Safran SA (SAFRY) Stock Forecast and Price Target (2026)

Sell-side coverage follows trading volume and banking relationships, so smaller companies, recent listings, and names outside the major indices often carry little or none. That is the situation with SAFRY. It says nothing about the quality of the business, but it does mean there is no informed average to anchor to, and that any single target you find elsewhere is one analyst's model rather than a consensus.

At ~$76 the ADR prices Safran at a trailing P/E of ~28 and a market value of ~$127 billion, both lower than in February 2026 when the ADR peaked near ~$107. Against 2026 guidance of EUR 6.4 to 6.5 billion in recurring operating income and EUR 4.7 to 4.9 billion of free cash flow, the stock trades at roughly a 4% free cash flow yield. That is still a premium to the broad market but below GE Aerospace's multiple. The rerating reflects worries about 2027 aftermarket growth rather than any guidance cut, since 2026 targets were confirmed in October.

For the fiscal year ending Dec 2026, the 19 analysts publishing estimates on SAFRY expect revenue of 36.5 billion EUR (+17%).

Estimates are the most widely published forecast there is: many more analysts model a company's earnings than publish a price target on it. They are also revised constantly, and the direction of those revisions into a report is often more informative than the level.

Not a published one. Analyst price targets run to about twelve months, occasionally two years, and the firms covering SAFRY do not put out a 2030 number. Anything presenting one is extrapolating a growth rate rather than reporting research, and a figure produced that way tells you about the assumption chosen, not about the company.

What can be said over a long horizon is what the current price already assumes about the business, which is a question the filings answer and a forecast cannot.

That is the more useful frame for a ten-year question. A share price is the market’s estimate of future cash flows discounted to today, so the multiple is already a statement about growth. The long-horizon question is whether Safran SA can deliver what is priced in, and what would have to change for that to break. Both are answerable from the drivers and risks below. A number for 2030 is not.

In short: the drivers cited most often are The LEAP installed base and its aftermarket, Margin expansion and cash generation, Defense and equipment growth. The risk cited most often against it is the main near-term risk is aftermarket normalization.

Both sides are worked through properly, with the high and low targets used as the bull and bear anchors, on the SAFRY is it a buy page. This page deliberately stops at the numbers.