Thales (HO.PA) Stock Price

Thales Price

Euronext·CLOSED
218.30
​
Market closed

Revenue has compounded at 4.1% per year over the past 19 years to 22.14 B EUR. Earnings per share have grown at 7.2% per year over the last 19 years. Thales's net margin stands at 7.6%, broadly stable from 6.7% several years earlier. Thales currently offers a dividend yield of about 1.74%. The payout ratio is around 47% of earnings. The dividend has grown at 8.3% per year over the past 19 years. Analysts set a median price target of 289.68 EUR, implying 32.7% above the current price. Of 28 analysts, 19 rate the stock a buy — an overall Buy consensus.

Thales stock price

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Thales business model & stock analysis

Thales SA is a French company that was originally founded in 1893 as a manufacturer of measuring instruments. Today, it is one of the leading providers of solutions and products for the defense and aerospace industries, as well as digital security and the transportation sector. Thales' business model is based on customized, innovative solutions that help customers meet their security and mobility needs. Thales offers a wide portfolio of products and services, including air traffic management systems, radar, sonar, and communication systems, as well as cybersecurity solutions and ticketing systems for public transportation. Thales is divided into four business segments: Defense & Security, Aerospace, Transport, and Digital Identity and Security. In the Defense & Security sector, Thales offers various products and services aimed at improving national security and defense. The product range includes communication systems, cybersecurity solutions, air and sea surveillance systems, and control facilities. In the Aerospace division, Thales provides civil and military aviation solutions. The offerings range from commercial avionics systems and flight safety solutions to satellites and unmanned aerial vehicles. The Transport segment includes solutions and systems for public transportation, including ticketing, train control, and signaling systems. Thales is an important partner for cities and transportation companies in ensuring reliable and secure public transportation. In the Digital Identity and Security field, Thales offers solutions for digital security, authentication, and identity management to protect the privacy and security of individuals and organizations. The offered products include digital signatures, encryption, and authentication solutions integrated into cloud computing systems. Over the years, Thales has developed numerous groundbreaking products and technologies, including the TopOwl helmet-mounted display system, which provides pilots with improved visibility in poor weather conditions, and the Sotas system, which offers encryption and secure communication for military forces. Thales has also made a name for itself through its efforts in sustainability and social responsibility. The company is committed to reducing its ecological footprint and driving the development of clean energy technologies. Thales also engages in social projects and supports initiatives to promote education and science. Overall, Thales is a company with a rich history and a strong presence in the defense, aerospace, transportation, and security industries. With its broad portfolio of solutions and products, Thales will continue to play an important role in providing innovative technologies and solutions to meet the needs of its customers.

Frequently asked questions about Thales

Thales SA operates under a diversified business model focused on providing advanced technology solutions. As a leading global company, Thales specializes in aerospace, defense, and security markets. Their business activities encompass a wide range of industries, including transportation, space, and digital identity and security. Thales offers innovative solutions and services, such as communication systems, cybersecurity, avionics, and transportation systems. By leveraging their expertise in cutting-edge technologies, Thales aims to address complex challenges and deliver tailored solutions for their customers. With a commitment to technological leadership and customer satisfaction, Thales continues to drive innovation and shape industries worldwide.

Thales SA is primarily active in the aerospace, defense, and technology industries.

The main competitors of Thales SA in the market are Airbus SE, Leonardo S.p.A, and Raytheon Technologies Corporation.

Thales SA is a multinational company with a rich history and impressive background. Founded in 1893, Thales has grown to become a global leader in the aerospace, defense, and security industries. The company operates in over 56 countries, employing more than 80,000 professionals worldwide. Thales specializes in providing advanced technology solutions for customers in various sectors, including transportation, space, and digital security. With a strong focus on innovation and research, Thales consistently delivers cutting-edge products and services to meet the evolving needs of its clients. By combining expertise, experience, and a commitment to excellence, Thales SA has firmly established itself as a trusted and influential player in the global market.

Thales SA, a leading company in the aerospace and defense industry, has achieved numerous significant milestones throughout its history. One notable achievement was the development of groundbreaking communication technologies that revolutionized the industry. Thales SA also played a vital role in the creation of various mission-critical systems for defense and security purposes. Additionally, the company has achieved recognition for its expertise in providing state-of-the-art transportation solutions, enhancing safety and efficiency in the field. Thales SA's commitment to innovation and excellence has garnered it a solid reputation as a trusted global provider of advanced technology solutions across various sectors.

Thales SA is primarily present in various countries and regions worldwide. With a global footprint, Thales operates in Europe, including France, where the company is headquartered, as well as in other European nations such as Germany, the United Kingdom, and the Netherlands. Additionally, Thales has a strong presence in North America through its operations in the United States and Canada. The company also extends its reach to the Asia Pacific region, particularly in countries like Australia, China, and Singapore. Thales' extensive international presence allows it to cater to a diverse range of markets and customers across the globe.

Thales SA represents a set of core values and a strong corporate philosophy. The company believes in innovation, aiming to anticipate and meet the technological needs of its customers. Thales SA places great emphasis on collaboration, seeking to work closely with customers, partners, and employees to deliver the best possible solutions. With a commitment to integrity, Thales SA strives to conduct its business with honesty, transparency, and ethical practices. The company also emphasizes sustainability, aiming to minimize its environmental impact and contribute to a more sustainable future. Thales SA's values and corporate philosophy ultimately drive their mission to provide trusted and reliable solutions to their clients globally.

Analysts currently set an average price target of 290.94 EUR for the Thales stock (median: 289.68 EUR), implying +33.3 % versus the latest price. The consensus is based on 28 analyst ratings.

28 analysts currently rate the Thales stock: 19 recommend buying, 6 holding and 3 selling. For 2026, analysts expect Thales to generate revenue of 23.82 B EUR and earnings per share of 10.76 EUR.

The Thales share (HO.PA) is listed on 8 stock exchanges, including: London (0IW5.L), Frankfurt (CSF.F), München (CSF.MU), Düsseldorf (CSF.DU), Wien (THAL.VI), Paris (HO.PA).

Thales SA is an international conglomerate specializing in electronic systems, including defense, aviation, and transportation technology. The company was founded in 2000 and is headquartered in Paris, France. It is divided into four business sectors: Aerospace, Transport, Defense & Security, and Digital Identity & Security.

The expected revenue of Thales is 23.82 B EUR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Thales is 2.22 B EUR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Thales is currently 20.28. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Thales stock.

The price-to-sales ratio (P/S) of Thales is currently 1.89. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Thales stock.

The Eulerpool Quality Score for Thales is 7/10.

The ISIN of Thales is FR0000121329. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Thales is 850842. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Thales is HO.PA. The ticker symbol is used to trade Thales shares on the stock exchange.

Fair ValueTerminal
194.29 EUR
Over-/UndervaluationTerminal
Fairly valued
Sector
Industry
Aerospace & Defense
Number of shares
Employees
Revenue per Employee
267,978.94 EUR
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Country
Currency
EUR
Initial public offering
Dec 18, 1986
ISIN
FR0000121329
Cusip
F9156M108
Sedol
4162791
Market capitalization
44.97 B EURLarge Cap
52-Week Range
PEG
2.63
P/E ratio
P/Ee 2026
20.28
P/Ee 2027
17.70
P/Ee 2028
15.62
P/Ee 2029
13.89
P/Ee 2030
12.46
P/S
P/Se
1.89
EV/EBIT
19.23
P/B Ratio
5.64
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
16.58 %
Dividend
Dividend yield
1.74 %
Est. Dividend Yield
2.70 %
Payout Ratio
46.75 %
Dividend growth Ø5Y
14.16 %
Dividend payments per year
2
Dividend paid since
31 years
Dividend not reduced since
5 years
Dividend increased since
5 years
Dividend withholding tax
25.00 %
Last updated Oct 10, 2026, 8:14 PM

Thales Ticker

DÜSSELDORF · CSF.DUEURONEXT · HO.PAFRANKFURT · CSF.FLONDON · 0IW5.LMUNICH · CSF.MUPARIS · HO.PAOTC · THLEFVIENNA · THAL.VI

Thales FIGI

HO:FP · BBG000BCFRQ6CSF:GR · BBG000BCYQW0CSF:GF · BBG000BCYR76CSF:GD · BBG000BCYRY6CSF:GS · BBG000BCYSM7CSF:GM · BBG000BCYT27CSF:GB · BBG000BCYTF3CSF:GH · BBG000BCYVS4THLEF:US · BBG000BSY221THLEF:PQ · BBG000BSYB76THLEF:UV · BBG000BSYC01HOUSD:EO · BBG000C42ZV3