Alstom, FR0010220475

Alstom stock gains on major battery train contracts

Published on 09/17/2026 at 12:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Alstom stock is supported by fresh battery train orders and large rail contracts reported on September 17, 2026. The company’s latest results and guidance frame how much upside investors still see in the shares.

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Alstom stock (ISIN FR0010220475) is trading firmly as investors digest a series of new battery train orders and large rail contracts reported around September 17, 2026, alongside the company’s latest results and guidance figures for fiscal year 2025 and its most recent quarter.

Battery train orders and contract momentum

According to Simply Wall St on September 17, 2026, Alstom has secured a battery-electric fleet deal with TransPennine Express in the United Kingdom valued at EUR 1.2 billion, adding to its backlog in passenger rail.

The same analysis notes that Alstom also reported a multi-purpose passenger car agreement with VIA Rail Canada worth CAD 4.7 billion, reinforcing its international order book and underlining demand for rolling stock outside Europe.Simply Wall St

Revenue growth and earnings comparison

In its most recent annual reporting period, fiscal year 2025, Alstom disclosed revenue growth in the mid-single to double-digit range compared with fiscal year 2024, reflecting the conversion of prior orders into sales; fiscal year 2025 revenue therefore stood clearly above the historical level of fiscal year 2023, which had been affected by integration costs and supply chain pressures.Alstom

According to Alstom, the latest reported quarter within fiscal year 2025 showed a noticeable improvement in operating margin versus the comparable quarter of fiscal year 2024, supported by cost discipline and better project execution.

Guidance and risk factors

Alstom has reiterated guidance for fiscal year 2026 with a focus on revenue growth driven by its backlog and an expected ongoing improvement in adjusted EBIT margin, signaling that management aims to build on the margin gains already achieved in fiscal year 2025.Alstom

At the same time, the battery train contracts and long-term passenger car agreements carry execution risks: project delays, cost overruns or regulatory changes could weigh on profitability if they materialize during the delivery phase, especially given the multi-year nature of the CAD 4.7 billion VIA Rail Canada agreement.Simply Wall St

Analyst valuation context

The Simply Wall St analysis indicates that based on its valuation model, Alstom shares trade at a discount of roughly 39 percent to estimated fair value, implying potential upside if the company delivers on its revenue and margin targets.Simply Wall St

For investors, the combination of large battery train orders, sizeable passenger car contracts and a valuation that still embeds a discount to fair value underscores why Alstom stock remains a closely watched industrial name in European rail technology.

Stock price and trading venue

On Euronext Paris, Alstom stock trades under the ticker ALO, with recent quotes around the mid-teens in euros per share as of mid-September 2026, placing the price comfortably above the lower end of its 52-week trading range yet still below prior highs of the past year.