Fugro wins NOAA mapping work. Fugro stock sits 39.10 percent below its 52-week high

Published on 10/27/2026 at 13:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fugro's first-half revenue was EUR 920.80 million, 5.73 percent above forecast. Fugro stock costs EUR 7.82 on October 27, 2026, below EUR 12.84.

Recent company signals

NOAA selected Fugro for Florida mapping covering more than 56,000 square kilometers on October 20, 2026.
First-half revenue reached EUR 920.80 million, 5.73 percent above the EUR 870.90 million forecast.
Fugro stock trades at EUR 7.82 at 1:23 p.m. CEST at Lang & Schwarz on October 27, 2026.
KBC Securities cut its target from EUR 11.50 to EUR 9.00 on October 13, 2026.

Fugro, NL00150003E1, Illustration mit AI erstellt.

Fugro (NL00150003E1) is trading at EUR 7.82 at Lang & Schwarz on October 27, 2026, while its 52-week high stands at EUR 12.84. The latest company event is a NOAA selection announced on October 20, 2026, for seabed mapping along Florida's Atlantic coast, as MarketScreener reported.

NOAA expands Fugro's mapping role

The Florida project covers more than 56,000 square kilometers of waters, according to the same October 20, 2026 release. Fugro said the resulting bathymetric data will support navigation safety, maritime operations and updated nautical charts.

The contract adds a public-sector application to Fugro's wider geo-data business. The company collects and analyzes information for energy, infrastructure and water clients, with marine mapping and asset integrity among its main activities.

What does the 2027 outlook mean?

Fugro's first-half revenue reached EUR 920.80 million, versus a EUR 870.90 million forecast, a 5.73 percent difference, based on TradingView. The period ended June 30, 2026, and Fugro's investor page identifies the half-year publication as July 31, 2026.

KBC Securities kept a Hold recommendation but cut its target from EUR 11.50 to EUR 9.00 on October 13, 2026, according to KBC. The analyst cited weaker visibility and expected pressure in the third and fourth quarters, while offshore wind recovery was pushed beyond 2027.

Three dated signals for investors

On October 13, 2026, KBC cut its target to EUR 9.00 from EUR 11.50. On October 14, 2026, Fugro announced a EUR 150 million unsecured facility from the European Investment Bank to support its uncrewed surface vessel technology. On October 20, 2026, NOAA selected Fugro for the Florida mapping work. These events connect capital access, market expectations and operational demand.

Upcoming reporting dates

Fugro's next Q3 2026 trading update is scheduled for October 30, 2026, followed by full-year 2026 results on March 4, 2027, according to the company's Fugro investor page. The dates give investors two formal checkpoints for assessing demand and the company's margin outlook.

Stock remains below its yearly high

Fugro's EUR 7.82 price is 39.10 percent below the EUR 12.84 52-week high, based on the same euro-denominated quote context. The company also secured the EUR 150 million EIB facility on October 14, 2026, adding financing support to its technology investment program.

Fugro was trading at EUR 7.82 at Lang & Schwarz on October 27, 2026 at 1:23 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Fugro stock.