AXA Shares Climb 2.76% After Record Revenue of 38 Billion
The insurer marks the second highest rise in the CAC 40 this Wednesday morning, in a well-oriented Parisian market. The stock benefits from the commercial momentum revealed the previous evening, confirming the strength of all the group's sectors in the first quarter.
A Reassuring Q1 Commercially, Despite a Drop in Solvency
AXA shares gained 2.76% to €41.40 at the opening, following the announcement of a first-quarter revenue of 38 billion euros, up by 6%. All segments contributed to this growth, according to the statement released Tuesday evening. However, the Solvency II ratio has fallen back to 211%, which is 4 points lower than in January. The group attributes this movement to unfavorable market effects related to inflation and the volatility of stocks and rates. During the 9-month 2025 publication, AXA had confirmed targeting an annual growth of 6% to 8% in operating income per share over the period 2023-2026. The financial calendar points to July 31, 2026, for the publication of the half-year results.
The Stock Approaches Its Resistance at €42.71
At €41.40, the stock is now approaching its upper Bollinger band set at €42.89, and is nearing the resistance identified at €42.71. The price is now significantly above its 50 and 200-day moving averages, both close to €39.85, indicating a recovery trend after the early May drop below the MM20. The RSI is at 47, in a neutral zone, and leaves room before a potential overheating signal. The MACD remains below its signal line, with the histogram at -0.28 indicating a short-term dynamic that has not yet turned. Over one year, the performance is limited to 0.66%, and the stock has gained 4.92% over three months. The crossing of €42.71 will be the next observable graphical reference.
