Airbus
Note: This is a daily stock update and the information stands true as of 19/02/26, 09:00 CET.
Company Update:
Expert Opinion:
Stocks are expected to drop 4% at the open. The stock had a great run and we now have a reduce rating due to our limited upside. Airbus is still a long-term buy and hold in his opinion. But he expects that in the short term, there will be profit-taking.
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Company Update:
Airbus delivered solid FY25 execution with revenues of €73.4bn, EBIT Adjusted of €7.1bn and FCF before customer financing of €4.6bn, supported by robust demand and a record backlog. However, 2026 guidance disappointed, with EBIT Adjusted at ~€7.5bn vs ~€8.3bn consensus, ~870 deliveries vs >900 expected, and FCF guidance of ~€4.5bn, below market hopes.
The shortfall reflects ongoing Pratt & Whitney engine shortages, forcing Airbus to delay its A320 ramp-up. The group now targets 70–75 aircraft per month by the end of 2027, stabilizing at 75 beyond 2027, versus a previous target of 75/month already in 2027.
With earnings and cash recovery pushed out, we expect a meaningful negative share price reaction in the near term despite intact long-term demand fundamentals.
Expert Opinion:
Stocks are expected to drop 4% at the open. The stock had a great run and we now have a reduce rating due to our limited upside. Airbus is still a long-term buy and hold in his opinion. But he expects that in the short term, there will be profit-taking.
For daily updates, subscribe to our newsletter and for detailed information, reach out to us at sales@alphavalue.eu
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Alphavalue Morning Market Tip
Weak Q2 results and FY guidance (marginally) cut but a fat 9.4 % div yield.
