Safran expands Texas capacity: Safran stock trades 13.38 percent below its high

Published on 10/13/2026 at 10:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Safran will double Texas capacity in 2028 for missile engines. Safran stock costs EUR 317.45 on October 13, 2026, 13.38 percent below its high.

Safran announced a plan to double Texas missile-engine capacity by 2028.
Safran stock was at EUR 317.45 at Lang & Schwarz on October 13, 2026, down 0.30 percent versus the Xetra close of EUR 318.40 on October 12, 2026.
The price stood 13.38 percent below the 52-week high of EUR 366.50.
Jefferies kept a Hold rating and a EUR 340.00 target on October 9, 2026.

Flatlay of turbine blade, measuring tools, and engineering blueprint on dark surface — Safran FR0000073272 flatlay of titanium turbine blade sample with calipers, gauge, and engineering blueprint, Illustration mit AI erstellt.

Safran (ISIN FR0000073272) plans to double capacity at its Grand Prairie, Texas, facility by 2028, while Safran stock was trading at EUR 317.45 at Lang & Schwarz on October 13, 2026, down 0.30 percent versus the Xetra close of EUR 318.40 on October 12, 2026. The price was 13.38 percent below the 52-week high of EUR 366.50.

Texas capacity doubles by 2028

According to Safran on September 30, 2026, Safran Power Units will expand its Grand Prairie site for turbojet engines used in missiles and drones. The additional capacity is scheduled to come onstream in 2028, with the TR40 engine family supporting the U.S. defense market.

The official release said demand for the TR40 family had quadrupled in recent years and that more than 1,200 units had been delivered worldwide. Safran also reported more than 11,000 employees across 71 U.S. sites, giving the project a wider industrial footprint than a single factory investment.

Three events set the backdrop

On July 28, 2026, Safran reported first-half adjusted revenue of EUR 17.60 billion, up 19.00 percent, with recurring operating income up 29.00 percent to EUR 3.20 billion, according to Defense and Tech. On September 18, 2026, Safran announced a share buyback tranche of up to EUR 375.00 million, according to WebDisclosure. The September 30 Texas expansion is the latest of the three dated developments.

What does the target imply?

Jefferies maintained a Hold rating and a EUR 340.00 price target on October 9, 2026, according to Markets Insider. At EUR 317.45, the price lies 6.63 percent below that target, while the target lies 7.10 percent above the Lang & Schwarz price. The comparison puts the Texas investment alongside a measured analyst stance rather than a unilateral market signal.

Next dates for Safran

Safran's next two listed events are Q3 2026 revenue on October 23, 2026, and fiscal 2026 results on February 9, 2027, according to Safran. The October revenue update will provide the next reported operating checkpoint after the first-half growth figures and the Texas capacity announcement.

Safran stock stays below its yearly high

At Lang & Schwarz, Safran stock was trading at EUR 317.45 on October 13, 2026 at 9:52 a.m. CEST, down 0.30 percent versus the Xetra close of October 12, 2026 at EUR 318.40. Its 52-week range was EUR 262.60 to EUR 366.50 as of October 9, 2026, according to the quoted market data.

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