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Thales: Robust Defense-Led Growth and Strong Order Momentum Support Buy Rating

Jefferies analyst Chloe Lemarie has maintained their bullish stance on 0IW5 stock, giving a Buy rating on April 10.

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Chloe Lemarie has given his Buy rating due to a combination of factors including Thales’s robust start to the year, with nearly double‑digit organic revenue expansion supported primarily by strong momentum in its defense activities. The defense segment’s mid‑teens organic growth is offsetting softness in cyber, allowing the group to deliver solid overall top‑line progress while maintaining confidence in current business trends.

Furthermore, the company’s order intake has accelerated sharply, rising at a high double‑digit organic rate on a relatively easy prior‑year comparison, with defense orders surging and other divisions remaining broadly stable. The reaffirmation of full‑year guidance signals management’s visibility and underpins expectations of sustained growth and earnings resilience, supporting a positive investment stance on the stock.

According to TipRanks, Lemarie is a top 100 analyst with an average return of 31.3% and a 79.91% success rate. Lemarie covers the Industrials sector, focusing on stocks such as Airbus Group SE, HENSOLDT AG, and RENK Group AG.

In another report released on April 10, UBS also maintained a Buy rating on the stock with a €390.00 price target.

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