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Ryanair’s Strong Financial Performance and Growth Prospects Drive Price Objective Increase to €28

Ryanair’s Strong Financial Performance and Growth Prospects Drive Price Objective Increase to €28

Analyst Muneeba Kayani of Bank of America Securities reiterated a Buy rating on Ryanair Holdings, boosting the price target to €28.00.

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Muneeba Kayani’s rating is based on Ryanair’s strong financial performance and growth prospects. The company reported a significant increase in traffic and fares, with traffic rising by approximately 4.1% year-over-year in the first quarter of fiscal year 2026 and fares increasing by 16% year-over-year. Ancillary revenues per passenger also showed growth, and the company maintained a strong balance sheet and cash flow.
Additionally, Kayani raised the price objective to €28, reflecting higher earnings estimates and potential for further upside due to Ryanair’s market share gains and strong earnings growth projections. The shares are trading at a price-to-earnings ratio that is largely in line with historical averages, and the company is expected to benefit from favorable sector trends and a tailwind from fuel prices, despite some cost inflation pressures.

In another report released on July 9, Bernstein also maintained a Buy rating on the stock with a €27.00 price target.

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