Airbus Shares Under Pressure Ahead of Results: BNP Exane Targets 190 Euros
Airbus shares fell by 1.1% this Wednesday, to 170.86 euros, in a declining Paris market. The CAC 40 is down by 0.52% during the session while the European aerospace and defense sector shows no clear direction. Following the company's general assembly and a new analyst note, the European aircraft manufacturer is under close scrutiny two weeks before the publication of its quarterly results.
BNP Paribas Exane Initiates Coverage
The day before, BNP Paribas Exane began covering Airbus with a neutral recommendation and a target price of 190 euros. This target implies an upside potential of about 11% from the current price of 170.86 euros. This target is close to the 200-day moving average, set at 190.69 euros, which currently serves as a long-term benchmark for the stock.
This cautious positioning by the bank comes in a context of significant decline over the past three months, with the stock losing more than 20% during this period. Conversely, the performance over the past year remains solidly positive, at +23.6%. The general assembly was held yesterday, April 14, while the first quarter 2026 results are expected on April 28, an event that could provide additional visibility on the group's operational trajectory.
Technical Analysis of Airbus Stock
Technically, Airbus's stock price stands at 170.86 euros, above its 20-day moving average (166.64 euros) but significantly below the 50-day moving average (177.81 euros). This crossover indicates a fragile short-term dynamic, as the stock has not yet managed to reclaim this technical threshold despite a weekly rebound of over 5%. The RSI, at 52, remains in a neutral zone, with no signs of overbuying or overselling.
The stock remains in the upper part of its Bollinger Bands, at 73% of the range, with an upper boundary at 175.82 euros and a lower boundary at 157.46 euros. Immediate resistance is formed at 180.28 euros, a level that roughly coincides with the 50-day moving average. Elsewhere in the European sector, Safran is down 2.02% in the session, while Schneider Electric limits its decline to 0.13%. Across the Atlantic, the mood is more favorable, with the S&P 500 up 1.18% and the Dow Jones up 0.66% during the session.
