prices could create risks for airline earnings in 2027 and that JPMorgan lowered its forecasts for that year. Finanzen reported that the target was reduced from EUR 16.00 to EUR 14.50 while the Overweight rating remained unchanged.
Range and turnover on October 16
Air France-KLM's 52-week range was EUR 8.37 to EUR 14.43 as of October 16, 2026. The last price was 27.03 percent below the high and 25.81 percent above the low. Trading volume reached 808,492 shares against an average of 917,077 shares.
The company was listed on Euronext Paris, according to Investing.com. Its market capitalization was EUR 2.8 billion, while its price-to-earnings ratio was 2.73 as of October 16, 2026. For investors, the target revision and the distance from the yearly high provide the clearest valuation markers in the current market picture.
Comparison with peers
Air France-KLM: minus 0.09 percent, price-to-earnings ratio 2.73, market capitalization EUR 2.8 billion.
Deutsche Lufthansa (Xetra, EUR): minus 0.22 percent, price-to-earnings ratio 12.61, market capitalization EUR 8.6 billion.
International Airlines Group (London Stock Exchange, GBp): plus 0.31 percent, price-to-earnings ratio 5.08, market capitalization GBP 18.1 billion.
What the next session carries
Air France-KLM's next market reference remains the analyst target of EUR 14.50 against the last Euronext Paris price of EUR 10.53. The target is 37.70 percent above that price, while the stock remains below its EUR 14.43 yearly high.
The last available euro price was EUR 10.53 on Euronext Paris on October 16, 2026 at 5:35 p.m. CEST, down 0.09 percent versus the Euronext Paris close.
Air France-KLM stock at a glance
- Company: Air France-KLM S.A.
- ISIN: FR001400J770
- Primary exchange: Euronext Paris
- Last Euronext Paris price (as of October 16, 2026, 5:35 p.m. CEST): EUR 10.53
- Change versus prior Euronext Paris close: minus 0.09 percent
- Market capitalization: EUR 2.8 billion (as of October 16, 2026)
- 52-week range: EUR 8.37-EUR 14.43 (as of October 16, 2026)
- Sector / Industry: Industrials / Airlines, Airports and Air Services
Market context: Market report CAC 40.
