Capgemini Stock: Shares Fall Below 102 Euros, Down Nearly 45% Over One Year
Capgemini's stock continues its downward trajectory this Wednesday, February 18, trading around 101.95 euros, a decline of 1.69% from the previous day. The digital services group's shares are now down more than 10% over seven days and 45% over twelve months. In this context, two major investment banks have updated their recommendations.
Major Institutions Adjust Their Views on Capgemini
Two major institutions have adjusted their views on Capgemini in recent hours. Goldman Sachs lowered its price target this Wednesday from 195 to 170 euros, while maintaining a buy recommendation. The day before, JP Morgan also reduced its target, bringing it down from 155 to 150 euros, with a still neutral opinion. The gap between these two targets highlights significant differences in assessment regarding the group's ability to improve its business dynamics in the coming quarters. The next major event is scheduled for April 30, the date of the publication of the first quarter 2026 revenue, followed by the general meeting planned for May 20.
Technical Analysis Shows Marked Deterioration
From a technical standpoint, Capgemini's situation reflects a marked deterioration. The price, at 101.95 euros, is significantly below its 50-day and 200-day moving averages, positioned at 135.75 and 134.12 euros respectively, confirming a bearish trend established over multiple time horizons. The RSI, at 24, is in a territory of pronounced overselling, a threshold usually interpreted as a sign of intense selling pressure that could precede a technical rebound or a stabilization phase. The nearest support is forming around 99.74 euros, a critical level whose breach could pave the way for a new leg down. The lower Bollinger band, at 95.75 euros, provides an additional reference. Monthly volatility remains high, at nearly 16%, reflecting the amplitude of recent fluctuations in the stock of the European leader in consulting and IT services.
