Capgemini Shares Drop 1.55% to €101.85, Down -31.8% Year-on-Year
In early afternoon trading, shares of the digital services group fell 1.55% to €101.85 in a sluggish Paris market. The CAC 40 is down 1.15% during the session, weighed down by luxury and aerospace sectors. Capgemini has fallen below its short-term moving averages and still shows a decline of 31.8% over the year.
A Declining Session in a Pressured CAC 40
At €101.85, the share is down 1.55% and ranks 31st out of 40 on the CAC 40. The stock is trading below its MM20 at €104.51 (a gap of -2.55%) and its MM50 at €103.61. The RSI at 50 indicates indecision, following a weekly gain of over 9% mentioned in our May 6th brief on the stock's upward trajectory. The technical support at €96.20 remains distant. The geopolitical backdrop remains tense, with Brent at $103.56 and a deadlock between Iran and the United States. The session also unfolds in an unfavorable market climate for Parisian luxury, with LVMH (-4.25%) and Kering (-3.62%) pulling the index downward.
Focus on the May 20 General Meeting and Investors Day
The financial calendar highlights two upcoming events. The 2026 general assembly is scheduled for May 20, followed a week later by the Investors Day on May 27. These dates follow the publication of quarterly sales figures at €5.943 billion, up 11% at constant exchange rates, as detailed in our article on the Q1 2026 dynamics driven by AI and the acquisitions of WNS and Cloud4C. Additionally, on May 6, the group placed a €800 million bond issue with a 7-year maturity, which was oversubscribed 2.7 times, as part of a refinancing operation for a loan maturing in April. Regarding valuation, the consensus of 17 analysts (yfinance, updated May 6) stands at approximately 7.9 times current year earnings, compared to 23.4 times for the average in the Technology sector. For analyst opinions, the expected growth in EPS from one fiscal year to the next is 7.6%. The next key date on the calendar is the general assembly on May 20.
