AIR FRANCE-KLM (AF.PA) Forecast, Price Target & Analyst Ratings

EPA:AFFR001400J770

Current stock price

9.12 EUR
-0.07 (-0.76%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for AIR FRANCE-KLM (AF.PA).

Forecast Snapshot

Consensus Price Target

Price Target
€12.43
+ 36.28% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 30, 2026
Period
Q1 / 2026
EPS Estimate
-€1.12
Revenue Estimate
7.56B

ChartMill Buy Consensus

Rating
54.07%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
€12.43
Upside
+ 36.28%
From current price of €9.12 to mean target of €12.43, Based on 27 analyst forecasts
Low
€9.39
Median
€12.04
High
€21.00

Price Target Revisions

1 Month
5.66%
3 Months
6.30%

Price Target Summary

27 Wall Street analysts provided a forecast for the next 12 months for AF.PA. The average price target is 12.43 EUR. This implies a price increase of 36.28% is expected in the next year compared to the current price of 9.12.
The average price target has been revised upward by 6.3% in the past 3 months.

Analyst Ratings & History

Current Analyst Ratings

AF Current Analyst RatingAF Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

AF Historical Analyst RatingsAF Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20 25

Analyst Ratings Consensus

ChartMill Buy Consensus
54.07%
AF.PA was analyzed by 27 analysts. The buy percentage consensus is at 54. So analysts seem to be rather neutral about AF.PA.
In the last month the buy percentage fell by 14 points. So the trust of analysts is decreasing.
AF.PA was analyzed by 27 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2025-12-12ING FMMaintains Hold -> Hold
2025-01-06BANCO SANTANDERMaintains Underperform -> Underperform
2025-01-06ING FMMaintains Hold -> Hold
2021-08-02BarclaysInitiate
2021-07-13Morgan StanleyInitiate
2021-06-22UBSInitiate Neutral
2021-06-16Sanford BernsteinInitiate Sell
2021-05-07Berenberg BankInitiate Sell
2021-04-23Deutsche BankInitiate Sell
2021-04-21BarclaysInitiate Neutral
2021-03-22Sanford BernsteinInitiate Sell
2021-03-15UBSInitiate Neutral
2021-02-22Deutsche BankInitiate Sell
2021-02-16Sanford BernsteinInitiate Sell
2021-02-09UBSInitiate Neutral

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 30, 2026
Period
Q1 / 2026
EPS Estimate
-€1.12
Revenue Estimate
7.56B
Revenue Q2Q
5.51%
EPS Q2Q
3.33%
Number of Analysts
6

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
0.06%
EPS (1 Month)
0.00%
EPS (3 Months)
15.87%

Next Earnings Summary

AF.PA is expected to report earnings on 4/30/2026. The consensus EPS estimate for the next earnings is -1.12 EUR and the consensus revenue estimate is 7.56B EUR.
The next earnings revenue estimate has been revised upward by 0.06% in the past 3 months.

Full Analyst Estimates 2026 - 2030

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
AF.PA revenue by date.AF.PA revenue by date.
30.019B
13.74%
31.459B
4.80%
33.007B
4.92%
35.556B
7.72%
37.422B
5.25%
38.762B
3.58%
39.144B
0.99%
40.105B
2.46%
EBITDA
YoY % growth
AF.PA ebitda by date.AF.PA ebitda by date.
4.072B
17.55%
4.103B
0.76%
5.092B
24.10%
5.459B
7.21%
5.906B
8.19%
6.305B
6.76%
6.718B
6.55%
6.685B
-0.49%
EBIT
YoY % growth
AF.PA ebit by date.AF.PA ebit by date.
1.576B
51.25%
1.46B
-7.36%
2.038B
39.59%
2.203B
8.10%
2.505B
13.71%
2.681B
7.03%
3.055B
13.95%
2.943B
-3.67%
Operating Margin
AF.PA operating margin by date.AF.PA operating margin by date.
5.25%4.64%6.17%6.20%6.69%6.92%7.80%7.34%
EPS
YoY % growth
AF.PA eps by date.AF.PA eps by date.
4.12
696.74%
1.14
-72.32%
5.83
411.40%
4.36
-25.17%
5.16
18.25%
5.79
12.30%
6.41
10.70%
6.09
-5.10%

All data in EUR

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26
EPS
Q2Q % growth
-1.12
3.33%
1.21
-45.22%
2.81
11.58%
Revenue
Q2Q % growth
7.56B
5.51%
9.027B
6.92%
9.942B
7.91%
EBITDA
Q2Q % growth
563.51M
41.59%
1.6B
-26.71%
2.189B
-37.37%
EBIT
Q2Q % growth
-242.211M
25.70%
780.46M
7.50%
1.282B
6.48%

All data in EUR

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

AF.PA Yearly Revenue VS EstimatesAF.PA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 10B 20B 30B 40B
AF.PA Yearly EPS VS EstimatesAF.PA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 -20 -40 -60

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
-0.21%
EPS Next 5 Year
0.86%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
4.51%
Revenue Next 5 Year
3.38%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
48.02%
EBIT Next 5 Year
28.02%

AIR FRANCE-KLM / AF.PA Forecast FAQ

Can you provide the average price target for AIR FRANCE-KLM stock?

27 analysts have analysed AF.PA and the average price target is 12.43 EUR. This implies a price increase of 36.28% is expected in the next year compared to the current price of 9.12.

Can you provide the upcoming earnings date for AIR FRANCE-KLM?

AIR FRANCE-KLM (AF.PA) will report earnings on 2026-04-30.

Can you provide the consensus estimates for AIR FRANCE-KLM next earnings?

The consensus EPS estimate for the next earnings of AIR FRANCE-KLM (AF.PA) is -1.12 EUR and the consensus revenue estimate is 7.56B EUR.

How do analysts rate AIR FRANCE-KLM (AF.PA)?

The consensus rating for AIR FRANCE-KLM (AF.PA) is 54.0741 / 100 . This indicates that analysts generally have a neutral outlook on the stock.