Euronext stock ends a strong week after broker upgrade — what to watch next

February 28, 2026
Euronext stock ends a strong week after broker upgrade — what to watch next

Paris, Feb 28, 2026, 06:58 (CET) — Market closed

  • Euronext shares ended Friday at 140.00 euros, up 2.2% on the day and nearly 10% on the week.
  • A Kepler Cheuvreux upgrade helped keep the bid under the stock into the weekend.
  • Next week’s euro zone inflation update and U.S. jobs data could jolt volatility — and trading volumes.

Euronext shares closed at 140.00 euros on Friday, up 2.19% on the day, and notched a weekly gain of about 9.9% as buyers stuck with the trade into the weekend. 1

That matters because Euronext is not just another financial stock. It sells access to markets — cash equities, derivatives, bonds and post-trade services — so shifts in trading activity can show up quickly in revenue expectations.

A quiet tape can pinch volumes and fee income. A rough tape can do the opposite, even when it scares off some listings. That’s the setup heading into a macro-heavy week.

Kepler Cheuvreux on Friday upgraded Euronext to “buy” from “hold” and lifted its price target to 157 euros, according to a report carried by MT Newswires. 2

The move builds on a run that has leaned on Euronext’s own messaging from its full-year results this month, including a proposed dividend of 321.5 million euros and a 2026 expense outlook that points to higher investment. Chief executive Stéphane Boujnah called 2025 “an excellent start” to the group’s plan, citing “double-digit growth in revenue, EBITDA and EPS.” 3

Exchange operators have been back in focus more broadly as investors look for steady fee businesses and shareholder returns. London Stock Exchange Group this week outlined a £3 billion buyback, a reminder that the sector’s capital returns story is alive even with IPO activity still patchy. 4

For the week ahead, the big swing factor is whether economic data stirs up rate bets and risk appetite. A Reuters “Take Five” note flagged the U.S. February employment report as a key test after a strong January print, alongside other indicators on growth and activity. 5

In Europe, traders start with inflation. Eurostat said the next flash estimate of euro area inflation — for February — is scheduled for March 3. 6

In the U.S., the labour market headline lands at the end of the week. The Bureau of Labor Statistics calendar shows the February employment report is due on March 6 at 8:30 a.m. ET. 7

But there’s a catch for Euronext bulls: if the data comes in close to expectations and markets grind instead of swing, volumes can cool fast. And if cost discipline slips while the group funds new projects, the market’s tolerance for a richer valuation can thin out.

Beyond the immediate macro calendar, investors have one clean set of dates on their screens: Euronext is due to publish first-quarter 2026 results on May 19, followed by its annual general meeting on May 20, where the dividend proposal will be in play. 8