Atos Stock: 8.91% Drop at Close Following Downward Revision of 2025 Revenue Forecast
Atos' stock recorded the largest decline in the SBF 120 this Tuesday, October 21, closing at 51.74 euros. This correction occurred the day after the third quarter 2025 results were published, along with a downward adjustment of the annual revenue forecast. The digital services group now shows a decrease of 5.43% over one year, while the CAC 40 has increased by 8.48% over the same period.
Significant Drop in Tuesday's Session
Tuesday's session was marked by a sharp decline in the stock price, dropping from 56.80 euros the previous day to 51.74 euros at close, representing an 8.91% decrease. Trading volumes accounted for 2.47% of the capital, indicating sustained activity. This correction contrasts with the dynamics of the Parisian market, as the CAC 40 showed an increase of 0.64% on the day. Over a week, the stock still records a slight increase of 1.06%, but the three-month performance remains spectacular with a surge of 88.15%, reflecting the rebound of the stock from its lowest levels. The volatility of the stock remains high with a level of 20.31 over one month, while a beta coefficient of 0.13 indicates a low correlation with the market as a whole. The current price is distant from the resistance threshold identified at 61.05 euros, which had been approached before this correction. The technical support is positioned at 44.61 euros, providing a safety margin of about 13.8% relative to the closing price.
Decline Following Q3 2025 Results
The decline occurred after the publication on Monday, October 20, of the third quarter 2025 results. Atos achieved a revenue of 1.98 billion euros for the period from July to September, a 10.5% organic decrease compared to the previous year. This deceleration brings the decline to 15.2% for the first nine months of the year, with a cumulative revenue of 5.99 billion euros. Quarterly order intake was established at 1.31 billion euros, with Cloud and Cyber activities progressing while regional offerings were affected by macroeconomic uncertainty. Facing this dynamic, the group revised its 2025 revenue target, now expected to be above 8 billion euros compared to approximately 8.5 billion previously. This revision is explained by the impact of exchange rates, the decrease in revenue generated from less profitable and deficit contracts, and market weakness. However, the management has maintained its profitability targets with an operating margin above 4%, and expresses confidence in a return to organic growth in 2026. The net cash flow variation in the third quarter was limited to -38 million euros, without resorting to factoring receivables.
Technical Perspective
From a technical standpoint, the stock is trading above its 50-day and 200-day moving averages, positioned respectively at 47.44 euros and 36.16 euros. This configuration indicates a positive underlying trend despite the day's correction. The price is situated in the median part of the Bollinger Bands, ranging between 46.93 euros and 61.31 euros, allowing room for potential movements in both directions. The RSI indicator displays a value of 49, indicating a neutral zone without overbought or oversold conditions. The MACD presents a slightly negative histogram at -0.49, with the MACD line at 1.85 moving below the signal line at 2.34. The ATR, measuring the average amplitude of variations, is established at 1.61, confirming the volatile nature of the stock in the current environment.
