Amundi Shares Hit Record High of €83.05 Following Quarterly Results
The asset manager continues its momentum after the release of its quarterly results. The Amundi stock reached a record high of €83.05 during Monday's session, extending the trend that began in late April. The stock is currently trading at €82.95, up 0.91% from the last close.
The stock crossed a symbolic threshold with a record high of €83.05 reached during the session. This movement is a continuation of the April 29 session, where the stock had jumped 6.65% following the announcement of a record quarterly net inflow of €32 billion. Over seven days, the increase reaches 8.5%. The adjusted net income for the first quarter increased by 15% year-over-year to €349 million, with earnings per share of €1.69. This growth contrasts with a CAC 40 that fell by 0.53% to 8,071.93 points during the session, and an SBF 120 that lost 0.42%. On the schedule, the general assembly is planned for June 2, followed by the dividend detachment on June 9.
Stock Breaks Above its Bollinger Bands
Free · Every morning
Technical market signals, before the opening bell.
Bullish and bearish momentum, analyst changes, stocks to watch — automatically computed from Euronext data.
✓ Before 9 AM every morning✓ Euronext data✓ AI-powered analysis
Almost there! Check your inbox.
A confirmation email has been sent. Click the link to confirm your subscription.
An error occurred.
Indicative data. No investment advice. Unsubscribe at any time.
The stock is priced at €82.95, significantly above the upper Bollinger band set at €79.79. This configuration reflects an upward extension dynamic after breaking through the technical resistance at €81.40, a level already reached during the April 29 session. The MM50 at €75.97 and the MM200 at €70.17 remain below the price, consistent with the medium-term bullish trend (+15.45% over a year). The RSI at 52 remains neutral, which moderates the overbought reading suggested by the Bollinger breakout. In the background, the ECB kept its key interest rates unchanged on April 30, while signaling an intensification of risks on inflation and growth related to the conflict in the Middle East. The next milestone for the stock will be the publication of the second-quarter results, scheduled for July 30.
Au troisième trimestre, Amundi a prolongé les dynamiques positives avec une collecte de +15 Md€, une hausse des revenus de +5% et une progression du résultat avant impôt de +4 %.
Collecte soutenue (9M +67 Md€, T3 +15 Md€), encours record 2 317 Md€, croissance des revenus (+4,9 % 9M ajusté), forte progression d'Amundi Technology (+48% 9M/9M) et bonne dynamique des ETF (+28 Md€ 9M). Résultats ajustés en hausse: résultat avant impôt ajusté 9M 1 340 M€, résultat net ajusté 9M 978 M€.
Risks mentioned
Incertitude sur le renouvellement du contrat de distribution UniCredit à échéance juillet 2027
Risque de change: effet défavorable du dollar US (-12%) et de la roupie indienne (-15%) sur les encours
Risque de réallocation de l'EPFO pouvant entraîner sorties pour SBI FM (30-40 Md€ évoqués)
Volatilité des marchés pouvant impacter les encours et la collecte
Opportunities identified
Croissance en Asie (collecte 9M +29 Md€, forte contribution des JV et distribution directe)
Distribution Tiers et plateformes digitales (collecte 9M +21 Md€, 34% de la collecte via plateformes digitales)
Actifs privés et stratégies Megatendances (levée Mégatendances III 0,3 Md€)
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
