SAFRAN SA (SAF) AI Stock Analysis

SAFRAN SA

(Paris:SAF)

Select Model

Rating:64Neutral

Price Target:EUR 291.00▲(1.22% Upside)

Action:downgraded

Date:10/24/26

The score is supported primarily by strong financial performance—improving balance sheet leverage and robust, rising cash generation alongside revenue growth. This is meaningfully offset by weak technicals (price below all key moving averages with bearish momentum) and a valuation profile that is not especially cheap (high P/E with only a modest dividend yield).

Positive Factors

Recurring aftermarket revenueSafran’s installed-base aftermarket activities provide revenue beyond initial aircraft deliveries, including parts, repairs, overhauls, and support. This recurring demand can improve revenue durability, deepen customer relationships, and support cash generation throughout long aircraft operating lives.

Negative Factors

Earnings volatilityLarge swings between losses and profits reduce visibility into Safran’s sustainable earnings power, even when the latest year is strong. Volatile gross margins can complicate planning, weaken confidence in medium-term profitability, and make results more sensitive to program and operating developments.

SAFRAN SA (SAF) vs. iShares MSCI France ETF (EWQ)

Market Cap: EUR 114.94B
Dividend Yield: 1.22%
Average Volume (3M): 514.55K
Price to Earnings (P/E): 29.6
Beta (1Y): 1.38
Revenue Growth: 14.27%
EPS Growth: -9.86%
Country: France
Employees: 103,710
Sector: General
Sector Strength: 55
Industry: Aerospace & Defense

SAFRAN SA Business Overview & Revenue Model

Company Description

Safran S.A., a global leader operating within the aerospace and defense industries, maintains its headquarters in Paris, France, where it was established in 1924. The company's diverse operations are structured across three principal segments: Aerosp...

How the Company Makes Money

Safran primarily makes money by selling aerospace equipment and long-life systems to aircraft and engine manufacturers, airlines, leasing companies, and defense/government customers, and by generating recurring aftermarket revenue over the operating...

SAFRAN SA Financial Statement Overview

Summary

Fundamentals are solid, led by steady revenue growth through 2025, improving leverage (debt-to-equity trending down), and consistently strong operating/free cash flow. The main constraint is earnings and margin volatility across years (including loss years), which reduces visibility despite strong 2025 profitability.

Income Statement

78Positive

Balance Sheet

72Positive

Cash Flow

82Very Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	33.57B	31.19B	27.72B	23.65B	19.52B	15.29B
Gross Profit	4.59B	4.47B	13.46B	11.21B	9.17B	7.56B
EBITDA	5.85B	5.62B	5.44B	4.52B	3.78B	2.63B
Net Income	3.88B	7.18B	-667.00M	3.44B	-2.46B	43.00M
Balance Sheet
Total Assets	66.39B	61.81B	55.01B	50.47B	46.83B	41.72B
Cash, Cash Equivalents and Short-Term Investments	6.51B	6.79B	6.76B	6.68B	6.69B	5.25B
Total Debt	5.11B	5.33B	5.06B	6.58B	6.95B	7.13B
Total Liabilities	51.26B	46.35B	44.29B	38.38B	35.96B	28.45B
Stockholders Equity	14.51B	14.84B	10.18B	11.58B	10.41B	12.84B
Cash Flow
Free Cash Flow	5.23B	4.48B	3.69B	3.44B	2.95B	2.00B
Operating Cash Flow	6.70B	5.72B	4.73B	4.27B	3.54B	2.44B
Investing Cash Flow	-3.40B	-3.38B	-1.85B	-1.70B	-1.29B	-738.00M
Financing Cash Flow	-3.52B	-2.01B	-3.07B	-2.58B	-815.00M	-268.00M

SAFRAN SA Technical Analysis

Technical Analysis SentimentNegative

Last Price287.50

Price Trends

50DMA321.13Negative

100DMA331.19Negative

200DMA314.90Negative

Market Momentum

MACD-14.24Positive

RSI27.76Positive

STOCH11.88Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:SAF, the sentiment is Negative. The current price of 287.50 is below the 20-day moving average (MA) of 303.86, below the 50-day MA of 321.13, and below the 200-day MA of 314.90, indicating a bearish trend. The MACD of -14.24 indicates Positive momentum. The RSI at 27.76 is Positive, neither overbought nor oversold. The STOCH value of 11.88 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:SAF.

SAFRAN SA Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

FR:SAF against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FR:AM	82Outperform	EUR 23.60B	23.78	15.18%	1.56%	33.17%	29.17%
FR:HO	70Outperform	EUR 48.44B	32.38	18.73%	1.65%	6.89%	118.90%
FR:SAF	64Neutral	EUR 114.94B	29.61	26.45%	1.22%	14.27%	-9.86%
FR:AIR	64Neutral	EUR 152.28B	24.64	23.54%	1.66%	6.20%	21.81%
FR:FII	62Neutral	EUR 2.90B	17.82	14.71%	0.72%	-8.41%	61.59%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
FR:LAT	41Neutral	EUR 148.95M	-3.08	-69.70%	―	11.71%	-171.43%

* General Sector Average

Performance Comparison

FR:SAF and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
FR:SAF	SAFRAN SA	275.70	-31.15	-10.15%
FR:AIR	Airbus Group	192.40	-17.86	-8.50%
FR:AM	Dassault Aviation	307.00	26.79	9.56%
FR:LAT	Latecoere SA	0.01	-0.00	-15.38%
FR:FII	Lisi SA	63.80	14.57	29.60%
FR:HO	Thales	235.70	-9.38	-3.83%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 24, 2026

SAFRAN SA AI Stock Analysis