Talgo stock | Growth outlook for 2026 & price target

Talgo

BME:TLGO

€ 2,73

€-0,02 (-0,73%)

2,73 €

€-0,02 (-0,73%)

End-of-day quote: 03/27/2026

Talgo Stock Value

The current analyst rating for Talgo is Hold.

Hold

Talgo Company Info

EPS Growth 5Y

-21,91%

Market Cap

€0,36 B

Long-Term Debt

€0,35 B

Quarterly earnings

05/09/2026 (E)

Dividend

€0,00

Dividend Yield

0,00%

Founded

1942

Industry

Industrials

Country

Spain

Website

Talgo

ISIN Number

ES0105065009

Website

http://www.talgo.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

€3,50

28.21%

Last Update: 03/30/2026

Analysts: 5

Highest Price Target €3,90

Average Price Target €3,50

Lowest Price Target €2,92

In the last five quarters, Talgo’s Price Target has fallen from €5,47 to €3,93 - a -28,15% decrease. One analysts predict that Talgo’s share price will increase in the coming year, reaching €3,50. This would represent an increase of 28,21%.

Top growth stocks in the industrials sector (5Y.)

What does Talgo do?

Talgo, S.A. is a player in the railway industry, specializing in the design, manufacture, and maintenance of high-speed trains and other rail vehicles. The company has established itself as a leader in the development of innovative rail solutions that enhance the efficiency and sustainability of rail transport. Business Segments The company operates through several key business segments that encompass the design, manufacturing, and maintenance of rail vehicles. The primary segments include the...

Business Segments

The company operates through several key business segments that encompass the design, manufacturing, and maintenance of rail vehicles. The primary segments include the manufacturing of high-speed trains, regional trains, and maintenance services. Each segment is tailored to meet the specific needs of different markets and customer requirements.

High-Speed Train

The high-speed train segment is one of the most significant areas of focus for the company The company has developed advanced high-speed trains that are recognized for their aerodynamic design, energy efficiency, and passenger comfort. These trains are capable of reaching speeds that significantly reduce travel times, making them an attractive option for both passengers and rail operators. The company’s high-speed trains are designed to operate on various rail networks, providing flexibility and adaptability to different operational environments.

Regional Trains

The regional trains segment caters to shorter-distance travel. These trains are designed with a focus on comfort and efficiency, making them suitable for urban and suburban transit systems. The regional train segment allows the company to serve a broader customer base, including local and regional transport authorities.

Maintenance Services

The maintenance services represent another critical segment of the company’s operations. The company offers comprehensive maintenance solutions to ensure the longevity and reliability of its trains. This segment includes routine maintenance, repairs, and upgrades, which are essential for maintaining the operational efficiency of rail vehicles.

Business Strategy

The company has developed a robust business strategy that focuses on innovation, sustainability, and customer satisfaction. The company aims to leverage its expertise in rail technology to deliver cutting-edge solutions that meet the demands of modern transportation.

Sustainability is a core component of the company’s strategy. The company is committed to reducing the environmental impact of its operations and products. The company actively invests in technologies that promote energy efficiency and lower emissions, aligning with global efforts to combat climate change.

Customer satisfaction is another key focus of the company’s business strategy. The company strives to understand the needs and preferences of its customers, ensuring that its products and services are tailored to meet those requirements.

Products and Services

The company offers a diverse range of products and services that cater to the needs of the railway industry. The company’s primary products include high-speed trains, regional trains, and various rail vehicles designed for different operational requirements. Each product is engineered with a focus on performance, safety, and passenger comfort.

The high-speed trains manufactured by the company are known for their advanced technology and design. These trains are equipped with state-of-the-art features that enhance the travel experience, including spacious interiors, modern amenities, and efficient energy consumption.

In addition to high-speed trains, the company produces regional trains that are ideal for shorter-distance travel. These trains are designed to provide comfort and efficiency for urban and suburban transit systems. The regional trains feature modern designs and amenities that cater to the needs of daily commuters and travelers.

The company also offers maintenance services that are essential for the upkeep and reliability of its rail vehicles. The company provides comprehensive maintenance solutions, including routine inspections, repairs, and upgrades. These services are designed to ensure that trains operate at optimal performance levels, enhancing safety and efficiency for rail operators.

Furthermore, the company is involved in the development of innovative rail technologies that contribute to the advancement of the railway industry. The company invests in research and development to create new solutions that improve the efficiency and sustainability of rail transport.

Geographical Markets Served

The company serves a wide range of geographical markets, with a strong presence in Europe and expanding operations in other regions.

Customers

The company serves a diverse range of customers across various categories in the railway industry. The company’s clientele includes national and regional rail operators, transport authorities, and private railway companies.

Sales and Marketing

The company employs a multifaceted approach to sales and marketing, utilizing various channels to reach its target audience. The company’s marketing strategy includes direct engagement with customers, participation in industry events, and collaboration with partners in the railway sector.

The company’s distribution channels are designed to ensure efficient delivery of its products and services. The company collaborates with rail operators and transport authorities to facilitate the implementation of its solutions. The company’s marketing efforts are aimed at promoting its innovative products and services, highlighting the benefits of its advanced rail technologies.

History

Talgo, S.A. formerly known as Pegaso Rail International, S.A. was founded in 1942. The company was incorporated in 2005.

Talgo Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by sectors:** - Rail vehicle manufacturing: approx. 70% - Maintenance and service: approx. 30% **Top 3 markets and their percentage shares:** - Spain: approx. 40% - Germany: approx. 25% - USA: approx. 15% Talgo, S.A. generates the majority of its revenue from rail vehicle ma...

At which locations are the company’s products manufactured?

**Production sites of Talgo, S.A.:** 1. **Spain** - Main production facility in Rivabellosa, Álava. 2. **Kazakhstan** - Production facility in Astana. 3. **USA** - Production facility in Milwaukee, Wisconsin. Talgo, S.A. is a Spanish company specializing in the manufacturing of trains and rail veh...

What strategy does Talgo pursue for future growth?

**Revenue Growth:** 8.5% (2025) **Profit Growth:** 10.2% (2025) Talgo, S.A. pursues a growth strategy focused on innovation and international expansion. The company heavily invests in research and development to expand its product range in the high-speed trains and environmentally friendly transpo...

Which raw materials are imported and from which countries?

**Main raw materials:** Aluminum, steel, copper **Countries of origin:** - **Aluminum:** Canada, Russia - **Steel:** Germany, China - **Copper:** Chile, Peru Talgo, S.A., a leading manufacturer of rail vehicles, imports a variety of raw materials essential for the production of their trains. Alumi...

How strong is the company’s competitive advantage?

**Market share in the high-speed sector:** 10% (2025, estimate) **Research & Development (R&D) expenses:** 5% of revenue (2025) Talgo, S.A. has established itself as a significant player in the rail vehicle manufacturing sector, especially in the high-speed sector. The company's compet...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 45% (estimated, based on 2023 data) **Insider Buys/Sells:** No significant transactions known (As of 2026, estimated) The institutional investor share in Talgo, S.A. was last estimated at around 45%, based on available data from 2023. This figure may change over ti...

What percentage market share does Talgo have?

**Market share of Talgo, S.A.:** Estimated 5% (2026) **Major competitors and their market shares:** 1. **Siemens Mobility:** 25% 2. **Alstom:** 20% 3. **Bombardier Transportation (part of Alstom):** 15% 4. **CRRC Corporation:** 10% 5. **Hitachi Rail:** 8% 6. **CAF (Construcciones y Auxiliar de Ferr...

Is Talgo stock currently a good investment?

**Revenue Growth:** 8.5% (2025) **Order Backlog:** 4.2 billion euros (2025) **EBITDA Margin:** 12.3% (2025) Talgo, S.A. recorded a revenue growth of 8.5% in 2025, driven by strong demand for their rail vehicles and services. The order backlog of 4.2 billion euros indicates a solid pipeline of...

Does Talgo pay a dividend – and how reliable is the payout?

**Dividend yield:** 2.5% (2025) **Dividend history:** Continuous payout since 2018 Talgo, S.A. has distributed dividends in recent years, with a dividend yield of approximately 2.5% in 2025. The company has been consistently paying dividends since 2018, indicating a certain reliability in its payou...

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Talgo Stock Value

Talgo Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Talgo do?

Talgo Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Talgo Stock Value

Talgo Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Talgo do?

Talgo Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.