Carrefour stock rises 1.48 percent as savings reach EUR 490 million
Published on 09/24/2026 at 12:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Carrefour (ISIN FR0000120172) stock was trading at EUR 16.41 on Euronext Paris on September 24, 2026, up 1.48 percent on the session. The move comes as first-half cost savings reached EUR 490 million, while the group maintained its EUR 1 billion full-year savings target, according to Ideal Investisseur.
EUR 490 million in savings
The first-half figures show the scale of Carrefour's efficiency drive. Reported revenue stood at EUR 40.404 billion, down 5.4 percent, while EBITDA reached EUR 1.865 billion and the EBITDA margin was 4.7 percent, according to Ideal Investisseur.
Carrefour also reported EUR 30 million in net income for the period. The cost program has therefore become a key counterweight to price investment, with EUR 490 million already achieved against the EUR 1 billion 2026 objective.
Analyst target stays above price
The valuation gap is limited but measurable. MarketScreener lists an average target of EUR 16.89 from 15 analysts, EUR 0.48 above the September 24 price, with an average rating of Outperform.
That target comparison gives the daily rise a useful market context. Carrefour's EUR 16.41 price remains EUR 1.13 below the 52-week high of EUR 17.54, a 6.4 percent gap, while the EUR 12.21 low defines a wide trading range.
Stock gains with targets confirmed
Carrefour stock was trading at EUR 16.41 on Euronext Paris at 10:25 a.m. UTC on September 24, 2026. The EUR 11.586 billion market capitalization and the 1.48 percent session gain place the savings program alongside a clearly positive trading day, without turning the operational progress into an investment recommendation.
Carrefour stock snapshot
- Company: Carrefour S.A.
- ISIN: FR0000120172
- Ticker: CA
- Trading venue: Euronext Paris
- Price (as of September 24, 2026, 10:25 a.m. UTC): EUR 16.41
- Market capitalization: EUR 11,585,761,191 (as of September 24, 2026)
- 52-week range: EUR 12.21-17.54 (as of September 24, 2026)
- Sector / Industry: Consumer Defensive / Grocery Stores
