Orange shares surge to 16-year high on strong profit and ambitious financial targets
Orange shares surged today as the firm raised its 2028 cash flow targets and reported strong earnings. Investors cheered plans for European expansion.
Insights:
Orange S.A. shares climbed to their highest level since April 2010 on Thursday morning, February 19, 2026, following the company's announcement of a profit beat for the period of October to December 2025 and a significant upgrade to its 2028 financial targets. The results and updated guidance, which were released after the market close, have materially revised the company's cash-flow and dividend outlook. For 2028, the company now targets organic cash flow of approximately €5.2 billion and has raised its dividend floor to €0.85 per share, representing a 12% compound annual growth rate for the 2025–2028 period.
