JP Morgan trims Airbus SE target to EUR 225, reduced from EUR 240

JP Morgan trims Airbus SE target to EUR 225, reduced from EUR 240

JP Morgan Maintains Buy Rating on Airbus Despite Mixed Analyst Outlook

On February 22, 2026, JPMorgan analyst David H. Perry reiterated a Buy rating for Airbus SE (AIR.PA), maintaining a target price of €240, according to recent reports. This follows earlier adjustments by the firm, which had previously raised its price target from €220 to €240 in late 2025, reflecting confidence in Airbus's operational execution and long-term growth prospects.

While JPMorgan's stance remains positive, broader analyst sentiment toward Airbus has shown divergence. Some firms have adjusted their targets in response to evolving industry dynamics. For instance, Kepler Cheuvreux downgraded its recommendation to Hold with a price target of €214, citing concerns that recent gains may already be priced into the stock. Similarly, Berenberg slightly revised its target to €205 from €200, adopting a more neutral stance despite acknowledging incremental improvements in Airbus's performance.

Positive momentum for Airbus has been driven by strong Q3 results, including higher adjusted EBIT margins, robust free cash flow, and sustained demand for its aircraft. The company's expansion efforts, such as a new A320neo assembly line in China and strategic delivery deferrals with carriers like Wizz Air, have also drawn attention. Additionally, Airbus's A320 family recently surpassed Boeing's 737 as the most-delivered jetliner in history, underscoring its competitive position.

However, challenges persist, including supply chain constraints and potential tariff impacts. Analysts noted that while Airbus's cost control and revenue growth expectations have improved— reflected in an upgraded consensus price target of €221.65—valuation concerns and near-term risks remain relevant considerations.

For investors, the mixed analyst outlook highlights the need to balance Airbus's strong fundamentals with macroeconomic uncertainties. JPMorgan's continued endorsement of the stock contrasts with more cautious takes from peers, emphasizing the importance of monitoring evolving industry conditions and corporate developments.

JP Morgan reiterates Buy rating with €240 target.
Analyst upgrades, downgrades, and key factors influencing Airbus's outlook.