We come from a year clearly marked by the spectacular rises of an Ibex 35 marked by banking. But the truth is that hehe queen of the Spanish stock market has nothing to do with finances.
We talk about Indra, who. just as the world geopolitical board has been placed at this beginning of the year, it can, again, be placed as the jewel in the crown that flies over the selective during 2026.
At least this is demonstrated after the US incursion into Venezuela, the capture of Nicolás Maduro and his wife and their extraction to the United States, with Trump’s idea of controlling the country through the current vice president of the Bolivarian regime, Delcy Rodríguez and de facto with the direction of the North American Secretary of State and National Security Advisor, Marcos Rubio.
With these premises and with an eye on a Venezuela that has the largest oil reserves on the planet, above those of Saudi Arabia, the oil market is under the watchful eye of investors.
But also the defense companies, and among them Indra because the suggested possibility that Cuba is the next focus and even with an eye on Colombia, returns to the foreground of investment a defense industry that had lost traction to the point of laterality due to the possibility of a near peace in Ukraine.
But with potential new nuclei of war actions, all values rise strongly and place Indra intraday again at historical highs that have not been seen in its shares for two months and also makes it the value that has appreciated the most so far in 2026 in the market.
It recovers 221% from the lows of last February and It is already with gains of almost 8% accumulated so far this year.
Indra is a stock that does not have sell recommendations and although its exponential rise in 2025 had prudently placed it under the general neutral gaze of analysts, the truth is that the new momentum at this beginning of the year in the face of new geopolitical conflicts can change the situation.
Despite this, there are firms such as Bernstein who overweights the value with a target price of 57 euros per share and potential of 15%. But given what is happening, it is more than likely that the different analysis houses will improve their possible future bullish path, especially with an eye on the purchase of Escribano. The trading year has only just begun.