Air France-KLM SA (EPA:AF)
France flag France · Delayed Price · Currency is EUR
12.44
-0.02 (-0.16%)
Jun 22, 2026, 1:10 PM CET

Air France-KLM Stock Forecast

Stock Price Forecast

According to 20 analysts polled by S&P Global, Air France-KLM stock has a consensus rating of "Hold" and an average price target of €11.14. The average 1-year stock price forecast is 10.41% lower than the current stock price, while the lowest is €8.10 (-34.86%) and the highest is €16.00 (+28.67%).

Price Target: €11.14 (-10.41%)
Analyst Consensus: Hold
TargetLowAverageMedianHigh
Price€8.10€11.14€10.75€16.00
Change-34.86%-10.41%-13.55%+28.67%

Analyst Ratings

The average analyst rating for Air France-KLM stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy122222
Buy112233
Hold151414131211
Sell221112
Strong Sell111222
Total202020202020

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Barclays
Barclays
Sell
Downgrades
€9.30€10.00
SellDowngrades€9.30€10.00-19.58%Jun 5, 2026
Morgan Stanley
Morgan Stanley
Buy
Upgrades
€9.40€11.50
BuyUpgrades€9.40€11.50-7.52%May 26, 2026
RBC Capital
RBC Capital
Hold
Maintains
€10.50€10.00
HoldMaintains€10.50€10.00-19.58%May 5, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
€15.00
BuyMaintains€15.00+20.63%May 5, 2026
Citi
Citi
Hold
Maintains
€10.20€9.90
HoldMaintains€10.20€9.90-20.39%May 1, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
35.10B
from 33.01B
Increased by 6.34%
Revenue Next Year
36.67B
from 35.10B
Increased by 4.46%
EPS This Year
3.22
from 5.83
Decreased by -44.78%
EPS Next Year
4.90
from 3.22
Increased by 52.30%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
14.32B26.39B30.02B31.46B33.01B35.10B
Revenue Growth
29.10%84.37%13.74%4.80%4.92%6.34%
Gross Profit
1.68B5.04B6.17B6.03B6.93B6.14B
Gross Margin
11.76%19.10%20.55%19.16%21.00%17.50%
Operating Income
-1.65B1.03B1.67B1.58B2.08B1.60B
Net Income
-3.29B728.00M934.00M317.00M1.59B723.03M
EPS
----5.833.22
EPS Growth
----256.04%-44.78%
Forward PE
-13.213.392.322.753.86
Free Cash Flow
-1.40B2.18B575.63M-394.50M518.38M709.70M
No. Analysts
-----18
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is EUR.

Revenue Forecast

Revenue202620272028
High36.3B
Avg35.1B
Low33.4B

Revenue Growth

Revenue Growth202620272028
High
9.9%
Avg
6.3%
Low
1.0%

EPS Forecast

EPS202620272028
High4.54
Avg3.22
Low2.19

EPS Growth

EPS Growth202620272028
High
-22.1%
Avg
-44.8%
Low
-62.4%