ALSTOM Shares Up 6.24%: Momentum Continues

Significant Increase in Share Price

This morning's increase of 6.24% brings the share price to 24.17 euros, reflecting a notable acceleration from yesterday's 22.75 euros. This advance is part of a broader movement: the stock has accumulated a 14.88% increase over the last seven days and 12.42% over the past three months, significantly outperforming the CAC 40's gains during the same periods. Over the past year, the stock has progressed by 23%, compared to 13.36% for the Paris index, demonstrating sustained outperformance. However, trading volumes remain modest with only 0.18% of the capital traded this morning. This limited liquidity often characterizes technical movements in phases of strong progression, where the stock advances without massive accumulation of positions.

Technical Outlook

Technically, the stock is significantly above its near support level at 20.89 euros, providing a comfortable margin against immediate risk. The Relative Strength Index (RSI), at 59, signals a moderate bullish momentum without overbought conditions. The gap between the 50-day moving average, set at 21.70 euros, and the current price exceeds two euros, confirming an acceleration of the trend. The MACD histogram shows a positive reading of 0.14, indicating a continuation of the bullish momentum in the short term. The Money Flow Index (MFI) records a value of 0.16, indicating present buying pressure, although the limited volume moderates the significance of this signal.

Impact of Recent Financial Results

This movement comes the day after the disclosure of the first half 2025-2026 results. Alstom reported an adjusted EBIT of 580 million euros, surpassing analyst consensus forecasts. The group has also raised its organic growth projection to above 5% for the full year, up from a previous range of 3 to 5%. Concurrently, Deutsche Bank has raised its price target to 27 euros, acknowledging the improvement in the group's business outlook.