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Alstom Confirms Growth and Profitability Targets in Q4 and FY 2025/26 Preview

Story Highlights
  • Alstom reports strong order momentum, with €20 billion booked in nine months and major Q4 contracts across Europe and North America.
  • The group reiterates FY 2025/26 guidance for growth, margins and free cash flow, while flagging currency, scope and restructuring headwinds.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Alstom SA ( (FR:ALO) ) has issued an update.

Alstom has previewed its fourth-quarter and full-year 2025/26 results, highlighting continued commercial momentum with about €20 billion of orders in the first nine months and a Q4 pipeline that includes large contracts in Portugal, Canada, the U.K., the U.S. and Serbia, as well as undisclosed signalling and systems deals. The company reiterated guidance for a book-to-bill ratio above 1 for both the group and Rolling Stock, organic sales growth above 5%, an adjusted EBIT margin around 7% and free cash flow of €200 million to €400 million, while warning of currency headwinds, negative scope and forex impacts on sales, and restructuring and financial charges that stakeholders should factor into profitability expectations.

The most recent analyst rating on (FR:ALO) stock is a Hold with a EUR25.00 price target. To see the full list of analyst forecasts on Alstom SA stock, see the FR:ALO Stock Forecast page.

More about Alstom SA

Alstom SA is a global rolling stock and rail technology manufacturer, supplying trains, metros, light-rail vehicles and signalling systems to passenger and freight operators worldwide. The group also focuses on turnkey metro solutions and long-term operations and maintenance contracts, positioning itself as a key player in rail mobility and transport infrastructure markets.

Average Trading Volume: 1,248,597

Technical Sentiment Signal: Buy

Current Market Cap: €11.61B

See more data about ALO stock on TipRanks’ Stock Analysis page.

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